Redfin Is Upbeat About This Year. So Is Wall Street.

Text size Redfin reported a smaller earnings loss than expected for the fourth quarter and full year. Elijah Nouvelage/Bloomberg Redfin has reported a smaller-than-feared earnings loss. Analysts respo...

Redfin and Zillow Stock Slide Shows Possible Shift in Home Listings Landscape

Text size Redfin’s stock fell 8.5% on Wednesday. Stephen Brashear/Getty Images for Redfin Shares of real estate companies Redfin and Zillow Group fell on Wednesday after news of a potential shakeup in...

Buy Zillow stock now to profit from ‘brighter environment’ next year, UBS says

Investors should buy Zillow Group Inc. now, UBS says, even if they have to wait a year before the U.S. housing market starts improving. Analyst Lloyd Walmsley initiated research coverage of the online...

Is the Housing Market Headed for a Big Crash? What’s Ahead for Real Estate.

Todd Clark and his wife, Jocelynn Wilde-Clark, have lived through the ups and downs of the housing market in the time of pandemic. In the summer of 2021, as Covid produced frenzied home buying, the co...

Opendoor Vents the Roof – WSJ

Zillow’s decision last year to jump out of this burning house is suddenly looking kind of smart. Opendoor Technologies said Thursday that its automated home-flipping business sold 33% more homes than ...

Zillow sees peak rent growth as over, but that isn’t what the Fed’s tracking

A look at Zillow Group’s closely followed rent index shows that last year’s roughly 17% yearly surge in rental prices was probably the peak, with the rate of increases dramatically receding in the pas...

Shorting Zillow Is Your Best Bet in Housing This Year

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Zillow is almost done selling homes, but stock slumps as the hard part is still to come

Zillow Group Inc. is almost done selling all the homes it bought in a flurry that led to a flameout of its iBuying business, but its plans for the future led to shares plunging in extended trading Thu...

Buy Opendoor Stock. The iBuyer Is a Bargain.

Opendoor has more than doubled the number of metro markets in which it operates, to more than 50, since 2021. Courtesy of OpenDoor Text size When Zillow Group abandoned its online buying of homes in N...

Gen Z will be the richest ever

Children born between 1995 and 2010 will be the richest generation ever. By 2031, Gen Z will surpass the earnings of the Millennials and in the following years will multiply the figure fivefold. The b...

Is the Housing Market Slowing Down? Takeaways From Real Estate Earnings.

Several housing metrics due this week are expected to show signs of a slowdown. That sentiment has also been echoed in recent comments from real estate technology companies on earnings calls. Affordab...

The 2023 Z Proves Nissan Still Knows How To Make Great Sports Cars

2023 Nissan Z first drive Sam Abuelsamid Right up until Nissan unveiled the Z Proto “concept” in September 2020, there was a great deal of uncertainty among enthusiasts and fans of the Z about whether...

Zillow Stock Tumbles After Selling More Homes Than Expected. Here’s Why.

Text size Zillow says it has 1,300 homes left in its inventory, most of which have sold or are in agreement to be sold or disposed. Courtesy of Zillow Faster-than-expected home sales in Zillow’s iBuyi...

Stocks Are Struggling After Earnings. Nvidia, AMD, and Others That Could Soar.

Text size Stock in Advanced Micro Devices has plunged this year. Dreamstime The latest corporate earnings news isn’t giving stocks a lift, but it is still possible to find shares that can jump in resp...

Gen Z: the report on lifestyle and financial habits

A report by Thunes on Gen Z (or Zoomers) consumers between the ages of 16 and 24, reveals the lifestyle, shopping and financial habits of the most digitally savvy and most populous generation on the g...

‘Mortgage rates are likely to push toward 5% before the end of the year’: Rates soar to highest level in over 3 years, putting pressure on home buyers

Mortgage rates are racing toward 5% as the Federal Reserve’s expected trajectory for future rate hikes becomes clearer. The average rate on a 30-year fixed-rate mortgage was 4.42% as of the week endin...

Online Real Estate Isn’t Worth the Chance

You can make a lot of money on physical real estate right now, but recent results from major online real-estate players show 2022 isn’t the year to play Monopoly in the stock market. The carnage isn’t...

Redfin Stock Sinks. This Analyst Is ‘Throwing in the Towel.’

Text size Stephen Brashear/Getty Images for Redfin Shares of Redfin were falling sharply Friday after the online real estate brokerage said it expected a first-quarter loss wider than analysts’ estima...

These 3 Funds Invest Like ARK But Didn’t Fall as Far

Just one year ago, the innovation-focused exchange-traded funds from Cathie Wood’s ARK Invest were some of the hottest on the market, thanks to their spectacular rise in 2020. Now, they’ve collapsed b...

Zillow Is Betting on a Housing Super App. What Wall Street Thinks.

Text size Zillow Group announced plans to shut down its home-flipping business in November. Chris Goodney/Bloomberg Zillow ‘s spectacular decision to shut down its home-flipping business last year has...

Zillow’s lost more than $230 million in its iBuying fire sale, but the stock is still surging

Three months after a home-flipping initiative imploded in an embarrassing public display, Zillow Group Inc. reported record revenue from selling the underwater homes Thursday and predicted big sales a...

Roaring U.S. housing market may cool, keep climbing as Fed ends emergency support

U.S. home prices roared almost 20% higher in the past year, giving families who own properties a major boost to their finances during the pandemic. But Wall Street, a key source of home mortgage finan...