The increasing adoption of fintech has positioned Upstart for a bright future. Despite the pullback, Zillow continues to be a dependable investment. MongoDB has several growth avenues to explore. The U.S. stock market has had a choppy ride in early October. Investors are concerned about rising inflation and third-quarter corporate...
On Monday, digital real estate company Zillow announced that due to a backlog in renovations and operational capacity constraints, the Zillow Offers program will not sign any new, additional contracts to buy homes through the end of the year. Zillow Offers, Zillow's iBuyer program, was introduced in 2018 and now...
PHOENIX – Home prices in metro Phoenix are still going up and real estate experts are projecting an average of $517,000 next year. Online real estate marketplace Zillow says house hunters will face that half-million-plus hurdle by September 2022. The company says the typical price of homes in the Valley...
RESEARCH TRIANGLE PARK – The iBuyer Zillow Offers is pausing acquiring new homes in the Triangle and nationwide, the parent company Zillow Group announced Monday. Earlier this year, data showed that iBuyer acquisition activity was about five times higher in the Triangle than the nationwide average, in markets where iBuying occurred.
Analysts with Wedbush slashed their 12-month price target for Zillow Group by more than 40% following the company’s decision to temporarily pause purchasing new contracts to buy homes via its home-buying and selling service Zillow Offers for the rest of this year. Ygal Arounian and Chad Larkin of Wedbush said...
Within the past decade, more and more prospective buyers are willing to pay a premium for homes with photovoltaic (PV) panels. The energy cost savings associated with solar, as well as the growing interest in environmental sustainability, are among the reasons why. But the size of that premium—and potential energy...
If you’ve been thinking about adding a solar power system to your home, you aren’t alone. Some 3 million systems sit atop American roofs, including about 400,000 that were installed each year in 2019 and 2020, according to Becca Jones-Albertus, director of the Solar Energy Technologies Office at the U.S. Energy Department.
Mark McDonough Team - Sacramento Real Estate
NASHVILLE, Tenn. (WZTV) — Nashville home values and rent are both up again - and buyers better act fast because listings typically get scooped up in about five days. That's according to the latest report from Zillow, which says the average home in Music City is around $365,573, up 20.9% from last year and up 2.4% from August.
The grass isn’t always greener in other locales. After plummeting to almost non-existent increases during the height of the pandemic in 2020, rental bills have tripled across the nation this year. In 2021, U.S. rentals have spiked by 12.9% in a year-over-year comparison, Zillow reported Oct. 12. The average U.S....
Zillow Group Inc. risks losing share to rivals as the online real-estate company pauses its iBuying program, an analyst cautions.
Spiraling home values, soaring inflation and increased interest rates mean less buying power for all consumers. In other words, the house they can afford today may be out of reach tomorrow. Here’s what your clients need to know. Very few agents know how to explain the impact of soaring home...
The U.S. Zillow Home Value Index (ZHVI) reports another record pace of appreciation in September, but after a peak month in July, a heated housing market may be slowing down. The monthly appreciation rate for September rose 1.6% from August, but this growth comes after rates hit a peak of 2% in July, signaling more balance in the month ahead.
Historically low interest rates and more remote work have both been catalysts for a red-hot housing market. And despite cooling off recently, the average price of existing homes still sits 10% above last year, and available inventory is still down 13%, according to the National Association of Realtors. Given all these facts, why is Zillow Group (NASDAQ:ZG) (NASDAQ:Z) stock price down 55% from its all-time high?
Six years after they quietly added it to their real estate portfolio, Beyoncé and Jay-Z have listed their Garden District mansion. The three-story mansion, built in 1925 as a Presbyterian church, boasts seven bedrooms and eight bathrooms. The property is divided into a main residence and three 1000-square-foot apartments. It was remodeled to serve as both a private home and an event facility.
Housing market velocity slowed in line with typical seasonality as summer turned to fall, but it still remains strong, according to Zillow. While the inventory of for-sale homes trailed year-ago totals by 19.9% and 37.7% from Sept. 2019, it inched up 0.4% from August. It marks the fifth straight increase month-over-month and the first annual decrease below 20% since July 2020.
Today’s HousingWire Daily features a crossover episode with RealTrending, a podcast showcasing the brightest minds in real estate and the housing market. In this episode, Steve Murray, RealTrends advisor and industry stalwart, discusses the emergence of a new brokerage model and the validity behind the concerns against institutional investors. Additionally,...