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Zillow CEO Jeremy Wacksman: ‘We do tech so you can do real estate’

Housing Wire

That got me here in 2009 and kept me ever since. Anytime you give consumers more tools, they become more empowered and efficient, but that efficiency doesn’t mean they spend less time dreaming and shopping. To kick off the episode, Wacksman discusses the importance of technology in real estate. How do you see that expanding?

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Buyers viewed just eight homes before making their purchase

Housing Wire

Right after the Great Recession, between 2009 and 2011, buyers viewed a median of 12 homes before purchasing, as inventory was plentiful. In 2021, 95% of buyers use online tools to look for houses, with 51% reporting that they found their eventual home online.

Buyers 448
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Mortgage Educators and Compliance acquired by 360training

Housing Wire

“By combining expertise and resources, we aim to elevate our ability to equip individuals and businesses within the lending sector with specialized knowledge and tools, empowering them to navigate the intricate landscape of financial services with confidence and excellence,” said Samantha Montalbano, COO of 360training.

Training 448
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Coldwell Banker Realty welcomes new Boston team

Housing Wire

No one else compares when it comes to brand recognition and tools to market our clients’ homes. joined the business in 2009, bringing extensive experience in sales, marketing and strategic management. They formerly operated the RE/MAX Revolution franchise in Watertown, Massachusetts, one of New England’s first RE/MAX franchises.

Realty 459
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Why equity-tapping challenges may make reverse mortgages ‘inevitable’

Housing Wire

Lenders have rarely underwritten more than 100,000 federally insured ones in any fiscal year, and that hasn’t happened since 2009,” Lieber wrote. may necessitate a broader adoption of home equity-tapping tools, the column said. But their equity is also a tool. But most people “reject reverse mortgages,” according to the column.

Mortgage 459
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Real estate tech roundup: Hubzu and Brookfield Residential

Housing Wire

The app offers potential buyers tools to find, research and bid on homes via a competitive auction format. Since 2009, it has facilitated the more than 4.5 Brookfield Residential has announced the expansion of Empower, a set of tools for homebuyers that to offer more choices and smart-home options for their home purchases.

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Here’s Why the Share of Existing Homes Bought by International Buyers Is Declining 

Appraisal Buzz

54,300 properties were purchased by foreign buyers, representing the lowest amount of homes purchased since 2009, the year NAR started collecting this data, and a 36% decrease from the prior year. The 54,300 existing homes sold—the lowest since NAR began tracking in 2009—slid 36% from the previous year. In total, some 4.09 real estate.

Buyers 395