Zillow

Zillow Group, Inc. engages in the provision of real estate and home-related information marketplaces on mobile and the web. It operates through the following segments: Internet, Media & Technology (IMT), Homes and Mortgages segment. The IMT segment includes premier agent, rentals and new construction marketplaces, as well as dotloop, display and other advertising and business software solutions. The Homes segment includes Zillow Group's buying and selling of homes directly. The Mortgages segment includes advertising sold to mortgage lenders and other mortgage professionals, mortgage originations through MLOA and the sale of mortgages on the secondary market, as well as Mortech mortgage software solutions. The company was founded by Richard N. Barton and Lloyd D. Frink in December 2004 and is headquartered in Seattle, WA.

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Zillow surpasses Q2 revenue targets, eyes market expansion for growth

Zillow's Q2 2024 performance exceeded expectations, driven by revenue growth across key segments.
The company's strategic focus on the Housing Super App and market expansion positions it for sustainable growth.
While challenges like customer transaction share exist, Zillow's strong performance and leadership changes signal a positive outlook.

Zillow reports robust Q3 earnings, eyes growth in rentals and mortgages

Zillow Group's Q3 performance reflects strong revenue growth and user engagement, supported by strategic initiatives in rentals, mortgages, and customer experience.
While challenges like cost management and market dynamics persist, Zillow remains optimistic about future growth opportunities and profitability.
By focusing on innovation, customer advocacy, and market positioning, Zillow aims to sustain its growth trajectory and drive value for stakeholders.

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Zillow Group, Inc. engages in the provision of real estate and home-related information marketplaces on mobile and the web. The company was founded by Richard N. Barton and Lloyd D. Frink in December 2004 and is headquartered in Seattle, WA.

Online real-estate listing service Zillow Group Inc. on Wednesday forecast second-quarter sales that were below expectations, as a stalled housing market weighs on first-time homebuyer demand and pushes some real-estate agents to the sidelines.

Zillow forecasts slower second quarter, amid caution among first-time buyers and agents

SEATTLE , May 1, 2024 /PRNewswire/ -- Zillow Group, Inc. (NASDAQ: Z and ZG), which is transforming the way people buy, sell, rent and finance homes, today announced its consolidated financial results for the three months ended March 31, 2024. Complete financial results for the first quarter and outlook for the second quarter of 2024 can be found in our shareholder letter on the Investor Relations section of Zillow Group's website at https://investors.zillowgroup.com/investors/financials/quarterly-results/default.aspx.

Zillow Group Reports First-Quarter 2024 Financial Results

Investors will watch for how—or whether—changes to commission rules will influence Zillow's future business.

Zillow's Sales Are Rising. Expect a Bigger Loss.

Zillow (ZG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Zillow (ZG) Beat Estimates Again in Its Next Earnings Report?

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Are These 4 Internet Services Stocks Poised to Hit Q1 Earnings Targets?

This could be the most valuable company in housing someday.

Zillow Stock: Everything You Need to Know

Compass

Offerpad Solutions

Redfin

Proptech stocks are having a bad year. Redfin (RDFN) stock price has crashed by over 62% this year while Offerpad (OPAD), Compass (COMP, and Zillow (Z) have plunged by over 26% and 27% this year.

Redfin, Offerpad, Zillow, Compass stocks are falling: here's why

Listing Showcase is an immersive, AI-powered listing experience available only on Zillow  SEATTLE , April 16, 2024 /PRNewswire/ -- Screen appeal is the new curb appeal, and homes with Listing Showcase — immersive, AI-powered listings available only on Zillow® — capture more views, sell for higher prices and sell faster than similar homes on Zillow with traditional online listings. New Zillow data shows that Showcase listings are 20% more likely to secure an accepted offer within 14 days compared to similar typical listings on Zillow.1 Homes listed with Showcase also sell for 2% more, a bonus of more than $9,000 on the average home.

Showcase listings on Zillow are more than just cutting-edge -- featured homes sell faster and for more money

Zillow (NASDAQ: Z ) stock is a hot topic on Wednesday as the real estate platform company's shares get updated coverage from Jefferies analysts. Jefferies analyst John Colantuoni updated his price target for Z stock from $70 per share to $75 per share.

