Zillow has begun targeting customers who want to rent — or rent out — a room.The real estate website announced Thursday (Feb. 8) that its platform now gives users the option to search for or list individual rooms for rent.“This new listing type is particularly timely, as U.S. rents have surged nearly 30% since the pandemic, and a startling 50% of renters are now cost-burdened, spending 30% or more of their income on rent and utilities,” the company said in a news release. “Splitting costs with a roommate ca ...

Conference call to be webcast live at 2 p.m. PT / 5 p.m. ET SEATTLE, Jan. 22, 2024 /PRNewswire/ -- Zillow Group, Inc. (Nasdaq: Z and ZG) announced today it will release fourth-quarter and full-year 2023 financial results after market close on Tuesday, Feb. 13, 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. Information about Zillow Group's financial results, including a link to the live webcast and recorded replay, will be available o ...

Zillow's rent reporting program is rooted in the recognition of a significant gap in credit reporting. Despite renters in the U.S. spending hundreds of billions of dollars annually on rent, these substantial payments often aren't reported. Concurrently, Consumer Financial Protection Bureau data indicates that approximately 26 million Americans are "credit invisible," meaning they lack a history with major credit bureaus. Recent research by Zillow highlights the importance of this issue, particularly in Blac ...

About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...

Shares of Zillow Group Inc. were knocked lower Wednesday following a Wall Street analyst’s call to stop buying, saying prices already reflect a recovery in the housing market. BofA Securities analyst Curtis Nagle said uncertainties over lawsuits on the commissions paid out to real-estate agents could also pressure the online real-estate-services company’s stock in the coming months. The... Master your money. Subscribe to MarketWatch. Get this article and all of MarketWatch. Access from any device. ...

Zillow Group traded lower Wednesday after an analyst said he believes lower mortgage rates may not be enough to push the stock higher amid high home prices and legal headwinds. ...

Buffalo, New York's housing market will be the most competitive out of 50 major cities this year, according to projections from Zillow. The online real estate company said late last week that affordability and the level of new jobs per new home permitted helped the western New York city get the title of 2024’s anticipated hottest market. Buffalo home values being slated to remain "steady" contributed too, according to Zillow.The Buffalo area has seen homes worth $248,445 on average as of late, with residenc ...

"Housing markets are healthiest where affordable home prices and strong employment are giving young hopefuls a real shot at buying and starting to build equity," said Anushna Prakash, data scientist for Zillow Economic Research. "I'm cautiously optimistic that the housing market will get back on stable footing in 2024 — we shouldn't see the massive price spikes of the early pandemic or fast-rising mortgage rates of recent years."  This ranking of the nation's 50 most populous metros takes into account Zillo ...

Key PointsThe current real estate market stalemate is about to break into a new bull run for specific stocks.When it comes down to it, Zillow is the best-suited name to accommodate the de-bottlenecking. Growth projections suggest no other peer like it will benefit from the coming waves in 2024.5 stocks we like better than Zillow GroupIndustries that have stood the test of time are typically very reliable and provide an extended track record of success; what most people (and investors) need to prepare for is ...

Feverpitched Real estate website Zillow (NASDAQ:ZG) has evolved into an integrated real estate marketplace. Despite industry challenges, the company is innovating products and services to capture more of transaction values over time. The US housing market is experiencing a sharp cyclical correction but for long-term investors, Zillow offers an attractive risk-reward investment as housing recovers. The State of Housing The state of housing in the US is in bad shape. Existing home sales declined for 9 str ...