‘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.
Some Apps Can Make Moving Less Painful
Moving is a coordination nightmare, and one of a million details can get lost in the shuffle. If nothing else, however, technology can help organize data.
Condo Q&A: Can HOA Ban Flags on Trucks?
Also: Do standing committees have to post notices of any meeting? And does failing to post a meeting/agenda info within 48 hours violate the Sunshine laws?
Rising Costs May Create More Lifelong Renters
Some renters saving for a down payment and unable to buy find that recent rent increases are eating away at savings and forcing them to stay where they are.
Champlain Condo Settlement Could Come Quickly
An emerging deal announced last week might settle on $83M for people who suffered economic losses after Surfside’s Champlain Towers collapse.
Some Household Costs Now Exceed Inflation
New homebuyers often need furniture, drapes and appliances after they close, but those costs are up over 15% due to supply-chain issues.
For Some, Smart Homes May Be Too Smart
Is the TV listening to me? Could a company get hacked and leak my doorbell videos? Smart devices make life easier but also make some people uncomfortable.
NAR 4Q: Most Metros Saw Double-Digit Price Growth
While 67% of metro areas in NAR’s 4Q report saw double-digit price growth, it’s down a bit from 78% in 3Q; two Fla. metros rank at the top for rising prices.
Valentine’s Day: Love Is Alive but Marriages Dip
Love and marriage once drove home sales, especially for first-time buyers, but a survey finds 1 in 3 buyers today (31%) is single – 41% for adults age 18 to 34.
Cancellations: Some Contracted Buyers Losing New Homes
Some Fla. buyers signing a contract for a newly constructed home are being forced to pay a higher amount later or, in some cases, seeing their contracts cancelled.