Things have never been better for the Zillow Group websites, which includes consumer brands Zillow, Trulia, StreetEasy, HotPads and Naked Apartments, in terms of website traffic, but the company’s bottom line was again negatively affected by Zillow’s legal battle against Move, Realtor.com, the National Association of Realtors and News Corp. Zillow Group reported its first quarter financials after the market closed on Tuesday, and reported that its websites set an all-time high with more than 166 million unique users in March to Zillow Group sites, an increase of 22% year-over-year. . . .
Zillow Group is getting a ton of traffic. As the housing market continues to grow, the company commands 63 percent market share for real estate websites an
In 2016, developers will start construction on 320,000 new apartment units. In contrast, in 2015, they started work on 350,000 units, according to Witten.
Streams of data point to a steady increase, but the actual numbers are all over the map. What you should know.
Silicon Valley's generous tech salaries can't compensate for California’s expensive housing and high taxes, especially compared to places like Seattle.
The San Francisco Bay Area has the highest housing costs of any place in the United States. One reason is the short distance between San Francisco and Silicon Valley, California’s high technology center. Another reason is high demand for hotel and office space.
Mason-McDuffie Mortgage announced it is partnering with Blend, a Silicon Valley technology company and winner of HousingWire Tech 100 in 2015. The purpose of the new union is to power Mason-McDuffie’s new EQ Mortgage Experience. Mason-McDuffie will use Blend’s mortgage lending platform in order to offer a modern, digital mortgage experience to homebuyers. With its tools, Blend will also enable the company to quickly verify borrower details. This will help shorten application wait times. "We are thrilled to partner with Mason-McDuffie Mortgage to help it . . .
Mark Douglas's daughter was shopping around for an apartment. But the person showing apartments just assumed that because she was young she didn't have the..
Updated at 1:38 p.m PST with comments from Airbnb.
Forget Las Vegas and Phoenix, today's real estate investors are seeing more lucrative opportunities in less-obvious markets.
Eight of the Bay Area's nine counties experienced seasonal improvements in housing affordability in the first quarter of 2016 when compared to the final quarter of 2015, according to the California Association of Realtors. But year-over-year changes give less cause for optimism, and affordability remains a serious concern.
The first quarter of 2016 improved by 4% from last quarter with 34% of household in California able to purchase a median priced home, according to the California Association of Realtors. This increase in affordability was due to both higher wages and lower seasonal home prices, according to CAR. Affordability rose from 30% in the fourth quarter of 2015 to 34% in 2016. It remained flat from 2015’s first quarter as rising home price offset income gains. This makes the 12th consecutive quarter the affordability . . .
The 12-room Unit 3 at 6 Newbury Street in Back Bay had been asking $12,950,000 for a while. It just closed for a sum less than that, but one more than enough to place the trade among the biggest in recent Boston history.
The 222-unit second phase of Chelsea's One North of Boston is more than 35 percent pre-leased and new tenants started moving into the building late last month. The first phase is more than half-rented. Hello, Boston alternative!
Tucked into a proposal for redeveloping the Financial District's Winthrop Square Garage are details for a 300-unit tower at 2 Charlesgate West in Fenway. The project would join a plethora of newer developments in the neighborhood.