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Zillow Group Inc - Z STOCK NEWS

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

Zillow Group, Inc. (Z) is a leader in technology-driven real estate solutions, connecting millions with housing market insights, and digital transaction tools. This page serves as your definitive source for all official Zillow news, including press releases, financial updates, and strategic developments.

Access real-time updates on earnings reports, product innovations, and market expansions alongside analysis of Zillow’s role in advancing real estate technology. Investors will find essential announcements about leadership changes, partnership agreements, and operational milestones that shape the company’s trajectory in residential and rental markets.

Our curated collection includes updates on Zillow’s AI-powered platforms, brand ecosystem developments (including Trulia and StreetEasy), and regulatory filings. Whether tracking quarterly performance or exploring how Zillow integrates 3D home tours and predictive analytics into its services, this resource delivers actionable information for stakeholders at all levels.

Bookmark this page to stay informed on Zillow’s evolving strategies in property technology and its impact on modern real estate transactions. Visit regularly for unfiltered access to the announcements driving one of the sector’s most influential digital marketplaces.

News

Across 26 US metros, majority of people say they have experienced housing discrimination

Rhea-AI Summary
A recent Zillow survey revealed that 57% of respondents across 26 US metros have experienced housing discrimination, with LGBTQ+ individuals reporting the highest instances. Despite this, less than half of respondents see fair housing as important, indicating a need for increased education.
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Showcase listings on Zillow are more than just cutting-edge -- featured homes sell faster and for more money

Rhea-AI Summary
Zillow's new Showcase listings, powered by AI, are revolutionizing the real estate market by selling homes faster and for higher prices. According to Zillow data, Showcase listings are 20% more likely to secure an accepted offer within 14 days and sell for 2% more, translating to over $9,000 on average. These listings attract more views, saves, and shares, standing out with high-quality 3D tours and interactive floor plans.
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Home values rising fastest in costliest metros

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Home values are rising fastest in the costliest metros, with competition stiff for attractive listings. Seasonal home value growth is highest in West Coast tech hubs, while more than 1 in 5 sellers cut prices in March. Buyers in expensive metros are facing bidding wars and choices, leading to fast price growth.
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Zillow Group to Announce First-Quarter 2024 Results May 1

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Zillow Group, Inc. (Z) to release first-quarter 2024 financial results and host conference call.
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Boomers in Pittsburgh are least likely to be locked-in by mortgage rates, among major metros

Rhea-AI Summary
Zillow research reveals that Pittsburgh, Buffalo, and Cleveland have the highest percentage of homeowners without mortgages among the top 50 U.S. metros. Baby boomers are the least affected by rate lock, with 17% mortgage-free compared to 6% of millennials. Gen Z, with lower home equity, is expected to stay put. Boomer homeowners in Pittsburgh show resilience against high mortgage rates.
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Zillow names this year's best markets for first-time home buyers

Rhea-AI Summary
The Zillow analysis reveals St. Louis as the top market for first-time home buyers in 2023, with half of the top 10 markets located in the Midwest. First-time buyers constituted 50% of all home buyers last year, the highest share since 2017. Factors such as rent affordability, available listings, and competition levels determine the rankings. Zillow's Senior Economist highlights the challenges faced by first-time buyers but anticipates an easing of market conditions. The report emphasizes the importance of financial readiness and pre-approval for a home loan, with an increase in new listings expected to benefit buyers.
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The US has a record-high 550 'million-dollar' cities

Rhea-AI Summary
Zillow analysis reveals a record-high 550 'million-dollar' cities in the U.S. as home values rise due to low inventory. California leads with 210 such cities, followed by New York and New Jersey. Affordability challenges persist, but new listings are increasing, potentially driving prices higher.
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Tricked-out backyards can help homes sell for $10,000 more

Rhea-AI Summary
Zillow's latest research reveals that homes with trendy features like outdoor TVs and plant ledges can sell faster and for higher prices. New and modern amenities such as soapstone countertops and beverage centers are becoming more desirable, while older features like quartz counters are losing appeal. The study highlights the impact of specific home features on sale prices and speed, emphasizing the importance of keeping homes up-to-date to attract buyers.
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Concessions cool as spring rental season approaches

Rhea-AI Summary
Zillow's latest data indicates a shift in the rental market, with fewer concessions offered to tenants compared to the previous winter. Despite the decrease, the market remains more tenant-friendly than a year ago, with a 5.6 percentage point rise in concessions. The rental market shows signs of stabilization as the share of rentals offering concessions slightly dropped to 32.2% in February. Certain metros continue to lead with high concession shares, reflecting diverse strategies to attract tenants.
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Varo Bank Welcomes Allen Parker as Chief Financial Officer, Promotes Raktim Mitra to Chief Lending Officer

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Varo Bank, N.A. appoints Allen Parker as the new Chief Financial Officer and promotes Raktim Mitra to Chief Lending Officer, leveraging their extensive experience from companies like Zillow, Amazon, Goldman Sachs, and Lending Club.
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Zillow Group Inc

Nasdaq:Z

Z Rankings

#510 Ranked by Market Cap
N/A Ranked by Dividends

Z Stock Data

15.02B
220.64M
5.79%
94.72%
4.69%
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