Half of all states have at least one city where starter homes costs begin at $1 million, according to new data from Zillow (NASDAQ: Z, ZG). Today, a starter home – defined for this analysis as being among those in the lowest third of home values in a market – is worth...
eXp Realty, a subsidiary eXp World Holdings Inc. (NASDAQ: EXPI), has rolled out its open-sourced “Seller Advisory: Risks of Limited Market Exposure” form. Billed as the “first-of-its-kind resource,” the new form is being made available to every brokerage, portal, and...
Redfin (NASDAQ: RDFN) has followed the example set by Zillow (NASDAQ: Z, ZG) in prohibiting some private listings on its platform. Glenn Kelman, the company’s CEO, announced the policy shift in a blog posting where he declared, “Because we believe that all buyers...
Homes.com CEO Andy Florance has blasted the announcement by Zillow (NASDAQ: Z, ZG) that it would not list homes that are not listed on the MLS within 24 hours of public marketing. In a letter to real estate agents, Florance called Zillow’s action “an incredible move...
Zillow (NASDAQ: Z, ZG) has announced it is enacting the National Association of Realtors’ (NAR) Clear Cooperation Policy with “new standards for listing transparency” that bans private listings from its platform. According to the Seattle-headquartered company, the new...