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Zillow Sues Two MLSs for Blocking Use of ShowingTime Tool

Zillow Sues Two MLSs for Blocking Use of ShowingTime Tool

by Phil Hall | Dec 28, 2023 | Current News & Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Zillow Group (NASDAQ:Z, ZG) and its ShowingTime subsidiary have filed a lawsuit against the Arizona Regional Multiple Listing Service (ARMLS) and Wisconsin’s Metro Multiple Listing Service (Metro MLS), claiming they are engaging in anticompetitive practices designed...
Rental Housing Properties Seek to Attract Tenants with Increased Concessions

Rental Housing Properties Seek to Attract Tenants with Increased Concessions

by Phil Hall | Nov 20, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Concessions for prospective tenants in rental housing are at their highest level in more than two years, according to data from Zillow Group (NASDAQ:Z, ZG). In an analysis of Zillow-advertised rental listings in October, roughly 30% included some sort of concessions....
Younger Buyers Expressing Greater Interest in ‘House Hacking’

Younger Buyers Expressing Greater Interest in ‘House Hacking’

by Phil Hall | Nov 16, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

There is a growing trend among younger homebuyers – the pursuit of a property that enables them to engage in “house hacking,” a new phrase for renting out part or all of the residence for extra cash. According to a new survey by Zillow Group (NASDAQ:Z, ZG), most...
Zillow Group Acquires Follow Up Boss CRM System

Zillow Group Acquires Follow Up Boss CRM System

by Phil Hall | Nov 1, 2023 | Current News & Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

Zillow Group (NASDAQ:ZG) has acquired Follow Up Boss, a customer relationship management (CRM) system for real estate professionals. The acquisition purchase price includes $400 million of initial cash consideration and up to $100 million in a potential cash earnout....
2024 Homebuying Trends: Pickleball Courts Are In, Tuscan Kitchens Are Out

2024 Homebuying Trends: Pickleball Courts Are In, Tuscan Kitchens Are Out

by Phil Hall | Oct 17, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The homebuyers of 2024 are more interested in acquiring residential properties with sensory gardens and pickleball courts but not Tuscan kitchens, according to a new forecast from Zillow Group (NASDAQ:Z, ZG). In a data analysis of nearly 300 home features and design...
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