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Stories Tagged as

Housing market

What the demise of Zillow Offers means for the ibuyer model

by Amy Scott
Nov 4, 2021
As Zillow winds down its home-flipping business, what's next for the industry?
Two Zillow Offers representatives evaluate a home for purchase in 2019. Zillow is winding down its house-flipping operation and, as of late September, has nearly 18,000 houses to unload.
Joe Raedle via Getty Images
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Adventures in Housing

A real-life real estate horror story

by Maria Hollenhorst
Oct 26, 2021
Ursula Vernon, an illustrator and horror writer, recounts what it was like purchasing a home for her mother during a pandemic.
Author and illustrator Ursula Vernon hoped buying this farmhouse for her mother would be a straightforward process. It wasn’t.
Courtesy Ursula Vernon
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Evergrande investors in China are worried but holding on

by Jennifer Pak
Oct 26, 2021
Evergrande is among the three biggest property developers in China and it seems to have the backing of the Chinese communist party.
Evergrande founder Xu Jiayin overlooking China's communist party 100th birthday celebrations on Beijing's Tiananmen square. This photo was widely circulated in China's business press and boosted the perception that Evergrande is too big to fail.
Screenshot of Sina
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Too few sellers, tight material supplies make life difficult for home buyers

by Mitchell Hartman
Oct 22, 2021
Mortgage rates are rising, too.
A house for sale in San Rafael, California.
Justin Sullivan/Getty Images
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Rents are rising to all-time highs

by Kristin Schwab
Oct 4, 2021
Nationwide, rents are up more than 13% since March of 2020.
The rent for two-bedroom units have hit a new all-time high every month since February, according to new data from the rental site Zumper.
Joe Raedle/Getty Images
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Are ibuyers manipulating the housing market?

by Janet Nguyen
Sep 29, 2021
The influence of algorithms may be growing, but the larger problem is the shortage of shelter.
Real estate firms' tech-driven practice of ibuying homes has stoked controversy, but the inadequate supply of housing pushes up prices and affects millions of Americans.
Frederic J. Brown/AFP via Getty Images
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Housing market shows signs of normalizing

by Amy Scott
Sep 16, 2021
Homes are staying on the market a few more days. Plus, there are more new listings and fewer bidding wars.
The real estate market is finally easing up a bit, improving the position of buyers. Houses are staying on the market longer, and there are more new listings.
Andrew Caballero-Reynolds/AFP via Getty Images
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“I just don’t know where we’re gonna end up”

by Maria Hollenhorst
Aug 18, 2021
A Springdale, Arkansas, family's search for an affordable home spotlights an increasingly expensive rental and housing market.
Amid a boom in residential real estate, Sandy Lewis and her family have struggled to find an affordable rental.
Justin Sullivan via Getty Images
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Buying a house has become an endurance sport

by Amy Scott
Aug 16, 2021
"This is not a sprint, this is a marathon," one real estate broker tells her clients. But for some homebuyers, the race is just too long.
Luxury apartments are advertised at a Manhattan real estate office. In this seller's market with limited inventory, trying to buy a home can feel like running a marathon.
Spencer Platt via Getty Images
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Homebuilders are constructing fewer homes ... on purpose

by Amy Scott
Jul 29, 2021
Some companies have decided it's better to hold back right now.
Despite a hot housing market, new data from Zonda show that 85% of homebuilders are intentionally capping their sales.
Justin Sullivan via Getty Images
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