Wall Street is using tech firms like Zillow to eat up starter homes
A Bloomberg News analysis of more than 100,000 property records shows that Zillow, Opendoor and Offerpad are selling thousands of homes to landlords backed by...
Zillow’s zeal to outbid for homes backfires in flipping fumble
Zillow's success at buying homes to flip has hit a snag. The company is now contending with a backlog of houses it needs to fix...
Judge strikes down CDC’s national moratorium on evictions. Here’s where Seattle, state moratoriums stand.
A federal judge said the Centers for Disease Control and Prevention exceeded its authority by issuing a broad moratorium on evictions across all rental properties....
Surge in mortgage rates erodes purchasing power for homebuyers
Even small changes in interest rates can have a big impact for buyers. The recent rise in interest rates from their historic lows is reducing...
Amazon considers relocating some employees out of Seattle
Amazon offering Seattle-based employees a choice of smaller offices outside the city suggests the COVID-19 outbreak and a new local employers tax have pushed the...
Empty hotels create $17 billion budget hole for local governments
A sharp decline in travel during the covid-19 pandemic will cost governments roughly $17 billion in revenue from taxes on hotel occupancy, corporate profits and...
Amazon’s new grocery store looks a lot like, well, a supermarket
In a Los Angeles strip mall, Amazon is working on the first in a new chain of grocery stores set to open this year. Amazon...