IBuyers are paying above market — and reselling for more: Mike DelPrete
Home prices are record high, and iBuyers are paying above market values for the houses they buy, but they're also reselling them for more than ever before
by Mike DelPrete Aug 11
DOJ intervenes in REX antitrust suit against NAR and Zillow
The federal agency says NAR can't use a 2008 consent decree to shield itself from investigation of its rules
by Andrea V. Brambila Aug 10
Zillow rakes in $1.3B revenue in second quarter, but sees profits slip
The company's net income between April and June clocked in at $10 million — better than one year ago but short of the heights of the past two quarters
by Jim Dalrymple II Aug 5
Inman Review: About Time Tours puts the mobile in managing homebuyer tours
Opinion
About Time Tours is a mobile app for Android and iPhone that helps real estate agents manage home property tours and buyer interest
by Craig C. Rowe Jul 30
Dallas 'mansion' with no bedrooms, windows mocked on social media
While the house appears to be a typical mansion, the inside drew attention on social media for its bunker-like layout: 'That's where they brought Jason Bourne during his flashbacks'
IBuyer offers are clocking in at an average of 104% of market value
Amid a highly competitive market in the first half of 2021, iBuyers began making more competitive offers while expanding the range of homes they were willing to purchase
by Jim Dalrymple II Jul 29
Huge number of homeowners willing to consider an iBuyer: Poll
82% of homeowners in 1000watt survey said they either were more likely to trust information from Zillow than from a real estate agent or to trust them about the same
by Andrea V. Brambila Jul 28
Home price growth sets new record, continuing 12-month streak
Home prices rose 16.6% in May, according to Case-Shiller US National Home Price Index
3D tour giant Matterport makes its stock market debut
The company will begin selling shares via a SPAC merger at a moment when interest in 3D tours is surging — and when more competitors are inching onto Matterport's turf
by Jim Dalrymple II Jul 23
Median existing-home price sails to record high
The median existing-home sales price rose 23.4% year over year, propelling the median price to $363,300, the highest on record, according to the National Association of Realtors
Toronto iBuyer raises $44M with help from Spencer Rascoff, Eric Wu
Properly is a tech-based real estate brokerage in Canada with a model similar to US iBuyers like Opendoor and Zillow Offers
by Libertina Brandt Jul 21
Zillow, NAR formed 'group boycott' to enforce commission rule: REX
REX alleges that the National Association of Realtors and Zillow use NAR's segregation rule to hinder competitors who don't comply with NAR's commission rule
by Andrea V. Brambila Jul 21
Tennessee mansion comes with a hidden 'Game of Thrones' theater
'Top notch sound-proofing, theater system and Game of Thrones design will make you feel like you just stepped into Universal Studios,' reads the listing description
Color me bad: The wrong shade of paint can cost sellers big bucks
Homebuyers have always tended to favor neutral tones in shared spaces, but some colors stand above the rest, Zillow found in a new survey
by Daniel Houston Jul 20
A statue playing a trumpet
New pop-up informs renters that it's illegal to discriminate by legal source of income in New York and New Jersey
by Andrea V. Brambila Jul 19