Items Tagged with 'Phoenix real estate'

ARTICLES

  • Zillow planning expansion of its home buying business in Southwest

    Establishes "Southwest Hub" for Zillow Offers in Phoenix
    It's been just over a year since Zillow expanded its business from simply facilitating the home sale to actually buying houses itself. Zillow has big plans for its home buying business, recently revealing that its current goal is to be able to buy 5,000 homes per month within as little as three years. To get there, Zillow will have to fortify and expand its home buying operations, and the online real estate giant took a step in that direction.
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  • Direct homebuyer Opendoor getting into mortgage business

    Piloting mortgage lending program in Phoenix
    Late last year, Opendoor, an online marketplace that buys homes directly from homeowners, announced that it raised $210 million to fund the company’s expansion beyond the two markets where it initially launched - Phoenix and Dallas-Fort Worth. At the time, the company said that it planned to expand to 10 new markets this year. As it turns out, that’s not the only way that Opendoor plans to expand; the company is also getting into the mortgage business.
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  • Fitch: Is there a housing bubble in these hot, hot markets?

    Texas is hotter than ever, but is it sustainable?
    Housing in the state of Texas was hotter in 2016 than it’s ever been before, but is real estate in the Lone Star state getting too hot? A new report from Fitch Ratings suggests that Texas is one of a few states where home prices are not only unsustainable, they’re overheating.
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