Tag Archives: zillow

The big iBuyers are getting brutalized in the stock market

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Shares in Opendoor, Offerpad and Redfin all hit all-time low prices Friday. The milestones come after months of declines for companies across the real estate space. Continue reading →

What our Peloton obsession has in common with the US housing boom

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Like the rise and fall of Peloton, which announced 500 layoffs Thursday, America’s geographic reshuffling has ended with high interest rates further squelching demand, Brad Inman writes. Continue reading →

Zillow iBuyer program officially ends as last homes leave the market

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A year after announcing it would abandon its iBuyer program, Zillow has offloaded the last of the homes it bought with Zillow Offers, marking the end of a major chapter in real estate history. Continue reading →

Zillow launches street-view home searching with Apple Maps

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Homebuyers can now get a street-view look at listings, thanks to Zillow’s newest integration with Apple Maps. Dubbed “Look Around,” the feature is available in 19 markets. Continue reading →

The other real estate company named Rex just laid off 4% of its staff

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The Texas-based firm does property management and provides a variety of tech platforms. The layoffs come amid widespread job losses in the real estate sector. Continue reading →

Court thwarts NAR, orders execs to turn over evidence in REX case

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The brokerage argued that Bob Goldberg and Katie Johnson, among others, were responsible for NAR policies “limiting both how homes are listed online and the negotiation of commissions.” Continue reading →

Homebuyers, lenders increasingly wise to flood risk: Zillow

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Mortgage applications were more likely to be denied by lenders or withdrawn by homebuyers in census tracts where a higher share of buildings was at risk of future flooding. Continue reading →

Mortgage is the new money pit for portals: Mike DelPrete

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Billions of dollars have been invested to disrupt the mortgage process — which is the path to profitability for many real estate tech companies. Continue reading →

‘Don’t wait until the plane crashes’: Lawyers offer grim antitrust update

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Chris Osborn, Mitch Skinner and Claude Szyfer offered an update on multiple industry antitrust lawsuits at the Council of Multiple Listing Services’ annual conference. Continue reading →

What will agents make of Zillow’s ShowingTime+? The Real Word

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Hosts Byron Lazine and Nicole White sit down to discuss Zillow’s launch of ShowingTime+, amphibious houses, Hurricane Ian and whether high schools start too early. Continue reading →