The U.S. housing market continues to show signs of weakening, impacting Seattle real estate tech companies such as Zillow Group and Redfin. And the trend may continue. “We think that… Read More
Redfin will wind down its home-flipping program RedfinNow and lay off employees for the second time this year as it cuts expenses in response to a slowing housing market. The… Read More
Now that the dust has settled, we can ask how could the smart and savvy team at Zillow Group, armed with cutting-edge AI methods and mountains of data, lose half… Read More
Zillow Group says it is making good progress unloading homes it owns, announcing today that it has sold or is under contract to sell more than 50% of the homes… Read More
A proposed class action lawsuit alleges that Seattle-based Zillow Group concealed problems in its home-buying business from shareholders before abruptly shutting the unit down two weeks ago. The suit, filed… Read More
Just because a business process can be automated, doesn’t necessarily mean it should be automated. And maybe — just maybe — there are components of business that are not better… Read More
Zillow Group’s ambitious tech-fueled bid to shake up how people buy and sell homes is coming to a surprising end. The Seattle online real estate giant said today it will… Read More
A day ahead of its third quarter earnings report, Zillow Group’s stock took a hit on Wall Street as a new analyst report highlighted how many homes purchased by the… Read More
Opendoor, the online real estate giant that lets people directly buy and sell homes online, has acquired Seattle-based startup Pro.com and San Francisco-based Skylight. Terms of the deals were not… Read More
After taking a hit during the beginning of the pandemic, iBuying is ramping up with dozens of companies racing to streamline home offers online. Seattle giants Redfin and Zillow Group… Read More