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Zillow Claims No Impact From Lawsuits, Google Initiative as Portal Posts 18% Revenue Growth

USA Real Estate News-RISMedia - Wed, 2026-08-05 19:32

Zillow Group reported an 18% increase in second-quarter revenue Wednesday, topping its high-end forecast even as the online real estate giant posted a narrow net loss over the quarter, just one day after announcing 500 layoffs companywide. The results outpaced the overall 6% growth in the U.S. real estate industry over the same period a…

The post Zillow Claims No Impact From Lawsuits, Google Initiative as Portal Posts 18% Revenue Growth appeared first on RISMedia.

ARA, Realtors® Celebrate Joint Advocacy Victory in Missouri

USA Real Estate News-RISMedia - Wed, 2026-08-05 15:24

Two state ballot initiatives in Missouri, focused on major changes to taxation and grassroots ballot measures, were both soundly defeated last night, as the state Realtor® association joined with the rival American Association of Realtors (ARA) to oppose the initiatives. Amendment 5 would have removed the state income tax but likely would have increased taxes…

The post ARA, Realtors® Celebrate Joint Advocacy Victory in Missouri appeared first on RISMedia.

Home Shoppers Pull Back as Rates Hit Highest Point in Over a Year

USA Real Estate News-RISMedia - Wed, 2026-08-05 13:03

Those shopping for a home or a refinance for a lower rate appear to be moving back to the sidelines this past week, as application activity for both has declined for a second consecutive week following mortgage rates rising to their highest point in more than a year.  The latest Market Composite Index from the…

The post Home Shoppers Pull Back as Rates Hit Highest Point in Over a Year appeared first on RISMedia.

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