Freed from iBuying, Zillow wants more from its mortgage arm in 2023

To outside analysts, it appears Zillow got out of iBuying just in time. Now the company is looking ahead to a post-downturn world. Here are the biggest challenges Zillow will face in 2023. Continue reading

Zillow deploys AI to improve online home search experience

Powered by an advanced natural language technology, homebuyers can enter longer, detail-rich requests, as they would on Google, to unearth more accurate inventory matches. Continue reading

Zillow’s Curt Beardsley: ‘Invest time and energy with companies that are going to be here next year’

Zillow, Keller Williams and Realtor.com shared their respective takes this week at Inman Connect New York on the trends expected to take hold in 2023. Continue reading

Compass went public 2 years ago. Can it recover from its stock slump?

Compass went public in April 2021, and ever since then the New York-based brokerage has weathered a market downturn and seen investors’ appetite for shares fall significantly. Continue reading

Rates may ease, but affordability tools will still be in demand

Zillow and UWM executives are optimistic mortgage rates will come back down but advised real estate agents at Inman Connect New York on Tuesday to get familiar with affordability tools like interest-rate buydowns. Continue reading

Mortgage rate swing created ‘more normal’ market in December

Slowing mortgage rate growth impacted homebuyers and sellers in different ways in December, according to Zillow’s latest market report. The dip was enough for buyers to navigate the winter market, but wasn’t enough for would-be sellers to list. Continue reading

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