Judge orders Zillow to give REX FSBO listing data

Federal court in Seattle grants the discount brokerage’s motion to compel on the grounds that the data could show whether Zillow and NAR caused harm to REX or to competition in general. Continue reading

Gary Keller: Tech firms’ ancillary service strategy a ‘big lie’

During Inman Connect on Tuesday, Gary Keller discussed an array of topics with Inman founder Brad Inman. Keller said companies have to focus on “dollars in, expenses out” as they reach for profitability. Continue reading

Always a bridesmaid, rarely a bride, first-time buyers make big return

First-time homebuyers now make up 45 percent of all transactions, up from 37 percent of all buyers in 2021, returning to pre-pandemic levels, according to new data from Zillow released Thursday. Continue reading

Sink or swim, the fate of real estate’s mightiest CEOs will be revealed

Heads will roll and company valuations will sink so low that new outsiders will opportunistically make big acquisitions, Brad Inman writes. Real estate’s Masters of the Universe are on notice. Continue reading

It’s the end of an era as ‘father of the Zestimate’ retires from Zillow

Stan Humphries, most recently Zillow’s chief analytics officer, announced his retirement this month after 15 years with the portal. For better or worse, his work changed real estate forever. Continue reading

What do fast-cooling markets have in common? These 5 offer a hint

In some of the nation’s most quickly slowing housing markets, the number of new listings is twice the number of recent sales, according to an analysis by SmartAsset. Continue reading

The big iBuyers are getting brutalized in the stock market

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

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

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

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