Zillow says it’s making good progress on home sales as it exits house-flipping business, announces $750M stock repurchase Zillow Group says it is making good progress unloading homes it owns, announcing today that it has sold or is… Read More
Zillow to shutter home buying business and lay off 2,000 employees as its big real estate bet falters Zillow Group’s ambitious tech-fueled bid to shake up how people buy and sell homes is coming to a surprising end.… 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
Zillow cuts 80 Zillow Offers jobs, adjusting its approach in field offices as it eyes expansion Zillow has cut about 80 positions from its Zillow Offers homebuying and selling operation, streamlining its management structure in some… Read More
Redfin and Zillow resume home-buying businesses in scattered markets, citing real estate rebound Seattle-based real restate company Redfin is resuming its RedfinNow home-buying business in four additional markets, the company announced Friday, continuing… Read More
Zillow suspends home buying efforts through Zillow Offers amid real estate uncertainty Zillow Group announced Monday that it will temporarily pause home buying through its Zillow Offers business in response to stay-at-home… Read More
Zillow’s home-buying business produced $1.37B in revenue last year but is still unprofitable Almost exactly a year ago, Zillow Group embarked on a fundamental re-imagination of the company shifting from real estate media… Read More
Zillow Offers comes to Los Angeles, the largest city yet for real estate giant’s home sales division Zillow Offers debuted in Los Angeles and neighboring Orange County today, the second largest housing market in the nation and… Read More
Zillow Group’s big bet on home sales boosts company-wide revenue 84% to $600M in Q2 Zillow Group is roughly six months into its plan to focus primarily on buying and selling homes, and so far… Read More
Rapidly growing Zillow Offers direct home sales program opens in 15th market, with more to come Zillow Group is betting its future on directly buying and selling homes, and it is rapidly expanding the service across… Read More
Zillow Offers expands to Portland, its first Pacific Northwest market for direct home sales Zillow Group is set to start buying houses in the Pacific Northwest for the first time. Zillow Offers, the service… Read More
Zillow Group launches Home Loans business, tweaks website as pivot to home sales continues Zillow Group today launched a Home Loans division, establishing another pillar of the company’s new identity of directly buying and… Read More
Zillow as mortgage lender: Real estate giant going ‘further down the funnel’ of buying a house Thousands of would-be home buyers looking for a mortgage will soon have a new option: Zillow Group. The Seattle-based online… Read More
‘Zillow 2.0:’ Real estate giant embarks on fundamental shift, projecting home sales operation will become a $20B business RELATED: Zillow Group CEO Spencer Rascoff steps down as co-founder Rich Barton takes over at online real estate giant Zillow Group… Read More
Zillow Offers direct home-buying operation expanding to more markets in 2019 Zillow Offers will go live in at least eight more cities in 2019, including five just announced today. Zillow said… Read More
Housing cooldown poses ‘1st serious test’ for new Redfin and Zillow direct home-buying programs Redfin and Zillow will face the “first serious test” of their new direct home sales operations in the midst of… Read More
How will the cooling housing market affect Zillow and Redfin’s new direct home sale programs? When Seattle-based online real estate giants Zillow Group and Redfin jumped into directly buying and selling homes to the consumer,… 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
Zillow expands home buying and selling operation to Denver, marking first foray into an expensive market Zillow Group is expanding its Zillow Offers home buying and selling program to Denver, its fourth market overall, but the… Read More
Zillow expanding home buying and selling program to Atlanta, its 3rd market so far Starting this fall, homeowners in Atlanta will be able to request an offer from Seattle real estate giant Zillow Group… Read More
