Growth in residential, rental and mortgage segments lift Zillow in Q1
Zillow tallied growing revenue while stabilizing losses in the first quarter of the year as the reigning search portal narrowed in on its post-commission settlement strategy on Wednesday
by Marian McPherson May 1
Zillow to offer short-term 'non-exclusive' touring contracts
The new touring agreements will last 7 days and are a response to terms contained in recent commission lawsuit settlements
by Jim Dalrymple II Apr 30
Ryan Reynolds creates Zillow ad inspired by hit show 'Bluey'
The season finale of hit show, 'Bluey,' focused on the heart-wrenching decision to move to a new home. Now, Zillow is using the cartoon to help children feel excited about their real-life moves
by Marian McPherson Apr 26
With Matterport buy, CoStar makes it a ground game
Opinion
Homes.com's $2B investment in 3D tech indicates the ground assault has started, as it looks to absorb terabytes of property meta-data upstream into its products and marketing campaigns
by Craig C. Rowe Apr 23
Zillow launches 'Home Just Got Real' ad campaign
The new advertising campaign highlights the struggles homebuyers face while trying to find the perfect home. The ads will run throughout the 2nd and 3rd quarters of the year
by Marian McPherson Apr 16
West Coast tech hubs see home values skyrocket in spring market
Seasonal price growth is highest in San Jose as buyers compete for extremely limited inventory, according to an analysis by Zillow
by Ben Verde Apr 15
St. Louis, The Arch, Missouri
First-time homebuyers made up half of all homebuyers in St. Louis in 2023, according to Zillow. That's the highest share the city has seen since at least 2017
by Ben Verde Apr 5
'Million-dollar' cities have spiked to a new high in the US: Report
There are now 550 'million-dollar' cities in the U.S. compared to 491 last year. California is home to nearly half of them, according to a new Zillow analysis
Moehrl attorney: Market shift after NAR settlement 'will take time'
Robby Braun, partner at Cohen Milstein Sellers & Toll, addresses 'misconceptions' about the NAR deal's impact and says Realtors who try to ignore the changes 'will get left behind'
by Andrea V. Brambila Mar 25
Landlords pull plug on renter incentives ahead of spring
A new Zillow analysis on Wednesday revealed a slowdown in rental concessions ahead of a busy spring and summer leasing season. Only 32.2% of rentals advertised incentives in February
by Marian McPherson Mar 20
How commission chaos divided the real estate industry into 4 factions
The verdict in the monumental Sitzer | Burnett commission case in Missouri — plus oversight by federal regulators — has splintered the industry as it scrambles to figure out how to move forward
by Taylor Anderson Mar 20
Take the Inman Intel Index survey for March
Opinion
The Inman Intel Index goes beyond sentiment and trends by tapping into the real estate industry's most engaged community. Add your voice to the industry's most ambitious monthly survey today
by Chris LeBarton Mar 20
Homes.com gets analyst boost amid 567% annual traffic spike
CoStar Group's residential portal is having a stellar week as a February traffic boost and NAR's proposed commission settlement encouraged analysts to upgrade their outlook on the company
by Marian McPherson Mar 19
2024 Spring Outlook: Another tight market, this time with extra anxiety
As the first day of spring arrives, 3 economists shared with Inman why headwinds will continue to plague the housing market in 2024, long after a recovery was expected to revive US home sales
by Marian McPherson Mar 19
Zillow economist identifies 11 cities primed for real estate investors
Zillow Chief Economist Skylar Olsen said these markets are ideal cities for real estate investors to purchase properties in the coming years
by Ben Verde Mar 12
Zillow, Realtor.com team up on syndicated rental listings
The ongoing portal war has now sparked a new alliance that'll see Zillow's rental listings show up on Realtor.com's site
by Jim Dalrymple II Mar 6
