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The Latest Breaking News from Zillow

As interest rates spike, homebuyers turn to adjustable-rate mortgages

Home prices are falling fast in some of the most expensive real estate markets, such as California's Bay Area, but interest rates are on the rise — meaning that for many, the home of their dreams is now out of their price range.

Tribune News Service

Referral fees take a bite out of real estate agent commissions

When home buyers provide their contact information on real estate websites in order to reach an agent, it's worth more than they may realize.

Tribune News Service

Opendoor Falls Below $5 – Time to Pick up This iBuying Stock?

Opendoor Falls Below $5 – Time to Pick up This iBuying Stock?

iBuyer Opendoor (OPEN) recently announced a multi-year agreement with Zillow (Z). However, the stock has lost more than 10% over the past month, closing the last trading session below $5. So, is the penny stock worth buying now? Read on to find out….

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Feds file notice of plans to seize Florida condo of Baltimore State's Attorney Marilyn Mosby if she’s convicted in perjury, mortgage fraud case

BALTIMORE — Federal prosecutors said in court filings that the government plans to try to seize Baltimore State’s Attorney Marilyn Mosby’s Florida Gulf Coast vacation condo if she’s convicted of perjury and mortgage fraud.

Tribune News Service

Military families' housing benefits lag as rents explode

Housing has long been a major benefit for service members, a subsidy to salaries that trail the private sector

The Independent UK

Bay Area sees nation’s largest monthly drop in home values

As rising mortgage rates continue to cool the housing market across the U.S., the Bay Area in July saw the largest monthly drop in home values of anywhere in the country, according to a new report from home listing site Zillow.

Tribune News Service

Benzinga Before The Bell: Should Investors Worry About Tesla's China Sales, Gold Back In Focus, Nio Smartphone Could Soon Be A Reality Other Top Financial Stories Friday, August 5

CNBC International Airlines Prepare For Mayhem Of Summer Travel Season: Report

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Silo used to house Cold War nuclear missile up for sale as a 'doomsday bunker'

Silo used to house Cold War nuclear missile up for sale as a 'doomsday bunker'

Mike and Polly Figueroa, of BancWise Realty, listed the unique property which used to house a nuclear missile, in Nebraska, US, on Zillow for $550,000 (£470,000) earlier this month

Zillow lays off 55 employees in Texas as it shuts down its iBuying business

Zillow Group Inc. will lay off 55 employees in Texas as continues its exit from the home-flipping business.

Tribune News Service

Are Bay Area home sellers finally cutting asking prices? Here are some signs that’s so

Bay Area home buyers faced with skyrocketing real estate prices and mortgage costs that have more than doubled over the last year appear to be hitting their limit, pushing more home sellers to do what has become almost unthinkable in the region’s white-hot market: cut prices.

Tribune News Service

'Typical' home payments in metro Denver skyrocket to well over $3K a month

Some frustrated homebuyers may wish they could build a time machine and go back a year, even six months.

The Denver Post

Commentary: My South LA home is for sale on Zillow. But I’m not sure I’m ready to leave

My home — a little 1920s bungalow in South Los Angeles off Slauson Avenue — is for sale. In the mornings, I check my email and Zillow reminds me that something I cherish is being offered up to strangers.

Los Angeles Times

Redfin to lay off hundreds as housing market cools

The cooling housing market is catching up with Seattle's real estate tech companies.

Tribune News Service

Housing Beat: Mortgage Rates Up Again, Homes With High Fire Risks Sell For More

Housing Beat: Mortgage Rates Up Again, Homes With High Fire Risks Sell For More

This week in the housing market, mortgage rates resumed their upward movement, mortgage applications continued their downward movement and industry experts weighed in on the arrival of the next recession.

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Management of Technology Companies Continue Selling - Zillow (Z)

In a week where we saw most market indices rebound sharply, insiders scaled back their buying after three weeks of elevated buying. Buying declined by 64% in absolute dollar terms and 26% in terms of the number of companies that saw insider buying.

Bonkers 'Smurf House' with bizarre bright blue roof on sale for £3.5million

Dubbed the 'Smurf House', this huge seven-bed property in Michigan USA has an unusual bright blue roof which goes completely against the serene lakeside landscape

Tribune News Service

Suburbs far outpace urban areas in US home value growth

The urban real estate market has been running hot in the U.S. since last summer. But the suburbs have been even hotter, according to an analysis from Zillow Group Inc.

The crazy housing market is finally slowing

But rising mortgage rates will continue to put the squeeze on buyers.

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Why Real Estate Technology is the Next Big Growth Opportunity for Investors — PropTech

With growing economic uncertainty and no end in sight to skyrocketing inflation, investors are frantically looking for stable investment opportunities that can hedge against inflation.

Tribune News Service

Not enough houses: a look at why South Florida is suffering from a severe lack of inventory

A severe shortage of housing has plagued South Florida home buyers, helping fuel the insane real estate market.

The Independent UK

Black Lives Matter apologizes after $6M California mansion purchase

‘We apologize for the distress this has caused to our supporters and those who work in service of Black liberation daily,’ BLM says

Stunning fairytale castle which looks straight out Disney film now worth £45million

Dad Chris Mark decided to build the incredible castle nearly 20 years ago for his young daughters but now they are all grown up he is cashing in - but still plans to build another one!

Tribune News Service

Home values shot up by $72,000 on average in South Florida, dwarfing what many workers make in a year

Homeowners saw their homes make more money than the typical salary in Florida, a new report from Zillow shows.

Looking At Zillow Gr's Recent Whale Trades

A whale with a lot of money to spend has taken a noticeably bearish stance on Zillow Gr. Looking at options history for Zillow Gr (NASDAQ:Z) we detected 60 strange trades.

Can You Guess Which Is The Most Expensive Housing Market In The US?

A record 146 more cities saw their typical home values rise to at least $1 million during 2021, according to new data from Zillow Group Inc. (NASDAQ:Z, ZG).

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