Zillow Group stock surges to record $10.5B market cap

The forward momentum, which culminated Tuesday with afternoon trading at $57 a share, reflects growing investor interest in real estate technology, a renewed focus on small- and mid-cap businesses and Wall Street’s widening clarity on Zillow’s overall strategy, analysts said …

Realtor.com ‘proved the naysayers wrong,’ News Corp. CEO says

At a recent conference in Florida, News Corp. boss Robert Thomson talked up how acquisition has helped the company’s bottom line and offered his market perspective …

Morgan Stanley: Zillow ads increase prospects of double-sided transactions for real estate agents

A new Morgan Stanley study concludes that Zillow is enabling agents to increase the number of dual agency transactions through Zillow ads. “Zillow is enabling premier agent advertisers to increase the number of transactions within which they represent both the buyer and the seller, known as a dual agency transaction,” according to Morgan Stanley’s AlphaWise study published today …

Machine v. Realtor, making DoJ go away, and staying on the right side of the law

As I perused Trulia’s 2014 annual report (just posted on the SEC’s website this morning), I was struck by the staggering amount of data the online real estate giant generates and keeps track of. Trulia says it manages “over one terabyte of data on a da…

Lawsuit alleges mortgage securitization fueled discriminatory lending

ACLU: Morgan Stanley’s incentives to subprime loan originator violated fair lending laws read more