Items Tagged with 'Zillow.com'

ARTICLES

  • [Pulse] Zillow execs swap seats in blatant bid to redeem investors' confidence

    Investors know they can count on Barton in turmoil
    Zillow Group announced less than two weeks ago the return of Rich Barton to replace Spencer Rascoff as CEO of the online real estate titan amid the company's audacious pivot into mortgage lending and real estate flipping. The move is a transparent plan to calm investor nerves as the company embarks on its next phase of growth.
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  • Zillow replaces CEO Spencer Rascoff with original CEO Rich Barton

    Rascoff steps down after leading company since 2010
    In what can only be categorized as a shocking development, Zillow Group announced Thursday that Spencer Rascoff is stepping down as the company’s CEO, a position he’s held since 2010. Rascoff, who helped found Zillow, took over as CEO in 2010 for Rich Barton, who served as the company’s first CEO and is also a co-founder. And Zillow isn’t looking too far to find Rascoff’s replacement, as the online real estate giant announced that Barton is returning to serve as CEO again.
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  • Here’s how much Zillow is paying to get into the mortgage business

    Company reveals cost of Mortgage Lenders of America acquisition
    Zillow’s stock tanked on Wednesday after the online real estate giant released softer-than-expected guidance about the company’s expectations for the near-term, but that wasn’t the only big piece of news that Zillow released. Zillow also disclosed, for the first time, exactly how much it is paying to get into the mortgage business.
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  • Zillow stock tanks

    Suffers worst day since going public
    Zillow’s stock dropped more today than it ever has in a day's trading following yesterday's release of the real estate giant's third quarter earnings report.
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  • The last domino: Zillow is getting into the mortgage business

    First homebuying, now lending
    The dramatic reshaping of Zillow’s place in the real estate ecosystem is about to take a giant step forward, as the online real estate behemoth announced Monday that it is getting into the mortgage business. To power its expansion into mortgages, Zillow is buying Mortgage Lenders of America.
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  • Zillow expanding direct homebuyer program to Atlanta

    Home sellers in Atlanta will soon be able to sell directly to Zillow
    Homeowners in Atlanta will soon have a new outlet when it comes time to sell their house – Zillow. Beginning in the fall of this year, Atlanta homeowners will be able to sell their home directly to Zillow, if they so choose. The move into Atlanta is an expansion of Zillow’s direct buying program, Zillow Offers, which the company launched earlier this year.
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  • Gamechanger: Zillow to begin buying and selling houses

    Follows lead of Redfin and other direct homebuyers
    Nearly one year ago, Zillow shook up the real estate industry when it announced that it was getting into the home selling business by launching “Zillow Instant Offers.” As it turns out, that was just the beginning. Zillow announced Thursday that it will begin buying homes and selling homes directly to and from homeowners.
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  • Zillow just had its best quarter ever

    Sees record profit and revenue in third quarter
    There seems to be something about the third quarter that’s good for Zillow's business. Last year’s third quarter saw the company post its biggest profit ever – and its first quarterly profit since the fourth quarter of 2013. Since then, it's been three straight quarters back in the red for Zillow. But now that the third quarter has come around again, Zillow is back in the black, with another record-breaking quarter.
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  • Zillow acquires New Home Feed, listing service for new homes

    Zillow says acquisition will improve quality of sites’ new home listings
    Zillow Group, seeking to improve the quality of its websites’ new home listings, acquired New Home Feed, a listing management system that allows homebuilders to input, manage and syndicate their listings across the web. Tony Small, group vice president of emerging marketplaces at Zillow Group, said that acquiring New Home Feed is a “natural extension” for Zillow.
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