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Zillow Makes Sneaky Smart Deal with Buffett's Real Estate Business
The Motley Fool· 2025-04-10 10:00
Zillow is partnering with Berkshire Hathaway's real estate brokerage business, which is a huge win for Zillow.As Zillow (Z 8.49%) builds out its real estate platform, it needs agents (supply) to come to the market to serve its booming demand. And that's what the company just announced with a new partnership that could make it the aggregator of housing in the U.S.*Stock prices used were end-of-day prices of April 8, 2025. The video was published on April 9, 2025. ...
Zillow Collaborates With HomeServices of America on Showcase
ZACKS· 2025-04-09 16:25
Zillow Group (Z) has partnered with HomeServices of America to offer its exclusive AI-powered listing experience, Showcase. This collaboration will aid in expanding Zillow Showcase’s reach, generating higher revenues for the company.Through Zillow’s Showcase, HomeServices of America clients will get more exposure and brand visibility in the marketplace by tapping into Zillow’s high-intent shopping audience, leading to tangible results.To engage shoppers, Zillow Showcase features visually rich listing desig ...
Zillow product partnership with HomeServices of America empowers agents with Zillow Showcase
Prnewswire· 2025-04-08 13:00
Zillow's AI-powered Showcase experience delivers premium listing visibility, helping HomeServices agents attract more buyers and win more listings in a competitive marketSEATTLE, April 8, 2025 /PRNewswire/ -- Zillow® and HomeServices of America® are together empowering agents within HomeServices of America companies through the use of Zillow Showcase℠, an AI-powered listing experience exclusive to Zillow. This collaboration has provided significant advantages to HomeServices of America since its agents bega ...
The 5 best metro areas to buy -- and sell -- a home this spring
Prnewswire· 2025-04-08 12:00
Core Insights - The housing market is showing signs of improvement for buyers, with over 1 million homes for sale in February, the highest for that month since before the pandemic [1][3] - Mortgage rates are at their lowest this year, and home values are not rising rapidly, contributing to better affordability for buyers [1][3] - The time taken for homes to go under contract has increased, averaging more than three weeks, allowing buyers more time to make decisions [1] Summary by Categories Best Metro Areas for Buyers - **Miami**: Homes take nearly three times longer to sell than the national average, with about 25% of listings receiving price cuts in February [4] - **New Orleans**: There are 11% more homes for sale compared to last year, with homes staying on the market for almost two months [5] - **Jacksonville**: Inventory is up 26% year-over-year, with nearly 30% of sellers reducing their asking prices [6] - **Tampa**: Approximately one-third of listings have taken a price cut, with inventory up 42% from pre-pandemic levels [7][8] - **Memphis**: Monthly mortgage payments are about $1,200, lower than typical rents, and homes stay on the market for nearly a month [11][16] Best Metro Areas for Sellers - **Buffalo**: Homes are selling quickly, often in 12 days or less, with over 50% of listings selling above their list price [12][17] - **San Jose**: Home values have increased by 7.6% year-over-year, with nearly 60% of homes selling for more than their list price [13][18] - **San Francisco**: Listings are up 32.5% year-over-year, with 44% of homes selling above asking price [14][19] - **Hartford**: Homes are selling in just seven days, significantly faster than the national average, with a 71% decrease in listings compared to pre-pandemic levels [15][24] - **Boston**: Approximately 40% of sellers can expect to sell above their list price, with homes selling in just eight days [21][25]
Expect lower mortgage rates to energize home buyers and sellers
Prnewswire· 2025-03-17 12:00
Well over 1 million homes are available to buyers, the most for this season in five years Annual home value growth has slowed to an 18-month low of 2.1%, helping buyers make up ground on affordability. Listings are going pending in 23 days, more slowly than in recent years. A total of 1.04 million homes were on the market in February, the most for this time of year since 2020. SEATTLE, March 17, 2025 /PRNewswire/ -- Buyers and sellers didn't jump back into the housing market as expected in February, but lo ...
