Full-Time
Online platform for real estate transactions
No salary listed
Expert
Austin, TX, USA
Realtor.com operates an online platform that connects real estate agents with homebuyers in the residential real estate market. For real estate agents, it provides resources such as industry insights, marketing strategies, and tools to enhance their business operations, including integration with the digital closing platform Qualia. Homebuyers can use Realtor.com to search for properties, connect with agents, and access information about the buying process. The company generates revenue through advertising and subscription services, allowing agents to pay for premium listings and advanced tools. Realtor.com differentiates itself by focusing on delivering valuable connections and insights to help both agents and buyers achieve their goals.
Company Size
1,001-5,000
Company Stage
Acquired
Total Funding
$27M
Headquarters
Santa Clara, California
Founded
1996
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Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Paid Holidays
Unlimited Paid Time Off
Family Planning Benefits
Tuition Reimbursement
Paid Volunteer Time Off
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Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. OpenAI CEO Sam Altman has been making headlines recently due to his company's $6.4 billion purchase of former Apple (NASDAQ:AAPL) design guru Jony Ive‘s devices startup, io. However, fledgling tech startups are not the only acquisitions Altman has been associated with recently. Billionaire Altman has been actively buying San Francisco real estate. According to TheRealDeal, Altman purchased three homes for $12.8 million each. All three are located next to another home owned by Altman — a historic six-bedroom, seven-bathroom Russian Hill mansion — purchased for $27 million in 2020
Jamie, 28, recently married her long-time boyfriend, Ben. They’ve always been careful with their money as a couple, sticking to a monthly budget and saving 15% of their salaries. They even opted for a small, simple wedding rather than racking up debt. Jamie and Ben rented a small one-bedroom apartment when they moved in together five years ago. It made sense at the time. They were just starting out in their careers and liked to have some extra money for dining out and entertainment
According to research from Realtor.com, almost 30% of homebuyers admitted that they would be more likely to buy a home during a recession, with 63.4% noting that they felt a recession was possible within the next year. For You: 5 Types of Homes Expected To Plummet in Value by the End of 2025 Read Next: Are You Rich or Middle Class? 8 Ways To Tell That Go Beyond Your Paycheck Advertisement: High Yield Savings Offers Powered by Money.com - Yahoo may earn commission from the links above. On the other hand, only 15.8% shared that they would be less likely to purchase a home during a recession. While it’s difficult to predict what will happen in the economy, the belief is that if the economy were to enter a recession, the Fed would have to respond by lowering interest rates, which could help with housing affordability concerns. Here are top reasons why it may make sense to buy a house when the economy is down. “Buying real estate in a downturn is one of the rare moments when the market tilts in favor of the buyer,” said Paul Carassone, real estate expert and co-founder of Carassone Properties
Is a mortgage rate in the 5% range the sweet spot for your home-buying budget?With mortgage rates remaining in the 6.5% to 7% range, most housing experts aren't expecting rates to move much lower through the end of this year. However, a major economic setback could trigger much lower mortgage rates.So, expect rates to be mostly unchanged. But prepare for 5% mortgage rates.Learn more: How to buy a house in 13 stepsThis embedded content is not available in your region.When will mortgage rates go down to 5%?What would trigger lower mortgage rates? Realtor.com chief economist Danielle Hale said it's a matter of time."The most likely catalyst is time. As time goes by, as you get closer to that 2% inflation anchor that the Fed is targeting, it would normalize the [federal funds rate], and it would normalize longer-term interest rates," Hale told Yahoo Finance. "The federal rate would probably get back into the 2.5% range or so, which is probably enough to bring long-term yields back around 4%, and that would probably put mortgage rates in the 5.5% to 6% range."However, the Federal Reserve continues to slow-walk rate cuts. The market isn't expecting it to lower short-term interest rates again until September at the earliest."You could get there faster if you were to have a recession," Hale added