While many industry incumbents are eyeing August 17 with nervousness, preparing for some level of turbulence and uncertainty, Zillow is coasting into the new real estate world on the back of a spectacular earnings report and confidence from executives that the company is well-positioned to take advantage of upcoming changes. The portal giant’s stock popped…
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A critical aspect of real estate transactions is the need for strategic enhancements to maximize property value. From landscaping to major repairs like roofing or foundation fixes, these investments are pivotal in the “improve-to-sell” approach favored by agents and homeowners alike. Yet, the greatest challenge often lies in financing these improvements. Originating in the competitive…
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The 30-year fixed-rate mortgage (FRM) dropped drastically to the lowest level seen in over a year, from last week’s average of 6.73% to a current average of 6.47%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: The 30-year FRM averaged 6.47%, down from last week when…
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Remember Show and Tell from when you were a little kid in school? You’d get in front of the class with something kinda neat and then provide the backstory. It was fun, right? Well, now it’s adult Show and Tell time, but it’s serious business. Most jobs involve working with the same people for years…
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From left, Jeremy Wacksman and Rich Barton Zillow Group, Inc. announced on Aug. 7 that longtime executive and Chief Operating Officer Jeremy Wacksman has been promoted to chief executive officer and is simultaneously joining the company’s board of directors. Wacksman succeeds co-founder Rich Barton, who remains on the Zillow Group board and becomes co-executive chair…
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