Climate risks threaten trillions of dollars in real estate
Prnewswire· 2025-03-12 12:03
Core Insights - Trillions of dollars' worth of U.S. real estate is at significant risk from natural disasters, including fire, flood, and extreme wind, with a total estimated value of $33.4 trillion across these risks [2][10] - Major metro areas, particularly in California and New York, are highlighted as having substantial residential real estate values at risk, with Los Angeles and New York City leading in fire and flood risks respectively [3][6] Summary by Risk Type Fire Risk - Homes with major fire risk are valued at approximately $9.1 trillion nationally, with eleven metro areas having at least $100 billion in residential real estate at major risk [2][6] - The Los Angeles metro area has the highest total value of homes at major risk of fire, estimated at $831 billion [2][6] Flood Risk - Homes with major flood risk are valued at around $7 trillion, with New York City having the highest total value at risk, estimated at $593 billion, followed closely by Miami at $580 billion [3][6] - The median list price for homes with extreme flood risk is 22% higher than for homes with minor flood risk [4] Wind Risk - Homes with major wind risk are valued at approximately $17 trillion, with New York City also leading in this category at around $3 trillion [2][3][6] - Miami and Boston also have significant values at risk, exceeding $1 trillion each [3] Market Trends - Over 80% of home shoppers are considering climate risks when searching for new homes, indicating a shift in buyer behavior [4] - Despite the risks, many high-risk areas remain desirable, often commanding higher home values; homes with extreme fire risk have a median list price 49% higher than those with minor fire risk [4] Data Accessibility - Zillow provides climate risk data on its platform, allowing home shoppers to evaluate risks related to flood, wildfire, wind, heat, and air quality, which aids in informed decision-making [5]
Atossa Therapeutics Announces Plans to Pursue Metastatic Breast Cancer Indication for (Z)-Endoxifen and Continued Engagement with FDA on Additional Indications
GlobeNewswire News Room· 2025-03-11 12:15
SEATTLE, March 11, 2025 (GLOBE NEWSWIRE) -- Atossa Therapeutics, Inc. (Nasdaq: ATOS) (“Atossa” or the “Company”), a clinical-stage biopharmaceutical company dedicated to the prevention and treatment of breast cancer, today announced its strategic decision to pursue a metastatic breast cancer indication for (Z)-endoxifen. Atossa believes that pursuing a metastatic indication may offer a more efficient regulatory pathway to deliver (Z)-endoxifen to women in urgent need, and simultaneously plans to work with t ...
Homes sell for $5,600 more when they are listed in late May
Prnewswire· 2025-03-05 13:00
New Zillow research identifies the best time to sell a home in the nation's largest metropolitan areas A Zillow analysis of 2024 home sales finds that homes listed in the second two weeks of May sold for 1.6% more. The best time to list can be as early as the second half of March in San Diego and Austin, and as late as November in Phoenix. Homeowners can sell their home for even more by maximizing exposure, focusing on screen appeal and highlighting in-demand features. SEATTLE, March 5, 2025 /PRNewswire/ - ...
Hot markets and home feature fads: How the pandemic changed home buying
Prnewswire· 2025-02-27 13:00
Core Insights - The housing market has undergone significant changes over the past five years, with home values and rents reaching record highs, and the number of homes valued at $1 million more than doubling since the onset of the pandemic [1][6][9] Market Trends - Home values have increased by 45.3% nationally since February 2020, with Miami experiencing the highest growth at 61.1% [3][9] - The demand for homes has been driven by lower mortgage rates, higher savings, and a desire for more space during the pandemic [2] - The typical $1 million home is now approximately 70 square feet smaller than it was at the beginning of the pandemic, indicating a shift in buyer preferences [7] Regional Highlights - Austin, TX, saw the most volatile market, with home values increasing by 40.3% during the pandemic's early phase but later declining by 14% due to rising mortgage rates [4] - In New York City, median asking rents have risen by 24.1% since the pandemic began, with the Bronx experiencing the sharpest increase at 42.3% [5] Construction and Supply - Builders responded to increased demand with over 1 million single-family home starts in 2021, the highest since 2007, which has helped to moderate price growth [8][10] - The shift towards higher-density homes, such as townhomes and condos, has been a strategy to maintain affordability amid rising land and material costs [10] Buyer Preferences - Outdoor features have remained in high demand, with buyers willing to pay at least 2% more for homes with such amenities [11] - Virtual home shopping has become more prevalent, with a significant increase in the use of digital tools, such as 3D tours, enhancing the home-buying experience [13][15]
Zillow Stock Is an Amazing Value After Earnings Drop
The Motley Fool· 2025-02-15 10:00
Group 1 - Zillow is establishing itself as the leading housing discovery tool in the market [1] - Despite a poor stock performance post-earnings, the company is showing strong growth in rentals and mortgages [1] - Zillow is becoming increasingly profitable year over year [1]