A report from IFR. "The speed of the turnaround is remarkable given Zillow had raised over US$1bn in the securitisation market in the last three months. 'Everyone is trying to figure out what's going on. I want to know if…
A weekend topic starting with WFTS in Florida. "The current market has made it hard to predict how much a house would sell for, which is causing Zillow to lose money. The company currently owns at least 100 homes in…
A weekend topic starting with the Review Journal in Nevada. "After a prolonged hot streak in the housing market, at least one flipper is maxed out. Zillow announced it will not sign any new contracts to buy homes 'through the…
A report from Bloomberg. "Zillow’s iBuying business loses money, so stopping purchases should help its bottom line, analyst Ygal Arounian said in a note. 'This feels like they bought way too many homes and they’re trying to work off that…
A report from the Phoenix Business Journal in Arizona. "Some of the hottest areas of the Valley for recent land deals are in the northwest and southwest areas, along with the Mesa-Gilbert market and Pinal County, said Jim Daniel, president…
A report from the Austin Business Journal in Texas. "More evidence is rolling in that indicates the period of rapidly increasing monthly housing prices may be coming to an end. The Austin Board of Realtors' most recent market update, released…
A report from AZ Business Magazine. "August home sales dropped 3.5% from July’s total – and the Median Sale Price slipped 1.2% to $335,000. 'Although we appear to be past the blistering summer peak, the market is still very active,'…
A report from Greenville News in South Carolina. "Denise Franklin, president of the Greater Greenville Association of Realtors said the local housing market is starting to 'soften a little bit.' Some fear the ongoing real-estate boom may lead to another…
A report from the Coeur d' Alene Press in Idaho. "The wild real estate market ride in Kootenai County might be calming down. As of Sept. 9, there were over 1,200 local MLS listings. That's more than triple the number…
A report from Yahoo. "If you're looking to do major upgrades or are in the middle of one with a contractor, you might want to see if you can re-negotiate the cost of materials. Gregory Kyler, a Chicago-based licensed general…