Rents rise in suburban and rural areas, remain flat in urban centers

Recent data from Zumper shows that suburban and rural rents grew 5 to 7 percent more than urban rents over the last year. However, some secondary cities that thrived during the pandemic are now starting to see rent declines Continue reading

America’s hottest neighborhoods: Oak Park in Sacramento, California

Oak Park is well located, filled with trendy shops and more affordable than many other amenity-rich neighborhoods in California. Continue reading

5 people to watch at Zillow as the company moves toward Zillow 2.0

The C-suite is full of names familiar to the industry, but there are other key cogs in the Zillow machine who get less recognition. Continue reading

The magic of Disney spurs surge in Orange County Airbnb bookings

Airbnb bookings in the area surrounding Disneyland saw a boost on March 9th when the company hinted it could reopen the resort soon. Then when they made the announcement official on March 17th, bookings soared 73 percent. Continue reading

How much are iBuyers paying for customer acquisition?

Over the past three years, the largest iBuyers — Opendoor, Zillow and Offerpad — have spent over $200 million advertising directly to consumers. That spend peaked in 2019 before slowing during the pandemic. Historically and today, Opendoor appears to b… Continue reading

New home sales hit 9-month low in February

February’s seasonally adjusted annual rate of 775,000 was down 18.2 percent from January’s revised rate of 948,000. Continue reading

Whatever happened to Trump Mortgage?

In the early 2000s, Trump made a short-lived foray into the world of residential and commercial lending. The housing bubble ultimately doomed the venture, and its legacy was a long-running lawsuit. Continue reading

America’s hottest neighborhoods: The North End in Boise, Idaho

The North End has hiking trails, coffee shops, a popular co-op and tree-lined streets. Those amenities have helped make it eminently livable and one of the hottest neighborhoods in the U.S. Continue reading

IBuyers are willing to lose billions to gain market share: DelPrete

With 2020 firmly behind us, the world’s two largest iBuyers have released their full financial results for the year. Here’s a direct financial comparison of iBuyers Zillow versus Opendoor and an individual look at the key points of difference from 2019… Continue reading