Using paid leads? Here's the FCC change you need to know now
Whether your lead gen leans into cold calls, direct mail, door knocking or portals, Bernice Ross talks to REDX's Curtis Fenn to find out what changes are afoot
by Bernice Ross Mar 1
Here's how Zillow's new 'super app' is driving revenue growth: DelPrete
Zillow is diversifying its revenue along the transaction — what it calls its super app — and is outperforming a depressed market, Mike DelPrete writes
by Mike DelPrete Mar 1
Zillow teams up with Howard Hanna to offer Listing Showcase
The technology platform is designed to improve marketing for listings. Now, Howard Hanna agents will get to exclusively offer the tool to their clients in Pittsburgh and Cleveland
by Jim Dalrymple II Feb 29
Susan Daimler at Inman Connect
With more data showing that sharp, professionally edited photos help homes sell faster, products like Listing Showcase+ are well positioned to gain traction in an inventory-starved market
by Craig C. Rowe Feb 23
MLSs push to dismiss antitrust charges from Zillow, ShowingTime
Arizona Regional MLS (ARMLS) and Metro MLS filed a motion to dismiss Zillow's antitrust lawsuit against them
by Ben Verde Feb 21
Greg Schwartz's Tomo launches AI-powered home search platform
Former Zillow executives Greg Schwartz and Carey Armstrong have launched a home search portal under their company, Tomo. The portal is available to homebuyers in 21 states
by Marian McPherson Feb 20
CoStar maintains winning streak and grows revenue yet again in Q4
CEO Andy Florance touted his company's residential portal Homes.com as the 'fastest growing residential property site in the United States' in a new earnings report released Tuesday
by Jim Dalrymple II Feb 20
WATCH: Andy Florance takes aim at 'Ziltorfin' business tactics
CoStar Group founder and CEO Andy Florance called Zillow, Realtor.com and Redfin pushback against Homes.com traffic numbers 'bait and switch' business tactics
by Christy Murdock Feb 20
CoStar, Zillow, RE/MAX among 118 firms sued by law enforcement
Atlas Data Privacy Corp. alleges the companies disclosed home addresses and unpublished home phone numbers for judges, police officers, prosecutors and their families
by Andrea V. Brambila Feb 14
'The vibe is pretty good' as first earnings season of 2024 kicks off
Ahead of Q4 earnings this week and next, analysts are narrowing in on the future — and pleased by lower rates and a healthier economy as it rebounds from the final months of 2023
by Jim Dalrymple II Feb 14
WATCH: The Zillow 'super app' is kind of already out there
Zillow President Susan Daimler talked with Inman founder Brad Inman about the new 'super app' the company has in the works
by Jessi Healey Feb 13
Zillow revenue rises in Q4 as Barton touts portal's 'household name'
Despite a slower market, Zillow saw revenue from its residential, rental and mortgage business rise in the fourth quarter of 2023, according to an earnings call Tuesday
by Jim Dalrymple II Feb 13
Utah homeseller files commission lawsuit against NAR, 13 others
The complaint — one of nearly two dozen targeting real estate's commission-sharing structure — alleges 'most' buyer agents will steer clients away from listings that offer lower commission
by Taylor Anderson Feb 12
Need a roomie? Zillow now allows you to list single rooms for rent
Landlords have the ability to list single rooms for rent on Zillow, as affordability concerns relegate more renters to living with roommates
by Ben Verde Feb 9
CoStar to spend a billion dollars on marketing in fight for portal crown
CoStar plans to advertise during this Sunday's Super Bowl, running 4 commercials, and at major cultural events in what it describes as 'the biggest marketing campaign in real estate history'
by Jim Dalrymple II Feb 8
How love and politics are impacting homebuyers' decisions
Although affordability is still the No. 1 factor in most homebuyers' moves, 2 surveys from Zillow and Redfin reveal politics and romance also play a role
by Marian McPherson Feb 6
CoStar takes portal war to YouTube, promises new platform
