With Zillow Out, Will Other iBuyers Call It Quits Too?

Reuters
Chinese city Zhengzhou tells state-owned company to buy second-hand homes to reduce new housing inventories
China's central city of Zhengzhou has asked residents to sell their second-hand homes to a local state-owned company and buy new ones instead, in a bid to reduce new-home inventories and boost the local property sector. Local state state-owned company Zhengzhou Urban Development Group Co. will buy 500 second-hand homes from April 20 to June 30, according to a notice released by the Zhengzhou Real Estate Association on Monday. Most of China's small and medium-sized cities have suffered frail property markets, with the entire property sector in a liquidity crisis since a crackdown on high leverage on developers in 2021.
2 minutes ago
The Canadian Press
Parker wins major league debut and García hits 3-run homer as Nationals beat Dodgers 6-4
LOS ANGELES (AP) — Mitchell Parker won his major league debut and Luis García Jr. hit a three-run homer, his first of the season, as the Washington Nationals defeated the Los Angeles Dodgers 6-4 on Monday night. García went opposite field with two outs in the fifth inning against Tyler Glasnow (3-1), who issued a two-out walk to Joey Gallo one batter before. Los Angeles manager Dave Roberts said Glasnow wasn't feeling well. The Dodgers celebrated the 77th anniversary of Jackie Robinson breaking
4 minutes ago
BBC
Pakistan: Lightning and unusually heavy rain kill dozens
Authorities have also warned of landslides and flash floods in the coming days.
6 minutes ago
Simply Wall St.
Exploring The Risks Of This Indian Company With A 3% Dividend Yield
In the pursuit of steady income streams, many investors are drawn to dividend stocks in India. However, it's crucial to evaluate the sustainability of these dividends. A high payout ratio might appear appealing at first glance but could indicate potential financial difficulties for the company, making it a less reliable investment choice. In this article, we will explore two such companies—one that offers an attractive dividend yield and another that investors might consider avoiding due to...
8 minutes ago
BBC
'New law still won't clear my sub-postmaster dad'
The daughter of a late sub-postmaster convicted of fraud is angry his name will not be cleared.
8 minutes ago
MLB.com
Giants vs. Marlins Highlights
Jung Hoo Lee and the Giants take on Edward Cabrera and the Marlins on Jackie Robinson Day, April 15, 2024
9 minutes ago
Simply Wall St.
An Intrinsic Calculation For Mitie Group plc (LON:MTO) Suggests It's 43% Undervalued
Key Insights Using the 2 Stage Free Cash Flow to Equity, Mitie Group fair value estimate is UK£2.09 Current share price...
10 minutes ago
BBC
Stroke surivivor to walk London Marathon
A Northamptonshire man is set to walk the London Marathon 14 years after nearly dying from a stroke.
10 minutes ago
Storyful
Timelapse Footage Shows Hundreds of Golden Retrievers at Boston Marathon Meetup
Hundreds of golden retrievers gathered for the second annual Golden Strong event on Sunday, April 14, a day ahead of the Boston Marathon.The event was held in honor of Spencer and Penny, dogs known for supporting runners, after their deaths from cancer last year.Footage recorded by photographer Arthur Mansavage shows a timelapse of the golden retrievers and their families walking together in the Boston Commons.According to the organizers, MA Golden Meetups, roughly 600 people and 350 golden retrievers attended the event at Boston Common. The gathering raised money for Morris Animal Foundation’s research on hemangiosarcoma “with hope that someday the golden breed will no longer be plagued by cancer like it is today,” the organizers said. Credit: Arthur Mansavage via Storyful
10 minutes ago
BBC
Rocket House in Cromer £1m investment a 'monumental mistake'
A council agrees to fix a damp problem in an RNLI museum but opponents call it a "foolhardy" scheme.
14 minutes ago
BBC
Northampton hotel donates furniture to SSAFA armed forces charity
Beds, tables and other furniture is being reused after a successful Dragon's Den-style pitch.
16 minutes ago
BBC
Acle residents consulted over proposed council tax rise
People are being asked whether they back a £17 annual increase to fund the rebuild of a pre-school.
18 minutes ago
BBC
Peterborough Cat Rescue is able to deal only with emergencies
Unneutered animals fighting, spreading disease and costing owners money, says Peterborough group.
18 minutes ago
BBC
Kidnap accused was 'just a tourist from China'
Tianfu Guo, 35, has told a court he was sightseeing and not part of a plot to kidnap a businessman.
19 minutes ago
Evening Standard
London travel news LIVE: Stansted Airport travel chaos as do not travel warning issued on trains from Liverpool Street
Holiday goers are being warned to not travel by train to Stansted Airport as a fallen tree has damaged overhead wires. Trains are unable to run between Broxbourne and Bishops Stortford, Stansted Airport and Cambridge due to the issue, hitting some services from London Liverpool Street. Trains were brought to a standstill between Liverpool Street and Enfield Town / Cheshunt / Chingford while TfL deals with an obstruction on the over head wires at Walthamstow Central.
20 minutes ago
BBC
Peterborough Men United in Song for prostate cancer concerts
"We're not looking for the next Gary Barlow - just enjoy the challenge of singing," says its director.
21 minutes ago
BBC
Church abuser forgiven by Christian singer
Singer Matt Redman says forgiveness is a part of the Christian faith
21 minutes ago
Reuters
GLOBAL MARKETS-Asian shares slide on US rate cut rethink, Middle East worries
Asian stocks sank and the dollar climbed to more than five-month highs on Tuesday as stronger-than-expected U.S. retail sales for March further reinforced expectations that the Federal Reserve is unlikely to be in a rush to cut interest rates this year. Geopolitical tensions in the Middle East kept risk sentiment in check, lifting prices of gold and oil, while data showed China's economy grew 5.3% in the first quarter year-on-year, easily beating analysts' expectations. While the GDP data from China was a welcome sign for policymakers, a raft of March indicators released, including property investment, retail sales and industrial output showed that demand remains weak, weighing on investor sentiment.
21 minutes ago
BBC
Stevenage cat burglar Tofu on a tidy-up mission, says his owner
Stevenage cat Tofu brings home rubbish he finds elsewhere as "gifts" for his owner.
22 minutes ago
BBC
British and Irish Lions women: £3m fund aims to ensure first women's team is more than just England
The British and Irish Lions hope "levelling up" money can spread representation on first women's tour.
24 minutes ago

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