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Shares of Zillow have dropped nearly 20% since Thursday as investors feared that lower commission rates for agents could lead to less business for the real estate platform.
Zillow reported $52 million in net losses for the quarter, an improvement over the $73 million it lost in Q4 2023 -- but still a loss. Losses for the full year likewise improved in comparison to 2023.
Zillow Group, Inc., or simply Zillow, is an American tech real-estate marketplace company that was founded in 2006 [4] by co-executive chairmen Rich Barton [5] and Lloyd Frink, former Microsoft executives and founders of Microsoft spin-off Expedia; Spencer Rascoff, a co-founder of Hotwire.com; David Beitel, Zillow's current chief technology officer; and Kristin Acker, Zillow's current ...
While Zillow economists expect national home prices to rise 6.5% over the coming 12 months, their forecast model predicts that 120 of the nation's 400 largest housing markets will see increases of ...
Real-estate tech giant Zillow announced on Tuesday that it will be exiting its home-flipping business, saying its business model to buy and sell homes rapidly did not work out as planned. See: 50...
The Postlets acquisition is addressed in the introduction to this subsection, which is intended to contextualize these deals as a reflection of Zillow's business model. After expanding the History section so much with my last request, I wanted to streamline these two sections and remove details that didn't feel significant, even in a historical ...
If this becomes the housing platform of the future, Zillow is still undervalued.
Trulia is an American online real estate marketplace which is a subsidiary of Zillow. It facilitates buyers and renters to find homes and neighborhoods across the United States through recommendations, local insights, and map overlays that offer details on commute, schools, churches and nearby businesses.