Items Tagged with 'Zillow'

ARTICLES

  • Value of U.S. housing market climbs to record $31.8 trillion

    Renters now spending at record high
    The total value of all homes in the U.S. increased in 2017 to a total $31.8 trillion, according to the latest report from Zillow. To put it in perspective, the total value of the housing market is 1.5 times greater than the gross domestic product of the U.S., and nearly three times that of China.
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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 introduces 3D technology app to real estate agents

    But Realtor says, “Not a game changer”
    Zillow plans to launch 3D Homes for houses listed for sale or for rent, allowing homebuyers to take an immersive tour. Its new app allows homeowners and real estate agents to capture the 3D images from their iPhone. However, one Realtor explained this new app is not a game changer, and many agents will opt out Zillow’s 3D Homes.
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  • Is major RESPA battle between Zillow and CFPB imminent?

    Company's stock hangs in the balance
    More than a month has gone by since Zillow last gave an update on the Consumer Financial Protection Bureau’s investigation into its practices. The silence is enough to cause at least one analyst to question the likelihood the two parties will be able to reach a settlement. And if no settlement is reached, the industry should ready itself for one of the biggest RESPA battles to date.
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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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  • Monday Morning Cup of Coffee: Zillow claims Zestimates now more accurate than ever

    Plus, the impact of Hurricane Harvey
    The real estate industry has long had its issues with the "Zestimate," the property value estimation tool that appears on every listing on Zillow. The difference between a property's Zestimate and the actual market price is often a source of contention. Well, Zillow claims it just made the Zestimate even better. Plus, the impact of Hurricane Harvey seems to be far worse than projected. All that, and more, in your Monday Morning Cup of Coffee.
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  • Century 21 Real Estate names former Zillow exec Nick Bailey as CEO, president

    Previously served as vice president of broker relations at Zillow
    Century 21 Real Estate has a new leader. The company announced Wednesday that it named Nick Bailey, a former executive at the Zillow Group, as the company’s new president and chief executive officer. Bailey joins Century 21 from Zillow, where he most recently served as vice president of broker relations.
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