Tag Archives: zillow

Chris Heller: Brokerages and teams are playing chicken. Who will win?

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The chief real estate officer at OJO also believes teams will continue to get bigger, and that new agents will be willing to trade money for opportunity. Continue reading →

CoStar Group bucks sluggish market as revenue jumps 13% in Q1

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The company, which in recent years has been making inroads into the residential space, reported that both Homes.com and Apartments.com saw significant growth in the first quarter of 2023. Continue reading →

Buying a home is hard. For first-timers, it’s never been tougher

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Homes in the lower tier of pricing are still 8 percent more expensive than at this time last year — and inventory has barely budged, according to a new analysis released Thursday by Zillow. Continue reading →

Millennials and Gen Z have a plan for buying homes: Scratch and win

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A majority of those born between 1981 and 2013 believe they’d need to win the lottery to be able to afford a home in the U.S., according to a new study by Zillow. Continue reading →

Opendoor lays off 22% of its workforce in latest round of cuts

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In total, the company cut 560 positions, according to a statement Opendoor provided to Inman. The cuts, which were announced internally Tuesday morning, primarily focused on operations roles. Continue reading →

Tenants in jeopardy as rent hikes outpace value of rental vouchers

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No metro in the U.S. held enough vouchers to meet soaring demand, with Miami and other cities in Florida standing out for disparities between available vouchers and renters who need them. Continue reading →

As iBuyers struggle, agents rethink relationships with cash-offer kings

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IBuyers like Opendoor and Offerpad once appeared poised to be an essential player in the nation’s biggest housing markets. Now, real estate agents say their role has diminished dramatically. Continue reading →

Gen Z’s priorities lie with pets not partners in home searches: Survey

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Many Gen Zers would put their pets’ needs ahead of their children’s or partners’ needs if they were to buy a home, according to a survey from Zillow. Continue reading →

‘Survive till 2025’: New supply, low demand signal rental ‘sh#tstorm’

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Markets across the country are now facing a possibility of rent falling year over year amid a negative outlook for apartments and commercial real estate broadly, experts told Inman. Continue reading →