‘We Don’t Have Enough Sales’: RedFin Kills Home-Flipping Business Citing Downturn
The real estate company is laying off hundreds of employees and preparing for the housing winter to last through 2023.
The Market for Real Estate Porn Is As Hot as Ever
The erotic tension between owning a home and watching people have sex in your dream house has always been appealing.
Home That Washed Into Atlantic Ocean Still Worth $380,000, Zillow Says
“Another Outer Banks vacation home that’ll give you unparalleled views!”
People Keep Getting Scammed by Fake Landlords
Renters across the country are falling victim to what’s often referred to as a “fake landlord” scam.
LA Wants to Ban iBuyers, Private Equity Firms From Profiting off Housing
The city council has voted to explore ways to ban such companies from purchasing single-family homes.
Zillow Sells Thousands of Homes to Controversial Rental Powerhouse
Pretium Partners has been accused of evicting tenants in majority-Black Georgia counties at seven times the rate it did tenants in majority-white Florida ones.
Zillow Is Killing Its Home-Buyer Service, Cutting 25 Percent of Workforce
The decision is an admission that its plan to take the iBuyer world by storm failed.
Zillow Pumps the Brakes on Buying Homes
After preparing to go on a massive home-buying spree, the real estate platform admits it bit off more than it could chew.
‘Price-Distorting’ iBuyers Like Zillow Hurt US Homeowners, Rivals Say
The model ultimately comes at a cost to the consumer, one said.
The Economy Is Back. Welcome to the Casino
From the stock market, to cryptocurrencies, to sports, and beyond, the pandemic has accelerated the spread of gambling to every corner of society.
Zillow Isn’t Big Enough To Manipulate the National Housing Market (Yet)
The company says an internet theory about its house-flipping scheme is “misinformation.”
Tech ‘Unicorn’ Pacaso Is Turning Homes Into LLCs and Pissing Off the Neighbors
Californians say the billion-dollar company is hawking illegal timeshares. "If this business model succeeds," one Sonoma resident said, "our town starts to become more and more like an adult Disneyland."