Zillow buys the MLS of the Hamptons

New York City isn’t enough for Zillow — it’s taking on the Hamptons too. Under its StreetEasy subsidiary, the real estate database company acquired prominent Long Island real estate portal Hamptons Real Estate Online, or HREO. Terms of the deal were not disclosed, according to Investopedia. As part of the acquisition, Zillow will also own […]

LA housing market bucks the national trend with even price growth on high and low end

From the Los Angeles website: Los Angeles’ most well-heeled homebuyers just can’t catch a break. While the average price of luxury homes is beginning to stabilize nationwide in comparison with entry-level homes, prices are sky-rocketing by almost identical margins in every segment of the L.A. market, from starter homes to sprawling mansions, according to a new […]

Zillow settles lawsuit with Move Inc.

From left: Errol Samuelson and Curt Beardsley Zillow Group is forking over $130 million to settle a lawsuit with competitor Move Inc. related to the alleged theft of trade secrets after Zillow hired away two former Move executives in 2014. Move and the National Association of Realtors filed a suit against Zillow in 2014, after […]