zillow

What Does the Zillow/Trulia Merger Mean?

Real estate listings service Zillow has purchased Trulia for $3.5 billion in stock, the companies announced in a joint statement. What does this mean for the industry?

The local associations of realtors and the MLS companies who have feasted on having realtors paying dues regardless of production will suffer - and should die off completely [...]

Despite Increased Inventory, First-Time Homebuyers Deterred From Purchasing

After taking a direct hit in 2012 during the economic slump, and then rising gently in 2013, the national inventory of homes for sale has jumped 11.8 percent in May. However, most of the homes were in the top and middle thirds of the market. Homes in the most affordable price bracket, most favored by first time homebuyers, has been falling [...]

Low Mortgage Rates Spell Bad News for Brokers

As a result of the recovering economy and the Federal Reserve stimulus program that created an artificial cap, mortgage rates will inevitably rise. As this shift happens, homeowners who would usually consider selling their current homes to buy new homes actually hold onto them in order to keep their historically low mortgage rates, rather [...]