Items Tagged with 'Zillow'

ARTICLES

  • HousingWire's Weekly Newscast #3

    We talk Zillow, Bank of America, and tech
    Episode #3 of HousingWire's weekly newscast features Editor-in-Chief Jacob Gaffney chats with HW reporter Kelsey Ramirez about Bank of America's earnings, Zillow's move into home buying and home selling. Plus, Managing Editor Sarah Wheeler reports live from MBA Tech.
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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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  • HUD proposes change to mission statement, housing groups push back

    Proposed change shortens mission statement to 23 words
    The Department of Housing and Urban Development is considering changing its mission statement, according to a leaked March 5 memo obtained by the Huffington Post. The proposed statement removes anti-discrimination language and replaces it with phrasing that aligns closely with Secretary Ben Carson’s push for self-sufficiency. Housing and civil rights groups have spoken out on the proposed change, saying it goes against fair housing rules.
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  • 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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