Redfin misses revenue expectations, citing housing market slowdown Seattle-based online real estate giant Redfin missed expectations for the second quarter amid a slowing housing market impacted by rising… Read More
Zillow Group stock falls 10% after company says it will stop buying additional homes this year Zillow Group announced Monday that it will not sign any new contracts to buy homes via its home-buying and selling… Read More
Opendoor acquires Seattle startup Pro.com and Skylight, will shut both platforms down Opendoor, the online real estate giant that lets people directly buy and sell homes online, has acquired Seattle-based startup Pro.com… Read More
These cities were the top markets for ‘iBuyers’ like Zillow and Redfin in 2019 The cities of Las Vegas, Phoenix, Raleigh-Durham, Charlotte and Atlanta all have one thing in common — they were the… Read More
These are the cities where Redfin and Zillow are directly buying and selling the most homes The so-called “iBuyer” movement is still young, but a new report sheds light on its growing impact on real estate.… Read More
Zillow 2.0 is here: Home sales outpace real estate giant’s traditional businesses for first time Well, that didn’t take long. Zillow Group’s home sales division now makes up the majority of the company’s business, just… Read More
Redfin takes ‘experiment’ tag off Redfin Now, making direct home sales a key part of its business Redfin Now, the company’s direct home buying and selling operation, is now a key piece of its long-term strategy. The… Read More
