Items Tagged with 'Trulia'

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Realtor.com's traffic is growing but still dwarfed by Zillow

Zillow Group websites triple traffic of News Corp property
When News Corp acquired Move Inc., which operates Realtor.com for the National Association of Realtors, in November 2014, the worldwide conglomerate pledged to “turbocharge” Realtor.com. The impact of the News Corp acquisition is still being felt by Realtor.com, which continues to see growth in its web traffic, but the company still has a long way to go to catch the websites of the Zillow Group.
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Home sellers pricing the market too high?

Number of value reductions increases from last year
The number of homes with price reductions increased from last year. While this could show a softening in the market, it could also show that sellers are coming in too high. This especially true in Texas, which holds four of the top 10 metros with the greatest increase in number of reductions.
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Zillow posts biggest profit ever

Back in the black for first time since 4th quarter of 2013
Don’t look now, but Zillow Group just turned in its best quarter ever. The online real estate giant said Tuesday that it brought in record revenue in the third quarter. And even more than record revenue, Zillow revealed that it ended a nearly three-year run in the red. And even more than that, Zillow’s profit during the third quarter was its largest quarterly profit ever.
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Zillow partnering with Facebook to increase real estate agents' reach

Listing information can now be targeted to specific Facebook users
In a move that shows how much better companies are getting at reaching their desired audiences no matter where they are, Zillow announced a partnership this week with Facebook that will allow Realtors and real estate agents to target potential homebuyers directly on their Facebook feed.
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Trulia: Buying a home still cheaper than renting

Price to rent still outpaces rising home prices
Trulia’s new study shows that despite rising home prices, it is still cheaper to buy a home than to rent. While there’s talk about a rate hike this year, Trulia explains why potential homebuyers shouldn’t be concerned.
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Immigrants becoming most important group for housing?

Homeownership rate for immigrants outpacing that of native-born citizens
Immigrants are gaining on native-born citizens when it comes to homeownership rates. In one state the gap is less than 10%. While native-born citizens have the same homeownership rate as in 1994, the rate for immigrants’ has improved.
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Trulia: Homeowners dropping property insurance as prices rise

Southeast sees highest rates in the nation
The Southeast not only has some of the highest property insurance prices in the nation, but also contains fewer homeowners with property insurance. In the aftermath of Hurricane Matthew, it turns out that as many as 22% of homeowners were uninsured. There are, however, still relief options for homeowners in the disaster areas.
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