DelPrete: Why real estate tech platforms can’t quit the agent

The last mile of lead generation, where an agent connects with a client, is what tech can’t recreate on its own, Mike DelPrete argues. Continue reading

Zillow is the latest lender to offer a 1% down purchase mortgage

UWM and Rocket Mortgage are also leveraging Fannie Mae and Freddie Mac programs tailored to borrowers earning less than 80 percent of the area median income. Continue reading

Share of first-time homebuyers hits highest level since 2010: Zillow

Unburdened by rate lock, the share of first-time homebuyers rose to 50 percent this year, according to a new report from Zillow. That’s the highest share since 2010. Continue reading

The internet fell hard for real estate in 2021. But can the love affair last?

Nearly three 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. Continue reading

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.” Continue reading

Zillow’s Listing Showcase is poised to change the seller equation

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. Continue reading

REX antitrust claims against NAR and Zillow dismissed with prejudice

The case is currently set for trial on Sept. 18, but the National Association of Realtors is no longer a defendant, according to a court order. Some claims against Zillow remain. Continue reading

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 exclusive Intel analysis of Q2 earnings data. Continue reading

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, two companies stood out for John Campbell, a managing director at analytics firm Stephens. Continue reading

Even amid high rates, buyers have more options than they realize

Loan officers and assistance programs are just 2 ways to close the knowledge gap, Zillow Senior Economist Orphe Divounguy and Rocket President Tim Birkmeier said Wednesday at Connect. Continue reading