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. Continue reading

Zillow appoints new CFO amid push to build ‘housing super app’

Jeremy Hofmann has played a key role in the super app push so far and also oversaw Zillow’s acquisition of ShowingTime, the company said. Continue reading

5 key charts that illuminate real estate’s Q1 earnings season

Most publicly traded real estate companies continued to bleed money in the first chunk of 2023. These metrics help explain why investors aren’t panicking. Continue reading

Realtor.com chief brushes off major Q1 drop in traffic

David Doctorow attributed Realtor.com’s reduced traffic to a slower market and argued that his company’s sites have superior engagement than competitors. Continue reading

US debt default may mean tanking sales, huge mortgage costs

A debt default by the U.S. government is unlikely, but if it were to transpire, the cost of a mortgage could increase by 22 percent, pushing rates to a peak above 8 percent in September, according to Zillow. Continue reading

Real estate stocks are suddenly and finally on fire

Redfin, Opendoor and Compass have all seen their share prices rally in recent days — suggesting that after years of the cold shoulder investors are warming to the sector. Continue reading

The seller’s market is roaring back as buyers vie for limited inventory

A “drought” of new listings is driving up prices, reversing the sluggishness of late 2022 and forcing buyers to compete fiercely for homes, according to a new analysis from Zillow. Continue reading

Opendoor steers clear of epic 2022 losses in Q1, but revenue remains down

The iBuying giant saw revenue dip 39 percent year over year at the beginning of 2023, according to a Q1 earnings call Thursday. It also sold and bought fewer homes compared to the beginning of 2022. Continue reading