All articles tagged with #zillow
Zillow ranks Providence as the 4th hottest real estate market in the U.S. for 2026, citing strong price growth, low inventory, and high buyer competition, with markets like Hartford, Buffalo, and San Jose also leading in demand and appreciation forecasts.
Compass CEO Robert Reffkin is engaged in a legal and strategic battle with Zillow and industry rules, aiming to reshape home search practices by promoting exclusive listings and challenging industry norms, which could significantly alter how Americans buy homes.
Google is testing a new feature that displays home listings directly in search results through a partnership with HouseCanary, which has caused Zillow's shares to drop over 8%. While some analysts see this as a long-term risk for real estate portals, others believe the immediate impact will be limited, and Google may see this as an opportunity to generate more revenue.
Home buyers in the US are benefiting from record-level price reductions, with the typical listing seeing around $25,000 in cuts in October, especially in expensive markets like Los Angeles and New York, as the housing market rebalances and homes take longer to sell.
The article highlights a Facebook group showcasing bizarre and questionable Zillow listings, ranging from homes with strange designs to potential hazards, reflecting the current chaotic housing market and the popularity of viewing odd homes for entertainment and escapism.
Zillow quickly developed a ChatGPT-integrated real estate app in less than six weeks, collaborating with OpenAI using their app development tools to enhance home buying and selling experiences with AI-driven features, emphasizing control over data and user interface, and aiming to lead AI disruption in real estate.
OpenAI has enhanced ChatGPT by enabling it to connect with third-party apps like Spotify, Zillow, Figma, Expedia, and Booking.com, allowing users to perform tasks within the chatbot. This feature, called 'talking to apps,' aims to make ChatGPT a more versatile digital gateway. The company is also focusing on developer tools and AI agents to accelerate software development, amidst its rapid growth and significant investments, positioning ChatGPT as a potential operating system for software access.
The FTC is suing Zillow and Redfin, alleging their partnership to syndicate rental listings and restrict Redfin's competition violates antitrust laws, potentially harming renters and landlords by reducing options and increasing costs.
Attorneys general from five states sued Zillow and Redfin, alleging they colluded to eliminate competition in the online rental housing market through a deal that paid Redfin to shut down its rental advertising business, potentially harming consumers and renters. The companies deny the allegations, asserting their partnership benefits consumers and the market. The lawsuit seeks to prevent further anti-competitive practices and possibly restructure the companies to restore competition.
Federal regulators have accused Zillow of paying Redfin $100 million to cease competing in the home rental advertising market, alleging this violates antitrust laws and harms consumers by reducing competition. Zillow claims the agreement benefits renters and property managers, while Redfin denies the allegations.
The FTC is suing Zillow and Redfin, alleging they violated antitrust laws by making a deal where Zillow paid Redfin $100 million to be the exclusive provider of multifamily rental listings, which allegedly eliminated competition and harmed consumers. The case seeks to restore competition and prevent further anticompetitive conduct.
The FTC has sued Zillow and Redfin for an illegal agreement to eliminate Redfin as a competitor in the rental advertising market, involving a $100 million payment from Zillow to Redfin to cease competing and serve as an exclusive listing syndicator, which is alleged to violate antitrust laws and harm competition and consumers.
Law firms Hagens Berman and Cohen Milstein have filed a class-action lawsuit against Zillow, accusing the company of inflating homebuyer costs through its Zillow Flex referral program and engaging in deceptive practices related to listing standards, seeking damages on behalf of U.S. homebuyers over the past four years.
Despite a frozen housing market with low sales and high prices, Zillow continues to grow in popularity, attracting nearly 230 million visitors monthly who browse listings and dream of homes, highlighting ongoing interest in real estate even during market stagnation.
Zillow is implementing a new policy to ban publicly marketed home listings that are not shared in local databases within one business day, as part of a broader industry conflict over 'exclusive inventory' and 'hidden homes.' This move aims to increase market transparency but has sparked legal disputes and industry resistance, affecting how buyers and sellers access and market properties.