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Zillow

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Mortgage rates jump to 6.49% as Iran tensions cloud housing outlook
business10 days ago

Mortgage rates jump to 6.49% as Iran tensions cloud housing outlook

Freddie Mac reports the 30-year fixed mortgage rate rose to 6.49% this week, reversing a prior dip and keeping affordability under pressure for buyers. The uptick comes amid renewed tensions with Iran that could keep borrowing costs elevated, with analysts warning that relief may be slow. Realtor.com economist Joel Berner notes mortgage costs remain a key drag on the 2026 housing recovery, while Zillow projects rates easing only modestly later this year. Meanwhile, existing-home sales fell 2.4% in June, signaling ongoing weakness in demand as financing costs bite.

via Yahoo Finance|
#business#freddie-mac#housing-market
Geopolitical Tensions Drive Mortgage Rates Higher as Iran Fallout Looms
finance11 days ago

Geopolitical Tensions Drive Mortgage Rates Higher as Iran Fallout Looms

Mortgage rates edged higher this week as renewed US-Iran tensions and rising oil prices pushed bond yields higher. Freddie Mac puts the 30-year fixed average at 6.49% (up from 6.43%), with current lender quotes showing roughly 6.35% for a 30-year fixed, 6.21% for 20-year, and 5.94% for 15-year; refinance rates are typically a touch higher, around 6.4% for a 30-year loan. Market moves, fueled by concerns about inflation, prompted economists to note that rates had been retreating, but Iran's deteriorating ceasefire situation reversed that trend. The piece also covers rate determinants (down payments, credit scores, loan type) and advises shoppers to compare lenders for the best deal.

via Yahoo Finance|
#bond-yields#finance#freddie-mac
Chicago-area Zillow listings vanish as MLS dispute cuts data feed
business2 months ago

Chicago-area Zillow listings vanish as MLS dispute cuts data feed

Thousands of Chicago-area home listings disappeared from Zillow after Midwest Real Estate Data pulled access to its regional MLS amid a dispute over private listings marketed to select buyers; Zillow has sued MRED and Compass, arguing the move undermines its rules and hurts buyers, with the suspension causing many listings to go-dark or stay outdated as listings don’t refresh.

via CNN|
#business#housing-market#mls
Jacksonville Tops Zillow's List of Best Metros for First-Time Buyers
business3 months ago

Jacksonville Tops Zillow's List of Best Metros for First-Time Buyers

Zillow’s April report identifies 10 U.S. metros with the strongest odds for first-time buyers, led by Jacksonville, FL—a city where rent accounts for about 23% of median income and 47.8% of listings are affordable—followed by Birmingham, San Antonio, Atlanta, Houston, St. Louis, Detroit, Raleigh, Baltimore, and Louisville, reflecting lower rent burdens, more affordable listings, and a healthier share of younger buyers.

via USA Today|
#affordability#business#first-time-buyers
Compass Drops Zillow Lawsuit as Listings Battle Reforms Home Search
business4 months ago

Compass Drops Zillow Lawsuit as Listings Battle Reforms Home Search

Compass voluntarily withdrew its lawsuit against Zillow after Zillow relaxed some of its 'Zillow Ban' rules on certain for-sale listings. The clash highlighted tensions over access to listings, with Compass expanding its exclusive inventory and striking deals with Redfin and Anywhere. The broader question now is how listings are shared and monetized across portals, and how much control agents and sellers should exert over listing exposure, which could affect how buyers search for homes.

via Business Insider|
#antitrustopen-market#business#compass
Compass Drops Antitrust Suit as Zillow Loosens Public-Listing Rules
business4 months ago

Compass Drops Antitrust Suit as Zillow Loosens Public-Listing Rules

Compass has dropped its lawsuit against Zillow over how homes are marketed online after Zillow amended its listing rules to allow public-facing listings and launched Zillow Preview for pre‑market listings. Compass had argued that Zillow’s one-day public display rule was anticompetitive, while Zillow contended the policy improves transparency. A New York judge had declined to block Zillow’s rule, and Compass subsequently formed a partnership with Redfin to display Compass come‑soon listings exclusively. With these changes, Compass praised the move as beneficial for sellers and agents, and Zillow argued the claims lacked merit, emphasizing that private listing networks are not in the best interests of consumers.

via CNN|
#antitrust#business#coming-soon-listings
Hidden Listings Take Center Stage in Zillow-Compass Tug-of-War
business5 months ago

Hidden Listings Take Center Stage in Zillow-Compass Tug-of-War

A federal judge denied Compass’s bid for a preliminary injunction, allowing Zillow to keep enforcing its Listing Access Standards and block certain ‘private exclusive’ listings for now. Yet Compass’s growing stockpile of exclusive homes—bolstered by its acquisition of Anywhere Real Estate—along with other brokerages building private networks, suggests a longer, more complex shift in home searching where buyers may increasingly encounter listings that aren’t broadly accessible.

via Business Insider|
#business#compass#listing-access-standards
Northeast Dominates 2026’s Hottest Housing Markets Amid Tight Inventory
business6 months ago

Northeast Dominates 2026’s Hottest Housing Markets Amid Tight Inventory

Zillow predicts 2026’s hottest housing markets will be concentrated in the Northeast, led by Hartford, Buffalo, New York, Providence, and others, with no Sun Belt cities in the top 10. The rankings reflect tight supply and strong demand—as homes sell over asking and inventory remains scarce—driving continued price growth in these metros.

via Business Insider|
#2026#business#housing-market
Google's Real Estate Listings Experiment Causes Zillow Stock Drop
business7 months ago

Google's Real Estate Listings Experiment Causes Zillow Stock Drop

Google is testing a new feature that displays home listings directly in search results through a partnership with HouseCanary, which has caused Zillow's shares to drop over 8%. While some analysts see this as a long-term risk for real estate portals, others believe the immediate impact will be limited, and Google may see this as an opportunity to generate more revenue.

via GeekWire|
#business#experiment#google