Items Tagged with 'Zillow'

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Monday Morning Cup of Coffee: Zillow, Move legal battle gets more complicated

Case will resume April 25
There are two vitally important housing legal battles going on right now that you need to be paying attention to. One deals with the new housing regulator that rules the block, and the other deals with the two most popular names in online real estate, both game-changers for the industry. Also, it's finally tax day. Already filed? How were your homeowner tax breaks?
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Move wants $2 billion in damages from Zillow for alleged trade secret theft

Can this cripple or destroy Zillow and Trulia?
One of the most contentious fights in the history of real estate listings is about to go nuclear, thanks to a "staggering" claim of damages from Move in its trade secret theft lawsuit against Zillow. Now, for the first time, Move is acknowledging just how damaging the alleged theft was to the company. But there's more to the story than just a ginormous number.
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CFPB partners with Zillow to collect homebuyer information

Participants will be monetarily rewarded
The Consumer Financial Protection Bureau wants more information about the home buying process and it’s willing to pay for it. According to an email sent Tuesday to consumers, the CFPB is partnering Zillow to gather more information about consumers’ experiences buying and selling a home.
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Zillow: The American Dream of homeownership strongest in Millennials, non-white Americans

Homeownership starts 'as a dream'
The American Dream of homeownership is still very much alive. A new report from Zillow shows that The American Dream is really about opportunity, which means a lot of things to a lot of different people. "For young Americans and Americans of color, the opportunity to own a home is a big part of that dream,” said Zillow's chief economist.
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Zillow: Mortgage interest rates remain near 3-year low

Tick up slightly, but still remain low
Mortgage interest rates ticked up ever so slightly last week but still remained near a 3-year low, according to a new report from Zillow. And looking ahead, the likeliest path is for rates to remain roughly flat, given recent history.
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Google shuttering mortgage comparison tool

Will shut down entire Compare service in March
Exactly four months to the day after announcing that it was launching a mortgage comparison tool via its Compare service, multiple reports say Google is shutting down its entire Compare service in both the U.S. and the U.K. Google sent an email to its Compare partners on Monday stating that it will begin to "ramp down" its Compare service on Tuesday, and will terminate the service entirely as of March 23, 2016.
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Move/News Corp legal battle drags down Zillow Group earnings in 2015

Posts net loss of $91.1 million; sees traffic decline in 4th quarter
The Zillow Group family of websites, which includes Zillow and Trulia, announced its 2015 financial results on Thursday, with the company reporting a pro forma net loss of $91.1 million in 2015. According to Zillow, a large portion of the net loss was driven by the legal fees associated with Zillow’s legal battle with Move, which is now owned by News Corp, over claims of allegations of trade secret theft involving Errol Samuelson, who was once Move's chief strategy officer.
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