Redfin is expanding its flipping business. The brokerage service announced that it is deepening its investment in Redfin Now, the service in which the company buys homes directly from sellers. Structured in the Inland Empire as “an experiment” in January 2017, Redfin Now has since expanded to San Diego, and recently into Orange County. How […]
Zillow Gets Into Flipping Houses
Zillow Group is getting into the business of buying and flipping homes, veering further from its original business model that relied on advertising revenue. Zillow said last Thursday it will purchase homes from consumers in Las Vegas and Phoenix, renovate them and aim to flip them within 90 days. The company initially plans to hold […]
CVAR At A Glance – February 22
Featured Classes and Events February 24 | Understanding the New Residential Purchase Agreement February 25 | Free Lunch & Learn – Help With Yelp February 26 | Understanding Living Trust & Title Issues March 4 | Free Cloud Stream Training New Member Benefit – MLS for Your Mobile Devices CVAR is offering MLS-Touch as a free […]
House Flipping: Déjà vu All Over Again
By Diana Olick at CNBC House flipping is always hottest when home prices are nearing a peak. That is not the case right now nationally, and so flipping has remained pretty stable overall … with two very glaring exceptions. Las Vegas and Miami. Sound familiar? They should. These two markets may well have been the […]