Venture capital giants like Pylon’s embeddable mortgage offering

An $8.5 million seed funding round was led by Conversion Capital, with participation from Fifth Wall, Peter Thiel, QED Investors, Montage Ventures and Village Global. Continue reading

Opendoor faces ‘existential’ crisis as iBuying fights for survival

The company recently reported a nearly billion-dollar loss and has now dramatically rearranged its executive lineup as the cash-buying sector contends with a slowing market. Continue reading

How to use Zillow to start strong in 2023

Any licensed real estate agent can have an agent profile on Zillow for free. Your Zillow profile is your opportunity to introduce yourself to the more than 230 million monthly visitors who start their home search on Zillow. Continue reading

CoStar cuts 100 jobs amid Homes.com restructuring

The cuts are part of an effort to integrate Homes.com with Homesnap and come at the tail end of a year in which CoStar has moved aggressively into the residential real estate sector. Continue reading

Home tours plummeted by half this year in Western states

Nationwide, home showing activity in October was down 27 percent year over year. In the West, the drop-off was nearly twice as steep. Continue reading

‘Bet on the Midwest’: Zillow’s 2023 housing market predictions

The listings giant predicts a surge of interest in Midwest markets and a new crop of first-time landlords among other items. Continue reading

Proptech’s leader has been crashing on our couch this whole time

According to expert Drew Meyers, everyone’s talking about proptech without even a whiff of the defining company in the category in the conversation. In fact, the largest proptech company is rarely mentioned. Continue reading

NAR shuts down bid to end no-commingling rule, Zillow reveals

Zillow Senior Director of Broker Operations Matt Hendricks said the portal petitioned NAR to stop allowing MLSs to ban brokers from displaying MLS listings with non-MLS listings online. Continue reading

How much has rent risen? About an extra 6 hours of work per month

A new Zillow report finds renters making average wages need to work 63 hours to cover rent compared to two years ago, highlighting a widening gap between rent growth and wage growth. Continue reading

Billions in losses, a brutal market and more from Q3 earnings season

A slowing market is taking a toll on big real estate companies, though not every firm is suffering equally. A look back on the past three dramatic weeks of third-quarter wins, losses and draws. Continue reading