Listing Inventory Takes Critical Hit

Listing inventory is taking a critical hit, with 9 percent fewer for-sale homes on the market now than one year ago, a slump not seen in four years, according to the May Zillow® Real Estate Market Reports. The Columbus, Ohio, San Jose, Calif., and Minneapolis, Minn., markets have seen the steepest declines, at around 30 […]

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Why Bob Goldberg, NAR’s new CEO, has some convincing to do

In the middle of the afternoon on Friday, June 23 — a curious time to be releasing such major news — NAR announced that it had chosen NAR Senior VP Bob Goldberg to be the next CEO, replacing the retiring Dale Stinton …

Zillow: Lack of for-sale inventory due in part by increased single-family rentals

According to Zillow’s May 2017 Market Report, part of the reason for the drop in for-sale inventory is the growing number of single-family rentals since the housing market crash …

Zillow wins bid to slash multimillion-dollar VHT photo copyright verdict

Looks like real estate giant Zillow Group may only be on the hook for half of a copyright infringement verdict awarded to real estate photography firm VHT earlier this year …

Instant Offers indigestion: The industry’s take on Zillow’s new service

The truth is, Instant Offers provides a window into what one next-generation real estate user experience is going to look like. Despite its label as an experiment, the program is headed down a road already paved by institutional investors and new start…

Instant Offers indigestion: The industry’s take on Zillow’s new service

It’s been difficult to ignore the collective freakout by real estate professionals over Zillow’s recent announcement on Instant Offers …

Report: Proximity to Family Drives Housing Decisions for Households With Children

Many upper-middle class households with young children are caught between an inability to afford childcare and an inability to sustain on one less income with a stay-at-home parent—a predicament that has a driving force on their housing decisions. According to the Zillow Housing Aspirations Report (ZHAR), many upper-middle class households choose to put down roots […]

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Living near these 2 stores boosts a home’s value

Organic food does your body good, but according to Zillow, it’ll do your home some good as well. As of 2016, 2.8 million homes are located near one of 375 Whole Foods or 451 Trader Joe’s locations, and those homes have appreciated at double the rate of homes in other areas …

Why real estate professionals shouldn’t worry about becoming obsolete

I have been reading about Zillow Instant Offers, and it never occurred to me to see it as an immediate threat to my business. Homebuyers and sellers have always had the option to buy or sell without the involvement of a real estate agent, but most call the agent anyway …

What percent of income are buyers spending on mortgages?

Buyers are spending 29.2 percent of their monthly income for median-priced homes, according to Zillow’s latest study on affordability in 35 of the nation’s largest markets …