Zillow
Dallas was among nine metros where the bulk of home values have hit pre-recession levels, affordability is hampering one age group in particular from purchasing homes, Zillow is making yet another bid toward world domination, and mortgage rates are ticking up — all this and more in this week’s real estate news roundup.
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In a bid to be all the things, Zillow announced just minutes ago that it has launched new tools that will not only allow property owners and managers to collect rent and vet prospective tenants more easily, but will also provide renters with the ability to submit multiple applications for apartments at once and pay…
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Here is news coming from the east coast that the State of New York is considering — mind you, just chatting about — regulating online real estate ads placed by agents. The focus is on third party ads such as Zillow’s “Premiere Agent” whereby an agent buys an ad on another agent’s listing. That is,…
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Are Zestimates an invasion of privacy? Back in May, Zillow was sued by several flippers in Chicago who were annoyed that Zestimates were undervaluing their flips (likely because the system hadn’t caught up) and bringing in bottom feeders using Zestimates as holy writ on appraised value and therefore purchase price. In my May coverage, I…
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This statement just came over from Zillow. The real estate search giant says it won’t pursue legal action against Kate Wagner and the McMansion Hell blog, but Wagner agrees not to use Zillow photos moving forward. “It was never our intent for McMansion Hell to shut down” they say. Well, when a billion dollar company…
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