Good shopping conditions for buyers this spring: Economist

This week, Windermere Real Estate Principal Economist Jeff Tucker looks at active listings, inflation and mortgage rates, which spell out “a recipe for pretty good shopping conditions for buyers” this spring. Continue reading

Porch Group bolsters executive team as profits keep rolling in

Property insurance and home warranty provider announces four additions to its executive team to keep the momentum going after putting together two consecutive profitable quarters. Continue reading

Rocket: Redfin acquisition will cut consumer transaction costs by half

Rocket executives say that a whopping $20,000 in savings from unifying home search, buying, selling, mortgage, title and servicing could allay antitrust concerns and keep regulators at bay after the deal closes. Continue reading

Tomo Mortgage secures $20M in Series B funding round

Tomo Mortgage, an AI-powered digital mortgage lender, has secured $20 million in a Series B funding round, bringing its total investment to $130 million, company executives announced Tuesday. Continue reading

Zillow CFO shares $5B revenue goal at Morgan Stanley conference

The portal is on track to reach co-founder Rich Barton’s $5 billion revenue goal, Zillow CFO Jeremy Hofmann said Wednesday at Morgan Stanley’s Technology, Media & Telecom Conference. Continue reading

Want to get more for your sellers? List in late May

Despite a slow start to the year, Zillow’s latest report said May might be a potential goldmine for homesellers. Listings that go live during the last two weeks of May receive a premium of $5,600. Continue reading

Redfin on the upswing after Zillow deal despite widening Q4 losses

Redfin posted double-digit revenue growth for Q4 and FY 24 on Thursday. The company’s $100 million Zillow rental syndication deal has opened the door for greater advertising spend, CEO Glenn Kelman said. Continue reading

December home prices extend decade-long growth streak

U.S. home prices continued their climb in December, extending a long-running growth streak and reaching all-time highs, according to data released Tuesday by S&P Dow Jones and the Federal Housing Finance Agency (FHFA). The FHFA Housing Price Index… Continue reading

Black households led first-time homebuyer market in 2024

Despite a nationwide dip in first-time homeownership, Black buyers have bucked the trend in 2024, leading the market with 62 percent purchasing their first home, according to new data released by Zillow Thursday. This continues a growing trend, with Bl… Continue reading

This inventory data tells us what to expect in 2025: Economist

This week, Windermere Real Estate Principal Economist Jeff Tucker shares how inventory serves as a leading indicator for the 2025 market. Continue reading