How Offerpad execs plan to pivot from seller’s to buyer’s market

Executives at the iBuying pioneer see tremendous opportunity if they can negotiate today’s challenging “in-between” phase where buyers and sellers are on the fence. Continue reading

Zillow’s ShowingTime+ releases Listing Media Services in 4 markets

ShowingTime+’s Listing Media Services empowers agents to find and schedule local real estate photographers, as well as select from a series of related digital media packages to enhance the listing’s appeal. Continue reading

This city will be the hottest market of 2023, Zillow predicts

Zillow named this North Carolina city as its hottest market of the year, continuing the trend of cities with relatively warm climates taking the top spot, following Tampa in 2022 and Austin in 2021. Continue reading

Compass faces first downturn amid pressure to cut costs

The brokerage has dominated the conversation for years in real estate but is now faced with the task of becoming profitable amid its first major market downturn. Continue reading

Anywhere lays off more workers, announces end of RealSure iBuyer

The company has slashed its workforce by 11 percent since last June, according to U.S. Securities and Exchange Commission filings. The moves come following months of housing market declines. Continue reading

The ‘Great Reshuffling’ didn’t come to a halt in 2022, new data shows

The number of moves slowed slightly from a record year in 2021 but remained at elevated levels nationwide, according to new data from the U.S. Census Bureau backed by internal metrics from U-Haul. Continue reading

Remote work will eventually make homebuying more affordable: Study

While remote work helped drive up housing prices during the pandemic, a new study from the Economic Innovation Group argues remote work may help housing affordability in the future. Continue reading

Redfin faces a steep battle as it claws its way toward profitability

Analysts said Redfin isn’t facing an existential moment but nonetheless experienced a uniquely rough period over the past year. These are the 5 biggest challenges Redfin will face in 2023. Continue reading

Side hires Zillow veteran Stephen Capezza to serve as president

Capezza joins Side during a period that has proven challenging for the broader real estate industry and “is the exact right person to help guide Side through the next phase of our growth,” the company said. Continue reading

The 2023 housing market: A real estate ‘reckoning is at hand’

Economists and other housing experts predict the market will be more balanced among buyers and sellers. Home prices won’t change much while mortgage interest rates will continue to dip. Continue reading