‘Zillow Offers’ Lost $881M in 2021 Shutdown
Report: Zillow Group said on Feb. 10 that it lost $528M in 2021, primarily because its iBuyer division, Zillow Offers, shut down with an $881M loss.
The Best Places to Start a Fla. Business?
Florida Realtors economist: Fla.’s business focus landed 4 cities (Orlando, Miami, Tampa, Jacksonville) in a “top 15 best places to start a business” list.
How Much Will the Fed Boost Interest Rates?
While Federal Reserve members seem ready to raise interest rates in March, they don’t fully agree on how much. Some think it’s time for a strong message.
Hottest U.S. Dream Job? Real Estate Agent
The pandemic caused American workers to question their jobs and what they do every day – and Google says the top new-job search term is “real estate agent.”
Study: Out-of-Town Buyers Have More Money
It’s hard for some current Fla. residents to compete with new ones. In Miami, the average newcomer can spend 25.1% more – but in Jacksonville, it’s only 1.7%.
U.S. Foreign Investments Beat Pre-Pandemic Levels
Real Capital Analytics: Foreign investors have shifted focus a bit from major cities, but the $70.8B invested in 2021 is the highest total since 2018’s $94.6B.