Price reductions rose in June, with cities seeing biggest cuts: Zillow

Two-thirds of major American cities saw more property listings cut in price now than they did during the same period in 2017, according to Zillow.

Homes by the Millions ‘Missing’ Thanks to Underbuilding

With building halted in the recession and construction at insufficient levels since, there is a 6.3 million deficit in the housing stock, according to an analysis newly released by Zillow. From 2008 on, there have been 1.9 approved building permits (single-family) per 1,000 people—but, historically, the number has been 3.9. According to the analysis, if […]

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Permitting slowdown has cost the US 6.3M new homes

From 1985-2000 there were 3.9 single-family home permits issued annually per 1,000 residents, but that number has declined significantly in the past decade. Since 2008, there have been just 1.8 single-family home permits issued every year per 1,000 res…

Permitting slowdown has cost the US 6.3M new homes

From 1985-2000 there were 3.9 single-family home permits issued annually per 1,000 residents, but that number has declined significantly in the past decade. Since 2008, there have been just 1.8 single-family home permits issued every year per 1,000 res…

Homeowner Households Outpaced by Renters: Zillow

From the crest prior to the recession up through 2016, the country’s largest markets now have more renters, according to an analysis recently released by Zillow. In 2000, the rate of renters was 33 percent; from 2006 to 2016, the rate rose from 31 percent to 36 percent. More than half of the 50 largest […]

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The three doorways to real estate’s future

The disruption ahead is often positioned as something to fear, or worse, dismiss. But these changes are actually loaded with lucrative choices and map to the variety of professionals in the industry. They can be roughly divided into three models, or do…

A deeper look at Zillow Offers numbers

Zillow announced that it bought 19 homes during the second quarter for a total of 62. That’s an additional 43 homes purchased in five weeks — a good ramp up. Dig deeper into the numbers here.

The guide to finding the best brokerage for you

Strengths, weaknesses, culture and more from some of the industry’s best-known and most innovative brokerages, straight from Jeff Lobb, CEO of Sparktank Media.

What’s the deal with Zillow changing its Zestimates?

Although Zillow has previously said Zestimates never factor in list prices so they can remain independent estimates of value, there are, in fact, cases where information Zillow gains from the list price is used to tweak the Zestimate, according to the …

Why nobody should be surprised by Zillow’s latest moves

Rob Hahn responds to Zillow’s recent news: acquiring a mortgage lender, Zillow Offers, getting a brokerage license in Arizona and entering the rental space.