"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 ...

Group 1: Market Overview - The real estate market is currently experiencing a stalemate, with homeowners reluctant to sell and potential buyers deterred by high prices and mortgage rates [3][4] - The average home price in the U.S. is approximately $431,000, a 31.8% increase from the pre-pandemic average of $327,000, while mortgage costs have doubled in the same period [4][6] - The Federal Reserve's dovish stance and potential rate cuts in 2024 are expected to stimulate housing demand and normalize prices through increased inventory [2][4] Group 2: Zillow's Position - Zillow is projected to experience a 28.8% growth in earnings per share over the next twelve months, outperforming the industry average of 17.9% [6] - Zillow's stock is currently trading at 98.0% of its 52-week high, with a significant historical high of $208.1 reached in 2021 during a low-interest-rate environment [6] - Despite facing headwinds from high-interest rates and tight inventory, Zillow reported better-than-expected financial figures in Q3 2023, indicating resilience [6] Group 3: Investment Sentiment - Analysts suggest that Zillow is well-positioned to benefit from the anticipated housing demand boom, as new inventory needs to be connected with buyers [6] - The Vanguard Real Estate ETF has underperformed the S&P 500 by 18.2% over the past year, but showed a 6.0% outperformance in the last month, signaling a potential market turnaround [6] - Despite Zillow's strong fundamentals, it currently holds a "Hold" rating among analysts, with five other stocks being recommended as better buys [6]

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 ...

Analysis of 250 billion queries on Zillow reveal top search terms SEATTLE, Dec. 21, 2023 /PRNewswire/ -- After analyzing more than 250 billion search queries, Zillow® has compiled the top search terms for 2023, showing the wide range of desires and preferences among America's home shoppers.Earlier this year, Zillow introduced an AI-powered natural language search feature that lets home shoppers search for homes in a conversational way, similar to how they talk to family or friends. This search data provides ...

Zillow Group, Inc. (NASDAQ:Z) Q3 2023 Earnings Conference Call November 1, 2023 5:00 PM ET Company Participants Bradley Berning - VP of IR Rich Barton - Co-Founder and CEO Jeremy Hofmann - CFO Jeremy Wacksman - COO Conference Call Participants Bradley Erickson - RBC John Campbell - Stephens Inc. Lloyd Walmsley - UBS Ryan McKeveny - Zelman & Associates Vincent Kardos - Jefferies Ronald Josey - Citigroup Thomas Champion - Piper Sandler Operator Good afternoon. My name is Lauren and I'll be your conference ope ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION (Exact name of registrant as specified in its charter) _____________________________________________________ Washington 47-1645716 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 1301 Second Avenue, Floor 36, Seattle, Washington 98101 (Address of principal executive offices) (Zip Code) (206) 470-7000 (Registrant's telephone number, including area code) | Securities registered pursuant to Section 12(b) of the ...

Zillow Group, Inc. (NASDAQ:Z) Q2 2023 Earnings Conference Call August 2, 2023 5:00 PM ET Company Participants Bradley Berning - Vice President of Investor Relations Richard Barton - Co-Founder, Chief Executive Officer & Director Jeremy Hofmann - Chief Financial Officer Jeremy Wacksman - Chief Operating Officer Conference Call Participants Bradley Erickson - RBC Capital Markets Ronald Josey - Citigroup Mark Mahaney - Evercore ISI Ryan McKeveny - Zelman & Associates Thomas White - D.A. Davidson & Co. John Cam ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________________ FORM 10-Q _____________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-36853 ZILLOW GROUP, INC. (Exact name of registrant as specified in i ...

Zillow Group, Inc. (NASDAQ:Z) Q1 2023 Earnings Conference Call May 3, 2023 5:00 PM ET Company Participants Bradley Berning - VP, IR Richard Barton - Co-Founder, CEO & Director Allen Parker - CFO Jeremy Wacksman - COO Conference Call Participants John Campbell - Stephens Inc. Ronald Josey - Citigroup Bradley Erickson - RBC Capital Markets Jay McCanless - Wedbush Securities Thomas White - D.A. Davidson & Co. Ryan McKeveny - Zelman & Associates Operator Good afternoon. My name is Hannah, and I will be your con ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________________ FORM 10-Q _____________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-36853 ZILLOW GROUP, INC. (Exact name of registrant as specified in ...