Zillow and Redfin listing ban FAQ: What you need to know now

This week, Zillow Group and Redfin rocked the industry by banning listings that aren’t added to the multiple listing service (MLS) within 24 hours of being publicly marketed. The policies, which came two weeks after the National Association of Realtors… Continue reading

Jeff Bezos sells Seattle-area estate for recording-breaking $63M

The Amazon founder has sold his luxurious estate in Hunts Point, just outside of Seattle, for $63 million — setting a a new state record, the “Puget Sound Business Journal” reported Thursday. It’s the second time that this particular property has made… Continue reading

Windermere exec: Private listings herald ‘demise’ of real estate

Windermere Co-President OB Jacobi told Inman private listing networks benefit brokerages, not consumers, and said his firm isn’t jumping on the bandwagon. Continue reading

Buying vs. renting: The income gap is widening, Redfin says

The financial gap between owing and renting has grown significantly, making the dream of homeownership more distant, according to report released by Redfin Thursday. Continue reading

Estate Media brings on Chad Carroll and Dawn McKenna

With the collaboration, Carroll and McKenna will generate original content directed at other real estate professionals through the company’s industry-focused segment and homebuyers and sellers through the brand’s more consumer-focused arm. Continue reading

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