Zillow reappoints venture capitalist Bill Gurley to board

Gurley joins Zillow at a time when the portal giant is under pressure to evolve and deliver on its promise to create a housing super app. Continue reading

Real estate CEOs: Big changes from bombshell suits ‘improbable’

The bombshell verdict of Sitzer | Burnett rocked the real estate industry, but recent earnings reports suggest many of its most recognizable CEOs don’t anticipate major disruptions. Continue reading

The internet fell hard for real estate in 2021. But can the love affair last?

Nearly three years after Saturday Night Live declared “real estate is your sex now” in a popular Zillow parody, mind share around the industry is sagging, according to an Intel analysis of traffic data. Continue reading

Zillow sees losses rise in Q2 thanks to ‘tough’ market

The company lost $38 million between April and June, though it did see revenue tick up slightly. Zillow also described 2023 as “crucial,” in a newly published earnings report. Continue reading

Here’s how CoStar can beat Zillow and win the real estate portal wars

CoStar is already borrowing a page from other big insurgent companies including Nike, Apple and Pepsi. But whether it can surpass Zillow may depend on how much it spends, analysts told Intel. Continue reading

Zillow, Anywhere and Compass vanish from annual Fortune 500 list

The real estate giants’ omission from Fortune’s annual list of the biggest companies illustrates just how far industry players have fallen as a result of a housing contraction that began in 2022. Continue reading

Zillow and Opendoor expand partnership to 11 new markets

The former rivals are now jointly providing cash offers to consumers in a total of 16 markets, most of them spread out across the Sunbelt. Continue reading

Zillow appoints new CFO amid push to build ‘housing super app’

Jeremy Hofmann has played a key role in the super app push so far and also oversaw Zillow’s acquisition of ShowingTime, the company said. Continue reading

Zillow begins ‘critical’ year with mounting losses, falling Q1 revenue

Zillow brought in $469 million in revenue, according to an earnings call Wednesday, falling 13 percent from the $536 million it brought in a year earlier during a period that preceded the rate hikes and sluggish sales. Continue reading

REX gets OK to question Zillow CEO Rich Barton in antitrust suit

Judge Thomas Zilly denied Zillow’s motion for a protective order, saying CEO Rich Barton must complete three hours of questioning from REX’s counsel about the company’s “Project Bookshelf.” Continue reading