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Is Amazon threatening to put a major dent in Home Depot’s business?

Posted by   /  August 17, 2017  /  Real Estate  /  No Comments

Despite strong earnings, stock drops Brena Swanson | Housingwire Even though it posted record results in its second-quarter earnings, Home Depot’s stock is still tanking on the market, according to a CNBC article by Bob Pisani. The main culprit behind the drop is the same company that’s threatening most markets: Amazon. Going into the earnings day, economists were positive on […]

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Zillow CEO responds to new competition from Facebook and Amazon

Posted by   /  August 11, 2017  /  Real Estate  /  No Comments

Zillow mortgages

By Brena Swanson | Housingwire As one of the largest, if not the biggest, players in online real estate listings, Zillow is watching its list of competitors rapidly grow with more and more companies eyeing the potential in the real estate market. Zillow may dominate the space right now, raking in $266.9 million in revenue in the second-quarter of 2017, but […]

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Amazon’s Whole Foods purchase may mean more brick-and-mortar retail options

Posted by   /  August 1, 2017  /  Real Estate  /  No Comments

by Melissa King | AZBigMedia Amazon’s recent acquisition of Whole Foods has prompted a new outlook on the classic brick and mortar structure. Online stores are now more actively seeking to gain presence in brick and mortar stores just as brick and mortar stores are seeking to have a bigger presence online Amazon’s $13.7 billion purchase of […]

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Amazon quietly reveals possible expansion into real estate

Posted by   /  July 13, 2017  /  Real Estate  /  No Comments

Creates “Hire a Realtor” webpage By Brena Swanson | Housingwire As shoppers scoured Amazon’s website on Tuesday for its annual Prime day deals, the online shopping giant quietly disclosed a new service coming soon to its users, which would embark into the world of real estate and turn it into a competitor with Zillow andRedfin. Tucked into the website’s Home and […]

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