In 3 star-studded advertisements for Homes.com that appeared on YouTube over the weekend, the CoStar Group teases a 'revolutionized' shopping experience ahead of Super Bowl Sunday
by Jim Dalrymple II Feb 6
REX appeals latest court loss, aims to keep fighting Zillow
The company is appealing a recent ruling that rejected its request for a new trial. REX has been feuding with Zillow for years now
by Jim Dalrymple II Feb 5
Zillow's Immerse app promises 'jaw dropping' 3D home tours
Zillow Immerse is the latest in a series of software releases from the home search leader as it moves toward an agent services model, collectively referred to as its 'super app'
by Craig C. Rowe Feb 2
'Ziltorfin,' Silver Tsunami, lawsuits: Inman's Top 5
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers
by Dani Vanderboegh Jan 26
Zillow President Susan Daimler defends long-gestating 'super app'
The portal executive also declared that she didn't think the 'Your Listing, Your Lead' approach of Homes.com serves either agents or consumers well
by Andrea V. Brambila Jan 25
Want to halt the portal war? Standardize MLSs
At ICNY, proptech leaders Eileen Romito, Derek Hooper and Catharine MacIntosh explained how MLS rules led to the rule of real estate portals, and what can be done to take the power back
by Marian McPherson Jan 25
Realtor.com CEO 'loves' heated competition with Homes.com
Realtor.com CEO Damian Eales addressed the traffic rivalry with Homes.com and why competition is good for agents and consumers
by Marian McPherson Jan 25
Compass CEO Robert Reffkin comes out in favor of Homes.com
On Thursday, in conversation with Brad Inman at ICNY, Reffkin weighed in on the portal wars, predicted an improved market in 2024, and revealed he takes public transit around New York
by Jim Dalrymple II Jan 25
We’re on the cusp of something big: Zillow's Samuelson on AI
Although who's responsible for the absence of a true end-to-end remains up for debate, 4 real estate and proptech executives found common ground on the fact that AI is 'what's next' for the industry
by Craig C. Rowe Jan 25
Judge quashes REX retrial request in long-simmering feud with Zillow
Federal Judge Thomas S. Zilly declined REX's motion for a retrial on Thursday. The company had been a years-long battle with Zillow over alleged antitrust activity regarding its IDX policies
by Marian McPherson Jan 19
Zillow launches new reporting feature to help renters build credit
The new feature will allow renters who pay their rent through Zillow to have their on-time payments reported to a major credit bureau
by Ben Verde Jan 18
Shamed developer withdraws floor plans 'honoring' Tubman, Frank
Albuquerque-based Abrazo Homes drew the ire of social media users for their floor plans named for historic women. Descriptions have now been edited to remove facts about the women's lives
by Marian McPherson Jan 17
Queens is poised to unseat Brooklyn as hottest NYC borough
A new report from StreetEasy suggests that the World's Borough will be crowned the hottest borough in New York City after a stellar 2023
by Ben Verde Jan 11
Broker Public Portal appoints former RE/MAX exec as CEO
Dan Troup will lead a company founded by brokerages and MLSs, which aims to build an alternative to big portals such as Zillow and Realtor.com
by Jim Dalrymple II Jan 11
Zillow reappoints venture capitalist Bill Gurley to board
Gurley joins Zillow at a time when the portal giant is under pressure to evolve and deliver on its promise to create a housing super app
by Jim Dalrymple II Jan 10
This city in upstate New York is Zillow's hottest market of 2024
Zillow is once again predicting that more affordable markets will be the ones to watch in 2024, with Buffalo, New York, taking the top spot
by Ben Verde Jan 4
49% of agents sold either 1 home or none at all in the past year: CFA
Agent 'glut' means part-timers are now the majority, leading to 'widespread incompetence and pressure to maintain high commission rates,' according to the Consumer Federation of America
How well do you remember 2023's biggest real estate stories?
