Breaking News
  • HUD Deputy Secretary Pam Patenaude resigns

    "It has been my honor to serve President Trump and Secretary Carson and I am deeply grateful to both for this opportunity," her resignation letter states. "I will continue to promote the President's agenda to make this nation stronger and more prosperous for every American." Click the headline for more.

Items Tagged with 'Zillow'

ARTICLES

  • Zillow to begin buying houses in California, North Carolina

    Expands direct buyer business to Riverside, California and Charlotte, North Carolina
    It seems to be all about expansion these days for Zillow. The online real estate giant recently got into the mortgage business with its acquisition of Mortgage Lenders of America. Zillow has also been growing its direct buyer business, Zillow Offers, wherein the company is buying houses directly from sellers then lists the home for sale. And the company will soon be buying houses in California and North Carolina.
    Read More
  • Zillow 2019 forecast: Rising mortgage rates will drive resurgence in rents

    Here's what rents will do in 2019
    Newly released data from the Mortgage Bankers Association shows that 30-year mortgage rates are now firmly above 5%, and according to real estate giant Zillow, things are likely to stay that way in 2019. And that's good news for landlords, who will see increased demand for rentals as some people are priced out of home buying by higher interest rates.
    Read More
  • Zillow's move into seller leads called "billion-dollar opportunity"

    Mike DelPrete breaks it down
    In an email to subscribers, independent analyst Mike DelPrete said Zillow’s strategic shift into iBuying and mortgage lending points to a much more profitable business line. “Zillow's iBuyer business continues to grow, and the latest results crystalize the opportunity in seller leads,” he writes in the email.
    Read More
  • 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.
    Read More
  • 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.
    Read More
  • Zillow is now officially in the mortgage business

    Is “Zillow Mortgage” coming soon?
    It’s official – one of the biggest names in real estate just joined the mortgage industry. Zillow announced Thursday that it completed its acquisition of Mortgage Lenders of America, marking its official first step into the mortgage industry. Could Zillow Mortgage be coming soon?
    Read More
  • New home sales fall, highlighting Southeastern storms' impact

    Sales of new single-family homes down 13.2% from last year
    New home sales declined in September, according to the latest report from the Census Bureau and the Department of Housing and Urban Development. Zillow Senior Economist Aaron Terrazas said today’s disappointing new home sales numbers can be attributed to September storms in the Southeast and increasing homebuilding costs.
    Read More
  • Zillow is now buying and selling homes in Denver

    Company utilizing Zillow Instant Offers to purchase homes in market
    Zillow flipped the real estate industry on its head when it announced plans to join the home selling business, launching “Zillow Instant Offers,” an instant gamechanger. Today the company announced in addition to serving Phoenix, Las Vegas and Atlanta markets, the platform will now be available in Denver.
    Read More