Zillow Group found its replacement for its departing chief financial officer from within its own ranks. Zillow announced Monday that it is promoting Kathleen Phillips, who oversaw the entire Trulia acquisition, from chief operating officer to chief financial officer.
A co-owner of a real estate firm based in Irvine and Long Beach set up a Ponzi scheme to pay off old investors while continuing to recruit new ones for a plan to flip distressed apartment buildings. It's almost like they looked at the Social Security business plan.
Continuing in its plan to be the dominant player in the world of online real estate, Move Inc., which operates Realtor.com for the National Association of Realtors, announced a series of new senior executive additions designed to take on Zillow and Trulia.
Whether to buy or sell may not be clear following recent housing indicators, which offered contradictory points of view. But Jonathan Smoke, chief economist at realtor.com, says the residential real estate market continued to show strong signs of health in July. Here are 20 markets that are sizzling with demand.
New York City Mayor Bill de Blasio has officially unveiled his new home-affordability plan after first mentioning it during his 2013 mayoral campaign. Is this a game changer for one of America’s most unaffordable cities?
The indicators of a healthy market are all present: a steadily growing economy, low rates, loosening credit availability and a high labor participation rate. As a result, two things will matter: getting the business to you and not your competitors, and executing on the promises made to those prospects in an environment riddled with regulation.
Construction spending during June 2015 was estimated at a seasonally adjusted annual rate of $1,064.6 billion, 0.1% above the revised May estimate of $1,063.5 billion. Want to know how it breaks out for housing?
Mere stats don't tell the real story of these outstanding leaders. They represent the whole spectrum of the housing economy, from real estate agents to originators to nonprofits. They lead companies, mentor others and give back to their communities. Read on to find out how each one is inspiring..
HousingWire covered the introduction of Costco into the mortgage lending space and it made the industry nervous. Lenders openly asked each other at conferences, “Who will be next? Google, Apple?” Well, that never happened. Here's the story why, in long-form feature. Read More
From both an operational and regulatory standpoint, the industry continues to progress as new technological advancements are made and new regulations and policies are implemented. While it is important to change with the times, it is equally important to define and maintain the very essence of your company’s own core vision and values, so that you can succeed regardless of the inevitable changes the industry will undergo. Read More