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  • Real Estate Agents Weigh In On Zillow’s ShowingTime+ Debut
    Luxury Real Estate

    Real Estate Agents Weigh In On Zillow’s ShowingTime+ Debut

    October 1, 2022 /

    Join market visionaries Pete Flint, Spencer Rascoff, Ryan Serhant and more at Inman Hook up New York, Jan. 24-26. Punch your ticket to the future by joining the smartest folks in serious estate at this have to-show up at function. Register right here. A new chapter in most likely the most polarizing story in authentic estate commenced before this week, when Zillow unveiled a new manufacturer that will involve some of the industry’s most beloved tools — and which was meant as anything of an olive department to brokers. The manufacturer, dubbed ShowingTime+, is the newest enhancement in Zillow’s ongoing tries to build a “housing super app.” As it is title implies, the brand name consists…

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    Jerry Schmidt Comments Off on Real Estate Agents Weigh In On Zillow’s ShowingTime+ Debut

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    Summit County’s luxury real estate market remains strong headed into 2022

    December 10, 2021
    Inside Tiger Woods ’s Luxe Real Estate Portfolio | Architectural Digest

    Inside Tiger Woods ’s Luxe Real Estate Portfolio | Architectural Digest

    August 28, 2022
    Russ Lyon Sotheby’s International Realty closes most expensive home in state history at $28.1M in Scottsdale | Real Estate

    Russ Lyon Sotheby’s International Realty closes most expensive home in state history at $28.1M in Scottsdale | Real Estate

    July 4, 2022
  • Real Estate News

    Zillow’s Shuttered Home-Flipping Business Lost $881 Million in 2021

    February 12, 2022 /

    Zillow Team Z 13.55{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} reported on Thursday that it misplaced $881 million on its algorithmic-pushed home-flipping enterprise previous calendar year in its very first earnings report considering that the actual-estate organization shut down that procedure in the drop. The full company, which involves Zillow’s lucrative dwelling-listing and advertising small business, posted a consolidated web loss of $528 million in 2021, typically due to the fact of its house-flipping business enterprise, Zillow Gives. The flipping outfit experienced been accountable for the the greater part of Zillow’s revenue in latest a long time but none of its income. The company stunned the current market in November by announcing it was closing Zillow…

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    Jerry Schmidt Comments Off on Zillow’s Shuttered Home-Flipping Business Lost $881 Million in 2021

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    Bill Gates Hit By Housing Market Swoon? Billionaire Reportedly Lists Daughter’s Apartment At Discount

    Bill Gates Hit By Housing Market Swoon? Billionaire Reportedly Lists Daughter’s Apartment At Discount

    December 26, 2022
    Median price of Wake County real estate soars to new high: $420,000

    Median price of Wake County real estate soars to new high: $420,000

    March 23, 2022
    Is it better to buy or rent now in Boston?

    Is it better to buy or rent now in Boston?

    May 28, 2022
  • Real Estate News

    Zillow’s home-buying debacle shows how hard it is to use AI to value real estate

    November 10, 2021 /

    The move, touted by a enterprise exec at the time as “an interesting advancement,” was intended to streamline the procedure for homeowners looking at providing to Zillow as aspect of its dwelling-flipping small business. Zillow promoted this choice as a way to make it handy to provide a dwelling while reducing interactions with many others all through the pandemic. Just eight months later, even so, the corporation is shutting down that organization, Zillow Delivers, entirely. The selection, introduced previous 7 days, marks a breathtaking defeat for Zillow. The authentic estate listing corporation took a $304 million stock publish-down in the 3rd quarter, which it blamed on getting not too long…

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    Jerry Schmidt Comments Off on Zillow’s home-buying debacle shows how hard it is to use AI to value real estate

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    Bad News Greets Residential Home Investors and Real Estate Agencies in the First Weeks of 2023

    Bad News Greets Residential Home Investors and Real Estate Agencies in the First Weeks of 2023

    January 8, 2023

    PAC spending in Seattle elections tops $3 million with late surge in real estate, business money

    October 29, 2021

    5 economists and real estate pros share predictions for the 2022 housing market

    February 8, 2022
  • Real Estate News

    The $300m flip flop: how real-estate site Zillow’s side hustle went badly wrong | Real estate

    November 7, 2021 /

    Online shopping can be dangerous, as the US home website Zillow has belatedly appear to understand. Even though quite a few of us wasted numerous several hours through the pandemic clicking by serious estate listings on Zillow and daydreaming about the type of pad we’d invest in if we had deep pockets, the business was jogging a facet-company, separate from its house looking web-site, in which it deployed algorithms to assistance it purchase properties on their own and then flip them. It did a lot of shopping for, but hasn’t been so terrific at the promoting. This 7 days the corporation introduced that its residence-shopping for division, Offers, had shed…

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    Jerry Schmidt Comments Off on The $300m flip flop: how real-estate site Zillow’s side hustle went badly wrong | Real estate

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    What is happening in this housing market?

    What is happening in this housing market?

    April 8, 2022
    These 210 housing markets are now vulnerable to 20{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}-25{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} home price declines, finds latest Moody’s downgrade

    These 210 housing markets are now vulnerable to 20{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}-25{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} home price declines, finds latest Moody’s downgrade

    September 26, 2022
    Real estate market on P.E.I. shows only slight signs of cooling

    Real estate market on P.E.I. shows only slight signs of cooling

    May 15, 2022

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