Zillow entered a new corner of real estate Wednesday, announcing a definitive agreement to buy ShowingTime for $500 million. The splashy buy further situates Zillow as more than a website with pictures of homes for sale, but a competitor to real estate brokerages. The Seattle-based company announced in September Zillow
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Zillow Group reported fourth quarter 2020 revenue of $789 million on Wednesday, easily beating Wall Street’s estimates. Despite what Zillow officials referred to as a “rough” first half of the year due to COVID-19’s impact on the economy, the $789 million represents a consolidated revenue growth of 22% from 2019.
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A new presidential administration and a clarion call from the Consumer Financial Protection Bureau has transformed fair servicing from a seemingly remote risk into a front and center mandate. After the 2008 financial crisis, regulators enhanced long-standing fair lending examination guidelines to incorporate the concept of fair servicing. They began
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Brian “Woody” White, Homebridge‘s chief diversity officer, will join other housing luminaries to discuss how lenders can increase their diversity strategy to impact minority homeownership at HousingWire’s Spring Summit on March 4. The homeownership gap between white and Black Americans is larger than in the 1960s, and both real estate and mortgage
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The Department of Justice on Tuesday withdrew HUD’s appeal of the case postponing the agency’s 2020 Disparate Impact Rule that would have made it harder to bring discrimination claims under the Fair Housing Act. By withdrawing the appeal, the preliminary injunction under the case Massachusetts Fair Housing Center v. HUD
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Luxury home sales in the U.S. soared 61% in the three months ending … The median home–sale price is above $500,000 in seven other metros.
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Should the last and highest bidder fail to comply with the other terms of the bid within thirty (30) days, then the Special Referee may re-sell the property …
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That meant the ones that went on the market sold quickly and for higher prices. On average, there were 31% fewer homes for sale in 2020. The market …
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It’s tempting to bypass a real estate agent and sell your home on your own, especially in a hot housing market. You could save thousands of dollars in …
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“Pending home sales contracts have dipped during recent months, but I would attribute that to having too few homes for sale,” said Lawrence Yun, NAR’s …
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It’s not unusual for a residential property to be marketed as a way to buy into a lifestyle: Live … It is rare, however, for a home to be promoted as “sexy.”.
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Sales activity — 370 closed transactions — that reflected the usual seasonal slowdown. Continued very tight inventories of homes for sale. “The current …
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