Scandals, lawsuits, technology and more dominated the headlines in what turned out to be one of real estate's most eventful years in recent memory
by Jim Dalrymple II Dec 29
Azibo, Fello, Cloze among Inman's best-reviewed proptech of 2023
Opinion
AI fueled the biggest trends in proptech this year, but so did efforts to put the consumer first, tech critic Craig Rowe writes. Check out the dozens of products that received his highest praise in 2023
by Craig C. Rowe Dec 28
From Sitzer to Moehrl, 2023 was the year of commission confusion
Sitzer | Burnett and its verdict cast a long shadow that will extend into 2024 and potentially shake up the real estate industry. But it wasn't the only lawsuit with commissions in the crosshairs
by Andrea V. Brambila Dec 28
Zillow files antitrust lawsuit against 2 major MLSs
The listings portal filed a complaint in US District Court for the District of Arizona against Arizona Regional MLS and MLS Inc. for what it asserts are violations of federal antitrust law
by Ben Verde Dec 27
Domicile takes gamification of Zillow-scrolling to whole new level
The app is the first-ever game to pull real-time MLS data to merge gaming with an ever-changing real estate market where users can guess home prices and connect with agents
by Lillian Dickerson Dec 26
Opendoor founder Eric Wu leaving company to focus on startups
Wu founded Opendoor in 2014 and served as the company's chief executive officer until last year. He said in a statement that he's leaving to focus on building new things
by Jim Dalrymple II Dec 15
CoStar acquires popular UK real estate portal
The acquisition of OnTheMarket, a major portal in the UK, comes as CoStar continues to push further and further into the residential space
by Jim Dalrymple II Dec 14
Zillow unveils 3D tour of Santa's enviable North Pole luxury cabin
Using a floor plan generated by artificial intelligence, families can now explore every nook and cranny of Santa Claus' house, which is currently valued at $1.18M
by Ben Verde Dec 13
Buckle up for the 2024 portal war
Expect the portal wars to go into overdrive in 2024, with CoStar Group leading an ambitious effort to unseat Zillow as the country's top real estate portal, technology advisor Mike DelPrete writes
by Mike DelPrete Dec 6
Zillow predicts a 'breather year' for homebuyers in 2024
Homebuyers will have slightly more homes to choose from at slightly more agreeable prices in the new year, according to the portal's 2024 forecast
by Ben Verde Nov 30
New data shows much of the US has entered the ‘renter’s market’
The Sun Belt leads the ongoing drop in rent declines, and the price of rent is now lower than a year ago in 50 of the top 100 markets Zumper tracks
by Taylor Anderson Nov 28
Homebuyers demand school data. Portals are grappling with the risks
Home-listing portals all rely on the same source for school ratings, which are treated as essential by many homebuyers. If used improperly, critics fear the data could lead to Fair Housing violations
by Marian McPherson Nov 22
Real estate CEOs: Big impact from commission suits 'improbable'
The bombshell verdict of Sitzer | Burnett rocked the real estate industry, but recent earnings reports suggest many of its most recognizable CEOs don't anticipate major disruptions
by Jim Dalrymple II Nov 17
Mark McLaughlin: Client trust is all that matters — all else is 'noise'
Compass' chief real estate strategist speaks this week at the Compass RETREAT on 'The Future of the Industry and Client Representation.' In a recent conversation, he shared his insights
by Lillian Dickerson Nov 16
Lack of access to credit keeps Black neighborhoods in rental loop
Access to safe credit building is limited in Black neighborhoods, Zillow reported, highlighting lingering effects of redlining that keep those households renting instead of owning a home
Commissions are key as REX seeks retrial in listings suit against Zillow
In a motion filed Tuesday in a Seattle federal court, the defunct discount brokerage claims it was unfairly prohibited from presenting testimony about commissions to jurors in the original trial
by Ben Verde Nov 2
Zillow's Q3 revenue ticks up, losses shrink despite rough market
The portal giant brought in $496M in revenue between July and September. That's a 3% increase compared to 1 year earlier
by Jim Dalrymple II Nov 1
DelPrete: How Zillow pressures its agent partners to plug mortgages
Zillow is shoring up its Home Loans business by ratcheting up pressure on Flex agents, who refer clients to the mortgage arm or risk losing future leads, real estate advisor Mike DelPrete writes
by Mike DelPrete Nov 1
This season's trendiest wedding registry gift? A brand new home
The share of couples including 'home funds' as part of their wedding registry has increased by 55% since 2018, according to a joint analysis released Thursday by Zillow and The Knot
by Ben Verde Oct 20
NAR to shed 1M members if shared commission banned, analysts say
A report released Oct. 4 by the investment banking firm Keefe, Bruyette & Woods forecasts commissions to decline by at least 30% as a result of ongoing threats to the real estate industry
by Taylor Anderson Oct 16
Zillow Flex program's success fee rises to 40%: DelPrete
Despite all the talk of alternative revenue streams, Zillow's latest money-making strategy is raising the price of its agent-based lead-gen offering
by Mike DelPrete Oct 12
Zillow launches new feature for home search by school district
The feature allows homebuyers to select a school district and displays school attendance zone boundaries and homes available for rent or for sale within those boundaries
by Lillian Dickerson Oct 12
Intel unpacks the startling price of entry into the US housing market
Economists, homeowners and agents broke down the alarming but true cost of buying property in 2023, telling Intel that rising rates and home prices are only the start for wallet-stretched buyers
by Marian McPherson Oct 4
Andy Florance: Bombshell lawsuits will upend Zillow's business model
CoStar CEO Andy Florance dished with Intel about the commission lawsuits, Zillow and NAR as Homes.com nabbed 100M unique visitors for the first time ever in September
CoStar's Homes.com beats Redfin, Realtor.com to become No. 2 portal
In a sign of the listing portal's growing influence, Homes.com hit more than 100M unique visitors in September, sparking a 1,290% annual increase in traffic. Now the portal is second only to Zillow
Zillow fends off final claims in fruitless REX lawsuit
The now-defunct brokerage failed to convince a jury that Zillow used unfair tactics when it gave non-MLS listings a separate place on its site
by Daniel Houston Oct 2
New builds drive surge of more than $2.6T in housing market value
The value of US housing has reached a new peak of slightly under $52T in the past year and is up 49% from the start of the pandemic, according to Zillow
by Ben Verde Sep 27
The pandemic broke open houses. Can a financial downturn fix them?
