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ZG News and Press, Zillow Group Inc. From 05/30/24

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Company Name: Zillow Group Inc.
Stock Symbol: ZG
Market: NASDAQ
Website: zillowgroup.com

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ZG - Phoenix is named Zillow's best market for the class of 2024

Phoenix is named Zillow's best market for the class of 2024 PR Newswire Zillow analyzed rent affordability, job openings and the number of residents in their 20s to come up with this year's ranking of the best markets for new college grads Phoenix , Albuquerque, Co...

ZG - Black homeownership rate rises, but hasn't returned to 2004 level

Black homeownership rate rises, but hasn't returned to 2004 level PR Newswire The gap between Black and white homeownership rates closed over the pandemic, but disparities remain Nearly 1 in 4 Black mortgage applicants are denied, versus 1 in 10 white applicants. C...

ZG - Zillow providing open-source technology to promote fair housing in AI-powered real estate conversations

Zillow providing open-source technology to promote fair housing in AI-powered real estate conversations PR Newswire Zillow has created the Fair Housing Classifier for large language models (LLMs) to help others in real estate, civil rights and technology sectors safeguard AI-p...

ZG - Zillow Group: Multiple Growth Catalysts, But Slowdown In Residential Is A Concern

2024-05-18 04:58:48 ET Summary Zillow Group's 1Q24 earnings beat estimates, with revenue growing 13% to $529 million. The company has three major growth catalysts: agent solutions, expansion into new markets, and a strong Rentals segment. The potential slowdown in the Resident...

ZG - Florida, Texas rank best for home buyers in new Zillow index

Florida, Texas rank best for home buyers in new Zillow index PR Newswire Inventory and new listings are rising nationwide, while price cuts hit a seasonal high point Zillow's new market heat index shows seven of the top 10 markets for buyers are in Florida or Tex...

ZG - New Zillow Home Loans tool addresses home buyers' biggest concern: affordability

New Zillow Home Loans tool addresses home buyers' biggest concern: affordability PR Newswire BuyAbility, an innovative new tool from Zillow Home Loans, combines real-time mortgage rates with a buyer's credit score and income to determine a home price comfortably within budget ...

ZG - What The Fed Might Do After April 2024's Inflation Report

2024-05-12 11:41:48 ET Summary Investors are focused on the Dow Jones winning streak and are ignoring the upcoming CPI report for April 2024, scheduled for release on Wednesday. The CPI report will provide insight into the Federal Reserve's potential interest rate policy. Ener...

ZG - I Finally Decided to Cut My Losses and Sell This Stock -- Here's Why

2024-05-10 06:21:00 ET I bought Zillow (NASDAQ: ZG) (NASDAQ: Z) about three years ago, and since that time the stock is down by more than 60%. Even at the cheaper valuation, I'm inclined to believe that major changes in the real estate market give the stock more downside risk th...

ZG - 44% of adults would buy their childhood home today if they could afford it

44% of adults would buy their childhood home today if they could afford it PR Newswire Bowling alley, anyone? Zillow survey finds 98% of adults still pine for at least one feature of their childhood dream home Nearly two-thirds of Americans born in the 1980s (62%) and ...

ZG - New York City rents grew seven times faster than wages last year, tightening affordability crunch

New York City rents grew seven times faster than wages last year, tightening affordability crunch PR Newswire Rents have outpaced wages in nearly 9 out of 10 major metros since 2019 Since 2019, U.S. rents have grown 30.4%, while wages have grown 20.2%. Rents have outpa...

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