Zestimate to double as Zillow’s iBuying offer
Zillow is putting their money where their Zestimate is, at least to a point. The “Zestimate,” Zillow’s catchy (and soapy) name for estimated home values,…
Category: Zillow
Zillow’s role in CoStar’s failed RentPath buy
Fresh off the acquisitions of Homesnap, Emporis and Ten-X, real estate data behemoth CoStar Group beat Wall Street’s estimates in the fourth quarter. Just as…
Home prices soared 10.4% in December
December saw a double-digit annual increase for home prices across the country, according to the Case-Shiller Home Price Index from S&P Dow Jones Indices and CoreLogic. The nine U.S. Census regions…
Rocket Homes could be real estate’s sleeping giant
During breaks in nearly every televised basketball game, it’s there: Tracy Morgan imploring pensive homebuyers “pretty sure” is not enough, and that they can only…
Zillow’s 3D Home tours adds AI assistance
Zillow’s already-popular 3D home tour option has gotten an upgrade, now allowing potential homebuyers and renters the opportunity to view still photos and AI-generated floor…
Homebuilders preparing for big 2021, data suggests
Overall housing starts in January totaled 1.58 million units, a decline of 6% from December, according to the latest statistics from the U.S. Census Bureau.…
Zillow to buy ShowingTime for $500M
Zillow entered a new corner of real estate Wednesday, announcing a definitive agreement to buy ShowingTime for $500 million. The splashy buy further situates Zillow…
Zillow revenue grows 22% in 2020
Zillow Group reported fourth quarter 2020 earnings of $789 million on Wednesday, easily beating Wall Street’s estimates. Despite what Zillow officials referred to as a…