|Bid||49.13 x 800|
|Ask||49.14 x 1000|
|Day's Range||49.02 - 50.74|
|52 Week Range||26.38 - 63.86|
|Beta (3Y Monthly)||0.28|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||41.00|
PORTLAND, Ore., July 15, 2019 /PRNewswire/ -- Starting today, home sellers in the Portland, Oregon metro -- including Vancouver, Wash. -- can use Zillow Offers to request a cash offer from Zillow to buy their home. Portland is the twelfth market where Zillow now directly buys homes - giving homeowners a new way to sell their homes that is convenient, transparent and gives them more control over the entire real estate transaction. "Sellers across the country have shown that they are looking for an easier, less stressful way to sell their home," said Zillow Brand President Jeremy Wacksman.
A new partnership between a traditional real estate brokerage and a new tech-enabled disruptor points to a real estate market in the middle of immense flux, trying to offer all things to all consumers.
On Thursday, Redfin announced a partnership with Opendoor, allowing home sellers in Phoenix and Atlanta to request an Opendoor iBuyer offer directly through Redfin’s website, where homeowners can request an instant offer as part of their home sale process, Arounian said. “The partnership will begin in Phoenix and Atlanta initially, where it is already live, and likely expand to more markets if successful,” the analyst wrote in the note. “Redfin will also market Openhdoor’s homes on Redfin.com which should help increase the amount of inventory and traffic coming to the site,” he said.
Down payments remain the biggest barrier to homeownership, particularly for first-time buyers - The typical mortgage payment is affordable with a high school education in 36 of the 50 largest metro areas ...
Algorithmic software is revolutionizing the U.S. real estate market, but skeptics fear it could lead to another crash.
The rental market is heating up nationwide, and markets in the Southwest and Southeast have seen the largest price increases. - The U.S. median rent is $1,545 a month, up 3.2 percent from a year ago. - ...
Home affordability in the Dallas-Fort Worth market has plunged as prices have soared over the last decade, leaving many would-be buyers paying rent when they’d rather be chipping away at a mortgage. Despite the run-up in prices, though, homes in North Texas are more attainable for buyers than they are on the East and West coasts, and home sellers in DFW can sleep easier knowing prices are unlikely to suffer a steep drop.
All the long-promised changes in residential real estate are finally upon us, says one analyst in a recent note, changing his outlook on the stocks under his coverage.
The Zestimate revolutionized real estate when it launched in 2006, using facts from public records to estimate a home's value. The Zestimate also now uses real-time data from for-sale homes, including list price and how long a home has been on the market. Today's launch incorporates winning ideas from Zillow Prize®, a two-year, $1 million data science competition.
Zillow launched Zillow Offers more than a year ago, providing a service to buy and sell homes for those who don't want to go through the process alone.
The features and usability of the big three real estate websites (Zillow, Realtor.com and Redfin) for researching, buying or selling a home vary.
Zillow lets property seekers look at listings for free, but relies on ad sales to agents and others to make money. It is also betting on home flipping to bring in additional revenue.
Nextdoor is known as an online hangout where neighbors can chat or squabble, but the company sees real estate as part of its long-term strategy.
Home value appreciation is slowing, but low mortgage rates and accelerating rents could add more buyers to the market -- The typical U.S. home is worth $226,800 , down 0.1% month-over-month. -- Home values ...
ZIP code-based social network Nextdoor hopes its new real estate product puts the company on a path to profitability.
Why Phoenix is the "petri dish" for U.S. housing experiments. Yahoo Finance's Zack Guzman & Heidi Chung, along with Payne Capital Management senior Weath Adviser Michelle McKinnon discuss with Zillow Offers Program President Jeremy Wacksman.