Open houses have been on the decline for decades, with a typical seller hosting just 1 open house before a sale. But an Intel review of data shows a downturn could breathe new life into the practice
by Marian McPherson Sep 20
Social media favorite Zillow Gone Wild greenlit for new HGTV show
The popular social media page is getting its own 9-episode HGTV show, with 8 half-hour episodes and an hour-long season finale
by Ben Verde Sep 13
Home values fell in 21 of the 50 largest US metros in August: Zillow
Home values are now 11.4% lower in Austin, Texas, than they were in Aug. 2022, Zillow said. Nationally, prices were up slightly from July to August, and there was a small inventory uptick
by Taylor Anderson Sep 13
Zillow and Homesite team up to offer renters insurance
Renters can purchase insurance policies on Zillow's desktop or mobile platform, thanks to a partnership with Homesite Insurance. Renters can pay on a monthly or annual basis
by Marian McPherson Sep 7
Zillow's Listing Showcase product released to 6 more markets
The enhanced property marketing service from the industry’s most popular portal is offered under the company’s ShowingTime+ division, limited to select agents in each market, the company said
by Craig C. Rowe Sep 1
Share of first-time homebuyers hits highest level since 2010: Zillow
Unburdened by rate lock, the share of first-time homebuyers rose to 50% this year, according to a new report from Zillow. That's the highest share since 2010
by Taylor Anderson Aug 23
The internet fell hard for real estate in 2021. But can the love affair last?
Nearly 3 years after 'Saturday Night Live' declared 'real estate is your sex now' in a popular Zillow parody, mind share around the industry is sagging, according to an Intel analysis of traffic data
by Jim Dalrymple II Aug 23
Court rules Zillow falsely labeled REX listings as case heads to trial
Despite the ruling, Zillow said it looks forward to presenting its case to a jury and is 'confident that the evidence will show that REX’s business failed for reasons unrelated to Zillow'
by Andrea V. Brambila Aug 22
Zillow's Listing Showcase is poised to change the seller equation
Opinion
As Zillow's Listing Showcase rolls out, it’s becoming clear that it will play a central role on the seller side of the business as it unlocks new premium revenue streams
by Mike DelPrete Aug 17
Zillow's Spencer Rascoff launches AI personal assistant heyLibby
The latest product of Rascoff's 75 & Sunny Labs, heyLibby takes care of engaging and tracking leads for business owners. The free platform takes less than 5 minutes to set up, company said
by Marian McPherson Aug 17
REX antitrust claims against NAR and Zillow dismissed with prejudice
Judge Thomas Zilly on Wednesday tossed antitrust claims against NAR and Zillow, saying REX had failed to prove the parties had agreed to work together to disadvantage non-MLS listings on Zillow
by Andrea V. Brambila Aug 16
In crucial Q2, real estate separated wheat from the chaff: Intel analysis
The biggest publicly traded brokerages and tech companies significantly slashed losses in the second quarter, restoring investor confidence, according to an Intel analysis of Q2 earnings data
by Daniel Houston Aug 16
A stock analyst reveals the 2 big winners from Q2 earnings season
Among the publicly traded real estate enterprises to release second-quarter earnings reports this month, 2 companies stood out for John Campbell, a managing director at analytics firm Stephens
by Daniel Houston Aug 16
Zillow's Samuelson: AI to create 'once in a 200 years' revolution
Zillow's Errol Samuelson compared the rise of AI to the invention of the steam engine and encouraged real estate professionals to stay vigilant when it comes to technology
by Jim Dalrymple II Aug 8
NYC tops list of most expensive rental markets, ousting San Jose
New York City topped San Jose as the most expensive rental market in the country, the first time the Big Apple has topped the list since Zillow began tracking the data in 2015
by Taylor Anderson Aug 8
The ultimate guide to Inman Connect Las Vegas 2023
So you've decided to join us at Inman Connect Las Vegas. Bravo! Here's a day-by-day breakdown of the conference along with some tidbits to get the most out of your week in Sin City
