Redfin CEO says measured growth is key to his brokerage’s success

Glenn Kelman believes clear victors will emerge from the real estate tech arms race in the next couple years. Mergers and acquisitions are inevitable, he argues. That’s because real estate websites want to insert themselves into the transaction, while … Continue reading

Zillow’s Zestimate now uses photos when valuing homes

The update relies on AI neural networks that can judge things like finishes and curb appeal. Continue reading

We’re in a ‘homebody era’ and that means a housing shortage for years to come

In May 2019, the average tenure of homeowners in the U.S. — that is, the amount of time a typical homeowner lives in their home — rose 10 percent year-over-year to 11.3 years… Continue reading

Zillow’s mortgage ambitions ramp up with office opening

Zillow cut the ribbon on its Zillow Home Loans office today, in Overland Park, Kansas. The headquarters will serve as the main hub for its nascent mortgage program, which was launched in the wake of last year’s acquisition of the Overland Park-based Mo… Continue reading

Say hello to Property Portfolio

Every Tuesday, Property Portfolio brings readers a mix of the latest news and information on the growing investment property market, as well as the most important industry trends and new developments, the powerful new technologies and tools reshaping h… Continue reading

Zillow Offers listings grow, surpassing Offerpad, gaining on Opendoor

In a little more than a year, Zillow Offers has quickly expanded to 11 markets nationwide, and the number of homes it has listed for sale at any given time is rising rapidly, catching up to other major rival “iBuyers” and even exceeding them in some ca… Continue reading

Zillow CEO’s big bet on his company earns him $13M

Barton purchased 703,500 shares of Zillow Group stock between Nov. 16 and 20, 2018, according to Zillow’s SEC filings. The shares have skyrocketed in value. Continue reading

NAR’s VC arm invests in blockchain transaction startup

Second Century Ventures, the venture capital arm of the National Association of Realtors (NAR) is investing in blockchain transaction startup Propy, the company announced Monday. Continue reading