Why Jefferies Is Pounding the Table on Zillow (Z) Stock

A March legal settlement will result in lower realtor commissions on future home sales. This is likely to hurt demand for Zillow's flagship advertising and lead-generation services.

Why Did Zillow Stock Fall 11% Last Month?

SEATTLE, April 8, 2024 /PRNewswire/ -- Zillow Group, Inc. (Nasdaq: Z and ZG) announced today it will release first-quarter 2024 financial results after market close on Wednesday, May 1, 2024. The company will host a conference call and webcast to discuss its results that afternoon at 2 p.m. PT / 5 p.m. ET.

Zillow Group to Announce First-Quarter 2024 Results May 1

Top markets for first-time home buyers offer affordable options and peers living nearby St. Louis is the top major market in the U.S. for first-time home buyers.  Half of the 10 best markets for first-time buyers are in the Midwest.

Zillow names this year's best markets for first-time home buyers

Commissions are getting a major overhaul, and it could affect Zillow in several ways.

Real Estate Commissions Are About to Plunge -- Should Zillow Investors Be Worried?

Zillow calls itself a “housing super app.” The stock has recently been hammered by fears over the freeing up of commissions, which help pay the bills.

Home Sales Are Stirring. Zillow Needs the Help—and Some New Ideas.

The NAR ruling on brokerage commissions has negatively impacted real estate stocks, including Zillow. However, Zillow has the potential to rebound as more home shoppers turn to a DIY approach and rely on the platform for their real estate needs. Zillow's broad portfolio of platforms, multiple routes to monetization, and strong Q4 results make it a promising long-term investment.

Zillow: Buy The Dip After The NAR Ruling

Zillow finds homes featuring TikTok trends, like plant ledges and rounded corners, sell nearly a week faster New Zillow research finds outdoor TVs, outdoor showers and outdoor kitchens can help homes sell for as much as 3.1% more than expected. Fresh features are replacing old favorites.

Tricked-out backyards can help homes sell for $10,000 more

Housing changed forever last week, and that's great news for Zillow.

Zillow Is Now in Pole Position in a $1 Trillion Market

Property managers' race to woo tenants eases, signaling a tighter market for renters this spring SEATTLE , March 20, 2024 /PRNewswire/ -- After a winter that saw nearly a third of rental listings offering tenants tempting concessions such as free months of rent or free parking, Zillow's latest data reveals the share of rentals offering perks may have hit its peak. The good news for renters is that the market is friendlier than it was a year ago, with the share of rentals offering a concession rising 5.6 percentage points.

Concessions cool as spring rental season approaches

RE/MAX Hld

The National Association of Realtors has reached a $418 million settlement to change the automatic commission to the buyer's agent. Home sellers can still choose to sell their homes themselves or negotiate fees with brokers.

Real Estate Stocks Just Got Decimated: What I'm Buying For The Rebound

The CE 100 Index lost 1.2% as the end of earnings season is in sight. Year to date, the Index has trailed several of the broader indices, as seen in the chart below.

CE 100 Index Gives Up 1.2%, Led by Zillow's Share Slide

Zillow fell hard after the NAR agreed to new rules changing the way realtors are compensated. The new rules could significantly reduce realtor commissions and force hundreds of thousands of realtors out of the business.

Why Zillow Group Stock Dropped Today

Stocks of a number of real-estate companies such as Zillow (Z), Redfin (RDFN), and Compass (COMP) fell Friday after the National Association of Realtors (NAR) announced a $418 million settlement that could have significant impacts on the U.S. residential real-estate industry.

Zillow, Redfin Among Real-Estate Stocks Falling After NAR Settlement

The National Association of Realtors announced a $418 million settlement to end antitrust lawsuits. The NAR agreed to a new set of rules, which will reset long-held standards on commissions.

Real estate stocks plunge as NAR agrees to landmark settlement that rewrites rules on commissions

Shares of Zillow Group, Redfin, and Opendoor were all falling in Friday trading.

Zillow and Other Real Estate Stocks Take a Beating. Here's Why.

Zillow (NASDAQ: Z) stock price has come under intense pressure. It plunged by more than 10% on Friday, reaching a low of $49.12, its lowest level since December 13th.

News for Zillow Stock (ZG)