The mortgage rate meltdown from the end of 2022 is showing up in home prices. The typical home in America saw its value fall by 0.1% in December, compared to the previous month, according to a new rep...
Tag: Zillow
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...
‘Only time will tell if September was the nadir:’ Zillow reports sharp home-value declines in these cities, amid grim outlook for U.S. housing market
Winter is coming, and the real-estate market is slowly coming to a standstill. According to a new report by Zillow Z, -1.63%, the typical home in the U.S. saw its value barely inch up between Septembe...
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 expects home values to rise in the next 12 months
From June 2021 to June 2022, home prices in the US rose roughly 18.8%, an increase much larger than any 12-month period that led up to the 2008 housing crash. Over the past few months, home prices and...
Home values in August saw their largest monthly decline since 2011. Some cities see house prices drop by 3%.
Home values are edging down as buyers remain spooked by high mortgage rates, according to a new report. The typical value of a home in the U.S. fell 0.3% in August from the previous month, according t...
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...
What the Zillow fiasco can teach homebuyers and sellers about property pricing
What the Zillow fiasco can teach homebuyers and sellers about property pricing If you’ve ever wondered what you could get for your home, you probably pulled up the real estate listing site Zillow to c...
Zillow stock opened 20% down on Friday: explained here
Zillow Group Inc (NASDAQ: ZG) stock opened nearly 20% down this morning on disappointing guidance for the current fiscal quarter. Its Q1 revenue, however, came in better-than-expected. Zillow Q1 earni...
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 making the biggest moves after hours: DoorDash, Zillow and more
A DoorDash sign is pictured on a restaurant on the day they hold their IPO in New York, December 9, 2020. Carlo Allegri | Reuters Check out the companies making headlines after the bell: Block — Shar...
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...
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...
Under Armour, Zillow, Affirm and more
An Under Armour shoe is seen inside of a store on November 03, 2021 in Houston, Texas. Brandon Bell | Getty Images Check out the companies making headlines in midday trading. Under Armour — The sports...
Under Armour, Zillow, Expedia and others
Check out the companies making headlines before the bell: Under Armour (UAA) – The athletic apparel maker reported an adjusted quarterly profit of 14 cents per share, doubling consensus estimates, wit...
Zillow, Expedia, Cloudflare and more
The Expedia homepage is displayed on laptop computers arranged for a photograph in Washington, D.C., U.S. Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines after the be...
Cathie Wood Focuses On Top Holdings In 4th Quarter
Summary Wood boosted Zoom and Roku during the quarter. She reduced her positions in Tesla, Zillow and Unity Software. Catherine Wood (Trades, Portfolio) disclosed her firm’s fourth-quarter 2021 portfo...
Will 2023 finally be a good year to buy a home? Read this before making a decision.
The housing market is nothing if not unpredictable. Mortgage rates have skyrocketed, and the market has taken a beating. But don’t expect 2023 to turn into a buyer’s market just yet, housing experts s...