Items Tagged with 'Zillow'

ARTICLES

  • Experts: New housing construction shortage expected to last until 2022

    New home starts have yet to hit historical highs
    The rate at which new housing in being built in this country has not recovered since the housing crisis, and it looks like that trend may be sticking around for a while. New housing start rates are expected to remain below historical averages through 2022, or later, according to new research from Zillow.
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  • Zillow: Here's why home prices are rising faster in large cities than in small towns

    Hint, it's about jobs
    While the U.S. continues to see the longest recorded economic expansion in its history, the expansion has not been universal. According to a new analysis from Zillow, in the decade since the Great Recession, job growth has been "disproportionately concentrated" in the largest U.S. job centers, and home values in these markets have risen accordingly.
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  • Opendoor leads the iBuying race, but Zillow is catching up

    Opendoor bought almost 10,000 homes in 2019’s first seven months
    So far this year, Opendoor is winning the iBuying race, as companies scramble to perfect the “instant buyer” business model. But, Zillow is on its heels. Opendoor purchased almost 10,000 homes in the January through July period, around three times the volume of Zillow, according to a report by Mike DelPrete, a real estate tech strategist.
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  • Nick Bailey returns to RE/MAX as chief customer officer

    Bailey was previously with the company for nearly a decade
    Real estate industry vet Nick Bailey will be returning to RE/MAX as the chief customer officer, a newly created position. Before coming back to RE/MAX, Bailey was the president and CEO of Century 21 Real Estate. Bailey stepped down from that position earlier this year.
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  • Zillow expands its coverage in Canada

    More brokerages and franchisors are partnering, eh!
    Zillow was founded in the U.S. in 2006, and began expanding into Canada just last summer. And now, Zillow is partnering with more than 250 Canadian brokerages and franchisors to expand the Canadian real estate listings on its site.
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  • Zillow begins buying and selling houses in South Florida

    Zillow Offers now available in Miami and Ft. Lauderdale
    Zillow is expanding its direct buying program again, announcing Monday that it is now buying and selling houses in the South Florida area. Starting Monday, Zillow Offers is going to be live in Miami, Ft. Lauderdale, and the surrounding area, the company announced. 
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  • Eisman, famed for shorting subprime, explains why he’s betting against Zillow

    Zillow investors “don’t have a clue,” Eisman tells CNBC
    Steve Eisman, the Neuberger Berman portfolio manager who famously profited during the 2008 collapse of the subprime mortgage market, criticized Zillow’s business model in a CNBC interview. Eisman disclosed he’s shorting the stock, which means he makes money if the share price declines. "Zillow has one of the most flawed business models I’ve seen in a very, very long time," Eisman said.
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  • Zillow Offers to buy and sell homes in 4 more cities

    Zilliow's iBuyer service is now available in 15 markets
    Zillow Offers managed to contribute 40% to its parent company's profits in the second quarter of the year, leaving Zillow execs excited about the "incredibly impressive" demand for its iBuyer service. In the hopes of realizing this potential, Zillow Offers is on a mission to expand, announcing recently that it's now available in four new cities.
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