Zillow is launching a new online program, Zillow Home Loans, that will offer mortgages directly to homebuyers — a move that will put the company into direct competition with some of the other third-party lenders already accessible on its website. Zillow Home Loans was created by rebranding and integrating Mortgage Lenders of America, a separate […]
A few years after being swallowed by Zillow, dotloop remains an innovator in real estate transaction management. Source: click here
Home prices are continuing to grow while, in some states, creating serious affordability issues, according to a new CoreLogic report released Tuesday. Nationwide, home prices grew 4 percent year over year and 0.7 percent month to month in February, according to the latest data. Even though growth is slower than it was during the same period last year, […]
Zillow founder and CEO Rich Barton said Monday that in the future the home valuation Zestimate tool will double as an offer from his company to buy any house in the U.S. Barton made the comments when asked by WBUR, a Boston-based National Public Radio member station, if offers from the company’s iBuyer program Zillow Offers, […]
New York City-based iBuyer Perch on Tuesday announced the completion of a $220 million Series B funding round with $20 million in equity funding and $200 million in debt financing. Long-time Perch investors FirstMark Capital, Accomplice, and Juxtapose led the funding round, bringing the company’s fundraising total to $230 million. In a rich iBuyer market […]
Low-income neighborhoods designated as Opportunity Zones by the Trump administration have seen a rapid surge in home sale prices, according to Zillow. Opportunity Zones are part of a contentious program passed by Congress through the Tax Cuts and Jobs Act of 2017 in an effort to encourage investment in low-income communities through tax breaks to developers. Investors […]
An antitrust lawsuit alleging Zillow Group conspired with certain real estate brokerages to hide Zillow’s home value estimates on certain listings is back. Source: click here
Call it a subtle but meaningful renovation: Zillow’s brand new logo, unveiled on Tuesday, April 2, is hardly a wild departure from its old one — but the real estate company did simplify and freshen up its brand. The revamped logo gets rid of the square on the left of the word “Zillow” and inverts […]
Mike DelPrete, a real estate tech adviser and strategist, has a new comprehensive iBuyer report out to help educate the real estate industry about the growing presence of the quick-close, all-cash investor-backed companies that have begun to percolate in markets across the country. Source: click here
In this weekly column, real estate agents across the nation share stories of the lessons they’ve learned during their time in the industry. This week, coach, trainer and Florida Realtors faculty member Angela Territo. Source: click here
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