STOCK TITAN

Zillow Group, Inc. Class C Capital Stock - Z STOCK NEWS

Welcome to our dedicated page for Zillow Group Class C Capital Stock news (Ticker: Z), a resource for investors and traders seeking the latest updates and insights on Zillow Group Class C Capital Stock stock.

Zillow Group, Inc. (Nasdaq: Z and ZG) is a pioneering American tech real-estate marketplace company, founded in 2006, that revolutionizes the way people buy, sell, rent, and finance homes. Headquartered in Seattle, Zillow is the most visited real estate website in the United States, providing an on-demand experience with transparency and ease. The company generates revenue primarily through advertising on its platform and has partnered with over 180 newspapers nationwide as part of the Zillow Newspaper Consortium, extending its market reach locally.

Zillow Group combines innovative technology with high-quality service, working closely with real estate agents, brokers, builders, property managers, and landlords. The company offers a comprehensive suite of brands including Zillow, Trulia, StreetEasy, Hotpads, Zillow Rentals, Zillow Home Loans, ShowingTime+, Spruce, and Follow Up Boss.

In recent news, Zillow's data analysis has highlighted key insights for home sellers and buyers. For instance, homes listed in the first two weeks of June have sold for 2.3% more on average, providing a significant boost to typical U.S. home prices. The company also found that homes featuring elements inspired by TikTok trends, such as plant ledges and rounded corners, sell faster. Moreover, Zillow's research indicates a rise in

Rhea-AI Summary
New listings rose 4% in August, giving buyers more new choices. Appreciation eased off the gas, rising just 0.2% from July to August after stronger earlier showings. Sellers listed nearly 350,000 homes for sale across the U.S. in August, about 4% more than in July. The slight upward bump helped to halve an annual deficit in new listings, from -26% year over year in July to -13% in August. Total inventory also ticked up in August, rising 2.2% from July. The typical U.S. home value climbed 0.2% from July to August — a marked cooldown after red-hot monthly appreciation in the spring and early summer. Home values climbed month over month in 32 of the 50 largest metro areas in August, led by Hartford, Buffalo, San Diego, Cleveland, and Providence. Values fell from July to August in 12 major metro areas, most notably in New Orleans, Austin, San Antonio, Denver, and Dallas.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.43%
Tags
none
-
Rhea-AI Summary
Zillow partners with Homesite to offer renters insurance through its app and website, simplifying the process for renters
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.83%
Tags
none
-
Rhea-AI Summary
More than 4 out of 5 prospective home buyers consider climate risks as they shop for a home, with flood risk being the major concern, according to new Zillow research. Younger home shoppers, particularly millennials and Gen Z, are more likely to consider climate risks when deciding where to buy a home.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.27%
Tags
none
Rhea-AI Summary
Zillow Home Loans introduces 1% Down Payment program, reducing down payment time and increasing access to housing market
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.16%
Tags
none
-
Rhea-AI Summary
Zillow research shows share of first-time buyers at highest level in years
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.36%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.48%
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.42%
Tags
-
Rhea-AI Summary
Zillow and Redfin have formed a strategic partnership to automatically syndicate home builders' listings and communities, expanding the visibility of new-construction homes to potential buyers. In June 2023, new single-family home sales were up 23.8% from a year ago, indicating the growing prominence of new construction. The partnership allows Redfin customers to explore a broader range of new-construction homes for sale, creating a seamless home-buying experience. Redfin will launch new features to help buyers discover new-construction communities and connect with home builders, powered by Zillow's Community pages.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.14%
Tags
partnership
-
Rhea-AI Summary
Zillow: Home Values to Continue Rising at Pre-Pandemic Rates
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.14%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.21%
Tags
none

FAQ

What is the current stock price of Zillow Group Class C Capital Stock (Z)?

The current stock price of Zillow Group Class C Capital Stock (Z) is $73.04 as of November 15, 2024.

What is the market cap of Zillow Group Class C Capital Stock (Z)?

The market cap of Zillow Group Class C Capital Stock (Z) is approximately 16.9B.

What does Zillow Group, Inc. do?

Zillow Group, Inc. is a tech real-estate marketplace company that facilitates buying, selling, renting, and financing homes with transparency and ease.

How does Zillow generate revenue?

Zillow generates revenue primarily by selling advertising on its website.

What brands are under Zillow Group?

Zillow Group's brands include Zillow, Trulia, StreetEasy, Hotpads, Zillow Rentals, Zillow Home Loans, ShowingTime+, Spruce, and Follow Up Boss.

What recent news is associated with Zillow?

Recent news includes data analysis on optimal home selling times, insights on home features that sell faster, and a rise in 'million-dollar' cities.

How is Zillow addressing housing discrimination?

Zillow includes information on down payment assistance programs and has tools like LGBTQ+ Local Legal Protections to help identify supportive jurisdictions.

What are some of Zillow's innovative technologies?

Zillow utilizes AI-powered listings, interactive floor plans, and immersive 3D tours to enhance user experience.

How does Zillow support home buyers and sellers?

Zillow connects users with digital solutions, dedicated partners, and agents, offering easier buying, selling, financing, and renting experiences.

What financial achievements has Zillow recently reported?

Zillow has reported strong revenue numbers and continues to outperform the residential real estate industry by expanding its market coverage.

How can sellers maximize their home sale price according to Zillow?

Zillow data suggests listing homes in the first two weeks of June can earn a 2.3% higher sale price. Highlighting trendy features can also speed up sales.

What is Zillow's approach to market trends and research?

Zillow conducts comprehensive market research to provide insights on home pricing, optimal selling times, and features that attract buyers.

Zillow Group, Inc. Class C Capital Stock

Nasdaq:Z

Z Rankings

Z Stock Data

16.92B
173.02M
5.58%
99.51%
6.26%
Internet Content & Information
Services-business Services, Nec
Link
United States of America
SEATTLE