The company’s Chief Operating Officer, Jeremy Wacksman, said in a statement that Zillow will not be signing any new, additional contracts to buy homes through the end of the year.
Category archives: Real Estate
Mortgage Application Rates Down as Interest Rates Rise to Highest Levels Since July
Mortgage application rates in the United States fell by 1.1 percent last week driven by higher interest rate, according to the Mortgage Bankers Association (MBA) Composite Index.
9 Warning Signs When Selling Your Home
Anyone who has bought a home can appreciate that it’s not a simple process. Despite now having a little experience under your belt, selling …
Home Price Growth Surges to Record High: Reports
Single-family home prices across the United States rose at a record 19.7 percent annual pace in July.
America Is Short of Over 5 Million Homes Amid Surge in Demand and Lack of Construction: Report
Data released on Sept. 9 show that the United States is short of 5.24 million homes.
How to Maximize Your ROI When You Sell Your Home
If you’re taking advantage of the housing boom, Roofstock can help.
Why Real Estate Agents Should Take Advantage of BPOs Right Now
Learn what BPOs are and how to generate regular, reliable income by completing them.
Home Price Growth Surges to Record High: Case-Shiller Index
U.S. single-family home prices in 20 key urban markets rose 19.1 percent in June from a year earlier, marking the largest annual price increase in the 20-year history of the 20-city composite measure.
Homebuilder Confidence Drops to 13-Month Low on High Material Costs and Surging Home Prices
The HMI index component that gauges current sales conditions fell five points to 81 in August, while the part that measures traffic of prospective buyers also recorded a five-point drop to 60.
Single-Family Home Prices Soar by 23 Percent, Sharpest Rise on Record
The median price of an existing single-family home surged by 22.9 percent in the second quarter of 2021 compared to the year-ago period, hitting an all-time high of $357,900, the NAR said in an Aug. 12 report.