How’s the Market? Zillow Wants All Properties Listed on the MLS

How’s the Market? Zillow wants all properties listed on the MLS

Recently, Zillow announced that it will exclude any properties that aren’t shared via the Multiple Listing Service. Zillow is the most popular real estate website of its kind in the U.S., offering online information and services related to selling, buying, renting, and financing real estate. It has more than 200 million unique monthly users, so when Zillow threatens to exclude certain properties, it’s a big deal. The Multiple Listing Service, or…

Luxury housing market slowed in April, Zillow reports

The luxury housing market lost momentum in April as financial uncertainty prompted many high-end buyers and sellers to hold off on transactions, according to a new report from Zillow. Defined as the top 5% of home values in each region, the typical luxury home in the U.S. is now valued at about $1.8 million. Despite a slowdown in market activity, prices have continued to rise, with luxury home values increasing 2.7% year over year — nearly doubl…