Zillow is acquiring a company called ShowingTime that offers a platform for scheduling physical home tours so people can go to see a home they’re interested at a time that’s most convenient. Zillow said it’s buying ShowingTime for $500 million, and will use the company’s technology to make it easier for people to request tours […]
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Zillow study illustrates home value disparity between races
January 8, 2021 by
Typical values for Black and Latinx-owned homes still lag behind overall U.S. home values, but the gap is narrowing. A new Zillow analysis shows homes owned by Black and Latinx households are worth 16.2% and 10.2% less, respectively, than the typical U.S. home. Homes owned by non-Hispanic white and Asian families, meanwhile, have typical values […]
Zillow predicts a stronger housing market in 2021
January 5, 2021 by
Zillow has said that it expects the for-sale housing market to gain even more strength in 2021 following an incredible run that came in the wake of the coronavirus pandemic. Zillow said in its 2021 housing predictions that demand is continuing to grow as we enter the new year, and that this will likely surge […]
Zillow forecasts strong housing demand for years to come
December 10, 2020 by
Real estate giant Zillow said in a report last week that it believes housing demand will remain strong for years to come as buyers try to make up for lost time caused by the impact of the Great Recession last decade. In its most recent analysis, Zillow said that low rates of household formation since […]
Zillow: Remote work could help more Blacks become homeowners
November 27, 2020 by
The rapid rise in pandemic-driven remote work could make homeownership more attainable for black renters compared to other renters, based on factors including income, the makeup of local industries, geography and more, a new Zillow analysis has found. Zillow research found that of the nearly 2 million U.S. renters that have able to take advantage […]
Zillow sees big revenue jump as pandemic boosts home sales
November 11, 2020 by
Shares in Zillow jumped more than 8% last week after the company reported third quarter earnings that blew past analysts estimates and offered better than expected fourth quarter guidance. More Americans are moving home due to record low mortgage rates and the pandemic-related trend towards remote work, and that has spurred an increase in sales […]
Zillow adds builder ratings and reviews to its platform
August 26, 2020 by
Zillow last week announced a new feature it’s adding to its platform called Builder Ratings and Reviews. The new information will be displayed on builder’s profiles, community pages and paid new construction listings on Zillow. The reviews will come from homeowners surveyed shortly after they move in to a new home, who will be asked […]
Renters are moving towards the suburbs, Zillow says
August 5, 2020 by
While the for-sale market has shaken off the early impact of the coronavirus pandemic and resumed its torrid pre-pandemic pace, rent growth hit the brakes this spring. Rent prices in urban areas have slowed more than those in suburban areas, new Zillow data shows, a possible signal that renters’ preferred location is tilting toward the […]
Zillow says homes are selling at their fastest pace for 2 years
July 6, 2020 by
Homes are selling faster now than any time since spring 2018, a new Zillow analysis shows. It means that potential buyers should be prepared to strike quickly, and sellers who have been on the fence through the onset of the coronavirus pandemic might now want to list. Though many sellers have taken a wait-and-see approach […]
Zillow sees more listings of high-end homes
May 20, 2020 by
New listings of high-end homes dropped the farthest and fastest when the coronavirus pandemic hit the U.S., while affordable listings were less affected, a new Zillow analysis shows. But as new listings have increased in recent weeks in response to strong buyer demand, more high-end homes are coming onto the market than any other type. […]
