Chuck Costigan Real Estate

Call me for a private tour. 805-402-1749

Great neighborhood..Call or text for private tour 805-402-1749

Great House for sale..

If you're worried Zillow is taking over the real estate & mortgage biz: DON’T! On Wednesday Zillow Group’s stock tumbled after their real-estate listings company’s revenue forecast missed even the lowest analyst estimate and its second-quarter results raised fresh questions about the company’s foray into buying and selling homes.... The shares dropped 16.3% for a day, to $49.40. The wobbly 2nd-quarter results are an indicator of what to expect over the next 18 months as the company cuts its teeth on a new model & management gets pulled in new directions, Lloyd Walmsley, an analyst with Deutsche Bank, said in a note to investors. Zillow has expanded into the buying and selling of homes, and on Monday announced it’s acquiring Mortgage Lenders of America, a transaction that’s intended to streamline the process for buyers of Zillow-owned homes and create a new source of revenue for the company. More broadly, Zillow’s efforts at buying & selling homes have been misunderstood by people who have labeled it home-flipping, says Rascoff. Skeptics say it will take Zillow time to optimize the new business, while others contend that the entire model is flawed. The company’s disclosure that it’s taking longer than expected to close transactions indicates that sellers are shopping Zillow’s offers around to see if they can get a higher bid, said Steve Eisman, a managing director at Neuberger Berman Group who has a short position in Zillow shares, meaning he’s betting they will decline. I thought it was a horrible business, Eisman said in a Bloomberg Surveillance radio interview with Tom Keene on Tuesday. I take it back. It’s a business that is potentially disastrous. Adding a loan-origination unit probably won’t be enough to offset pressure on Zillow’s core business. The company’s main business involves selling advertising to real-estate agents which has been under attack by agents (and the companies employees) who brought a class action lawsuit against the advertising behemoth for unfair business and labor practices Walmsley of Deutsche Bank said he sees the move into mortgage origination pushing the business model into more uncharted territory. Zillow’s quarterly results revealed challenges in the company’s homes, rentals and agent businesses that are likely to limit investor optimism, Bank of America Merrill Lynch analyst Nat Schindler wrote in a note, downgrading the stock from buy to neutral

This property will be ready for August 1st move in...Call me for details

I have a new rental in Newbury Park coming to market for July 1st move in. 5 Bedroom 3 Bathroom 3 car garage with pool. For $4,100.00 per month. Call for details or showing..805-402-1749

Looking to buy a house in 2018.. Feel free to call me for any of your Real Estate needs. 805-402-1749

Check out this awesome formation of @lasdhq @lacofireops airships. #LAPD is constantly collaborating with other agencies to train and better serve our #communities Anthony Pecchi

Open house today. Come by and see this great property at... 949 El Segundo Drive Thousand Oaks.. 1-4 P.M.