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Zillow: Housing Deficit Could Shrink 6% if Homes Were Built on its Empty Lot Listings

Zillow: Housing Deficit Could Shrink 6% if Homes Were Built on its Empty Lot Listings

by Phil Hall | Jul 21, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data report by Zillow (NASDAQ: Z, ZG) found more than 300,000 empty lots measuring 5 acres or smaller were listed for sale on its platform in June, which accounted for 17.4% of all listings. The Seattle-based brokerage added that if one home was built on each of...
Report: National Housing Deficit Level Holds Steady at 4.7 Million Units

Report: National Housing Deficit Level Holds Steady at 4.7 Million Units

by Phil Hall | Jul 15, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The national housing deficit remained at 4.7 million units in 2024, rising by just 43,000 homes, according to a new Zillow report based on US Census Bureau data. Zillow attributed the steady deficit level to a homebuilding boom that increased the total number of...
Judge Denies CoStar Group’s Amicus Brief in Zillow-MRED-Compass Litigation

Judge Denies CoStar Group’s Amicus Brief in Zillow-MRED-Compass Litigation

by Phil Hall | Jun 16, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

A federal judge has rejected an effort by CoStar Group (NASDAQ: CSGP) to file an amicus curiae brief in the lawsuit between Zillow (NASDAQ: Z, ZG), Midwest Real Estate Data (MRED) and Compass International Holdings (NYSE: COMP). Judge John Tharp of the US District...
Report: 242 Cities Have Starter Homes Valued at $1 Million and Up

Report: 242 Cities Have Starter Homes Valued at $1 Million and Up

by Phil Hall | Jun 15, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A record number of 242 cities have starter homes valued at $1 million or more, up from 226 one year ago, according to a new data report from Zillow. Traditionally, a starter home is defined as a home in the lowest third of home values in a given market. But as the...
CoStar Group Targets Zillow with Amicus Brief in MRED Case

CoStar Group Targets Zillow with Amicus Brief in MRED Case

by Phil Hall | Jun 10, 2026 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

CoStar Group (NASDAQ: CSGP) has filed an amicus brief opposing a motion by Zillow (NASDAQ: Z, ZG) for a preliminary injunction in Zillow v. MRED. Two weeks ago, a federal judge ordered the Midwest Real Estate Data (MRED) to restore Zillow’s access to its multiple...
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