Real estate agents seeing ‘lowest supply in decades’: Tarek El Moussa
Host of HGTV’s ‘Flip or Flop’ Tarek El Moussa says it’s a difficult time to be a homebuyer but good time to be a seller.
After announcing in November that it would be quitting the business of iBuying and cutting 25% of its workforce, Zillow Group has unveiled a new growth strategy in the form of a "housing super app," a digital platform aimed at creating an easier and more streamlined moving process for customers.
ZILLOW GROUP INC.
"Anyone who has been through a move knows how challenging it can be to research, shop, select, finance, appraise, close and have to connect all these separate vendors and spend time taking down information and managing the process yourself," Zillow Group CEO Rich Barton told analysts on the company's fourth-quarter earnings call Thursday.
"Sometimes you do all of this and still end up losing out on your dream home, especially in this competitive market."
Moving can add up between $26,000 to $40,000 of extra expenses.