Real estate firms are raising billions in debt and equity. Here’s why
As the economy starts to re-open, real estate players are hungry for cash. On Tuesday, CoStar said it would...
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Zillow relaunches iBuying program
Zillow is relaunching its instant homebuying program, making it the latest iBuyer to resume operations. The listings portal — which in recent years made a big bet on homebuying — announced Monday that it...
Second Take: Real estate execs say the darndest things
Vornado Realty Trust’s Steve Roth channeled his inner Wordsworth. SL Green’s Marc Holliday went into Call of Duty mode....
Zillow CEO on coronavirus crisis: “We have passed peak fear”
Zillow’s losses ballooned to $163.3 million during the first quarter despite record revenue from its now-halted iBuying business. That’s...
Zillow co-founder Spencer Rascoff leaves board
Fourteen months after being replaced as Zillow’s chief executive, co-founder Spencer Rascoff is leaving the company’s board of directors....
Zillow slashes expenses by 25%, cancels revenue guidance
Zillow Group suspended its full-year revenue guidance and said it would slash expenses by 25 percent to ride out...
Realogy is latest iBuyer to suspend cash offers
Realogy is the latest iBuyer to stop making cash offers for houses amid the market turmoil sparked by the...
Citing uncertainty, Zillow gives agents 50% discount on Premier Agent
Zillow Group is responding to the ongoing public health crisis caused by coronavirus by cutting the cost of its...
Zillow rival Zumper raises $60M to build more rent-payment tools
Zumper, a rental platform and Zillow competitor, said Tuesday that it closed a $60 million funding round to bulk...
The latest real estate billionaire? Zillow’s Rich Barton
Zillow founder Rich Barton has become a billionaire. The listings giant CEO hit the milestone after strong results from...
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