by Marian McPherson Aug 8
Zillow sees losses rise in Q2 thanks to 'tough' market
The company lost $38M between April and June, though it did see revenue tick up slightly. Zillow also described 2023 as 'crucial,' in a newly published earnings report
by Jim Dalrymple II Aug 2
'Empowered with great products,' Zillow acquires Aryeo
Aryeo offers an online platform for managing real estate marketing media, founded by a trio of real estate photographers and media creatives. It will fall under ShowingTime+, Zillow said
by Craig C. Rowe Aug 2
Even CoStar doesn't think it will unseat Zillow, DelPrete argues
For all its bluster, CoStar Group likely doesn't think it can overthrow Zillow to become real estate's top portal, Mike DelPrete tells Intel. Here's what the commercial real estate giant is really after
by Daniel Houston Aug 2
Team of rivals: Zillow, Redfin unite to share new construction listings
New construction listings on Zillow will now automatically be syndicated to Redfin. The companies believe the partnership will extend the reach of the homebuilders' listings while aiding consumers
by Jim Dalrymple II Aug 2
An 'entire neighborhood' for sale? Let's unpack that viral TikTok video
A 35-home listing on Zillow has prompted debate over displacement and institutional investment — and pushback over a TikToker's claim that an 'entire neighborhood' was about to hit the market
by Jim Dalrymple II Aug 2
Will the second quarter of 2023 match real estate's Q1 meltdown?
Major real estate companies began reporting Q2 earnings this week against a backdrop of high rates, low inventory and a sluggish economy. Analysts shared what they're watching with Intel
by Jim Dalrymple II Jul 26
CoStar posts profitable Q2 as real estate portals tally record traffic
The commercial and would-be residential giant saw revenue jump 13% year over year in the second quarter while profit climbed 20%, according to a 2Q earnings call Tuesday afternoon
by Jim Dalrymple II Jul 25
Zillow, Apartments.com join Biden's war on rental housing fees
Zillow, Apartments.com and AffordableHousing.com agree to join the fight in a continuation of a war on rental fees the Biden administration announced in March
by Taylor Anderson Jul 19
Here's how CoStar can beat Zillow and win the real estate portal wars
CoStar is already borrowing a page from other big insurgent companies including Nike, Apple and Pepsi. But whether it can surpass Zillow may depend on how much it spends, analysts told Intel
by Ben Verde Jul 19
Cash is still king as Florida agents navigate 'wonkiest market' in years
As the summer housing market in Florida heats up, homebuyers and sellers are discovering a tale of 2 markets that offers opportunities for luxury buyers — and next to nothing for everyone else
by Marian McPherson Jul 14
Zillow's super app is taking shape — and the agent is front and center
Opinion
ShowingTime+, an offshoot of Zillow, has released Listing Showcase, a new way to market listings on the popular consumer search site that makes the agent the centerpiece
by Craig C. Rowe Jul 12
Home value hits all-time high in June as owners cling to low rates
Typical home value breached $350,000 for 1st time in June, a new peak in typical values according to a report by Zillow. Redfin shows nearly 92% of homeowners have a mortgage rate below 6%
by Ben Verde Jul 12
'Marginal agents' with fewer sales now claim quarter of commissions
Agents with 5 or fewer sales a year took in an estimated 25-30% of all commission income in 3 disparate markets, according to an analysis of MLS data by the Consumer Federation of America
by Andrea V. Brambila Jul 10
The stories and trends that defined a whirlwind first half of 2023
Intel takes a look back at the market trends, brokerage strategies, Wall Street happenings and legal controversies that shook the past 6 months and could well define the remainder of 2023
by Marian McPherson Jul 5
Property investing is so hard, even Spencer Rascoff steers clear of it
The co-founder of Zillow and Pacaso just isn’t that into traditional real estate — at least as an income-generating investment, he told Arrived CEO Ryan Frazier in a recent interview
