Top markets for affordable renovated housing inventory

Despite the rapidly deteriorating affordability, there is some hope for homebuyers in the form of renovated homes: properties that have been rehabbed into move-in ready condition after being purchased at auction.

HousingWire Magazine: December 2021/ January 2022

AS WE ENTER A NEW YEAR, let’s look at some of the events that we can look forward to in 2022. But what about what’s next for the housing industry?

Back to the Future of Mortgage Lending

This webinar will be a discussion on understanding what’s to come in the future of mortgage lending by analyzing past trends in the industry, evolving consumer behaviors and demographics of the industry’s production capacity.

Logan Mohtashami on Omicron and pending home sales

In this episode of HousingWire Daily, Logan Mohtashami discusses how the new COVID variant, Omicron, will impact inflation and whether or not it will send mortgage rates lower.

Real Estate

Zillow launching RealEstate.com, new site focused on Millennials

New website set to launch in May

Zillow Group, an online real estate company, is set to launch its latest real estate website: RealEstate.com.

The website will launch in May 2017 and will offer a new search experience that’s designed to reach Millennial homebuyers.

The website will draw its listings directly from multiple listings services, real estate brokerages and franchisors. Real estate agents will receive the same services they currently have on Zillow and Trulia.

Zillow conducted a study showing 70% of Millennials report using a real estate agent, find their real estate agent online and evaluate agents using online reviews.

“We’ve spent a great deal of time thinking about millennials, how they approach real estate and the experience they expect during the search process,” Zillow Chief Marketing Officer Jeremy Wacksman said. “We know from our own research they are driving the housing market as half of homebuyers in the U.S. are under 36 years old.”

“This represents a huge opportunity for agents to connect with this growing audience of buyers,” Wacksman said. “RealEstate.com is designed with the millennial shopper in mind and will provide another way for them to connect with an agent.”

Zillow will announce more details when it launches its site in May. The new URL was acquired as part of Zillow’s acquisition of Trulia. The domain name currently redirects to Trulia.com, but will be redirected to its own website in May.  

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