
Investor activity slows, still makes up 1 in 4 homes sold in US
New data from John Burns and Redfin shows that investor activity slowed toward the end of 2022 but still accounted for about a quarter of home sales. That's up from about 11 percent in 2001.
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After clamp down in Park City, Pacaso gets a big reprieve in Utah
A bill moving swiftly through Utah's Legislature would prevent cities and counties in the state from placing restrictions on co-owned homes. The reversal is a big win for Pacaso and its rivals.
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Can a mega-mansion in Paradise Valley bring in a record $75M?
The state's priciest-ever deal sold for $28.1 million in Scottsdale in June 2022, but with the lure of features like a metaverse room, a spa that generates snow and a lazy river, developers in Paradise Valley think they can get $75 million for an estate that's still in progress.
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Zillow gets vote of confidence from JP Morgan analysts
Analysts gave Zillow an "overweight" rating, which means they expect Zillow to outperform peer companies. The report also sets Zillow's share price target at $48 by December of this year.
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