by Daniel Houston Jun 30
Scenic View Of Mountain Range Against Blue Sky
New Mexico MLS — a statewide MLS with 1,150 agent, broker and appraiser subscribers — will likely launch Aligned Showings in either Q4 2023 or Q1 2024, according to MLS Aligned
by Andrea V. Brambila Jun 27
Zillow rolls out AI-powered 'super listing' tool
Listing Showcase is part of Zillow's new ShowingTime+ brand and is currently available to a select group of agents that partner with the portal giant, according to the company
by Jim Dalrymple II Jun 27
US needs 4.3M homes to close the affordability gap: Zillow
During 2021, there were 8M 'missing households' across the country — families without homes of their own — compared to just 3.7M housing units available for rent or sale, according to Zillow
by Ben Verde Jun 22
StreetEasy assembles advisory board for broker feedback
The board is composed of 19 brokers from various firms across New York City who will meet in person once a quarter to discuss resources, products and other topics, according to StreetEasy
by Ben Verde Jun 16
Low inventory propped up price growth this spring
US home values grew 1.4% between April and May of 2023 — slower than the past 2 springs but faster than both the 2018 and 2019 spring markets
by Ben Verde Jun 12
Meade High School, Kelly Moss and the rise of fake real estate listings
Two fake Zillow listings went viral at the end of May — one was a high school senior prank and the other resulted in buyers losing thousands. Here's how to save clients from online scammers
by Marian McPherson Jun 12
Zillow must pay VHT $2M for listing photos, appeals court affirms
Unless the companies take their case to the U.S. Supreme Court and it opts to take it, this is the end of the road for a legal saga that began 8 years ago over the fate of sold listing photos
New scheduling, market reporting tools boost ShowingTime+
While Zillow remains centered on consumer search and lead generation, offspring ShowingTime+ is becoming the 'super app' the industry giant promised, according to the company
by Craig C. Rowe Jun 8
Zillow, Anywhere and Compass vanish from annual Fortune 500 list
The real estate giants' omission from Fortune's annual list of the biggest companies illustrates just how far industry players have fallen as a result of a housing contraction that began in 2022
by Ben Verde Jun 7
82% of Americans favor upzoning as fix for skyrocketing housing costs
Zillow's survey revealed overwhelming support for accessory dwelling units, duplexes, triplexes and other dense-housing complexes as housing costs have doubled from pre-pandemic levels
by Marian McPherson Jun 1
Zillow and Opendoor expand partnership to 11 new markets
The former rivals are now jointly providing cash offers to consumers in a total of 16 markets, most of them spread out across the Sunbelt, according to an announcement Thursday
by Jim Dalrymple II Jun 1
Zillow expands 'post-pay' Premier Agent model to 2 new markets
The expansion is part of Zillow's 'enhanced markets' program, which is now in 6 cities and part of the company's efforts to eventually build a real estate 'super app'
by Jim Dalrymple II May 26
Spencer Rascoff
The portal's co-founder and former CEO also said that Zillow's impact includes creating tens of thousands of new 'super agents'
by Jim Dalrymple II May 25
The portal wars: Can any challenger seize the throne from Zillow?
Zillow has the most traffic, according to an analysis by Intel, but at least 1 rival is growing rapidly in what one observer compared to a Game of Thrones-style gauntlet run
by Jim Dalrymple II May 24
Mike DelPrete: Zillow and Redfin's AI tools aren't that big a deal — yet
In an interview with Intel, tech strategist Mike DelPrete laid out how artificial intelligence might change the industry — including real estate search portals — and why we're not quite there yet
by Daniel Houston May 24
Majority of buyers lean on agents, not banks, for financing info: Poll
A new survey conducted by Zillow suggests there are opportunities for real estate agents and companies that provide information and make lending more user friendly
by Jim Dalrymple II May 23