Zillow says its ‘Housing Super App’ strategy is working
Zillow may be facing legal and Realtor Code of Ethics challenges from a variety of sources in and out of the housing industry, but executives feel strongly that the company’s “Housing Super App” strategy is paying off. “Our strong results and consistent execution demonstrate the durability of our s
Zillow promotes two SVPs as Hofmann adds COO duties
Zillow Group has restructured its executive ranks, expanding chief financial officer Jeremy Hofmann’s role to include chief operating officer, while appointing Cassandra “Sandi” Knight as its first chief legal and policy officer and promoting two senior vice presidents, according to an announcement
M/I Homes trades margin for market share as spec sales rise
M/I Homes is trading some margin for sales growth, speed, and market share. Pair that spec-heavy operating model with an asset-light finished-lot supply, and the returns could become considerably stronger. M/I Homes is making a contrarian bet at a time when much of the homebuilding industry is becom
First-Time Buyers Catch a Break As Affordability For U.S. Starter Homes Improves Slightly Faster Than Overall Market
Starter-home affordability is improving: The income needed to afford a typical U.S. starter home is down 1.5% from a year ago, marking eight straight months of declines as price growth cools. Affordability for entry-level homes is improving more than the overall market: The income needed to buy the
