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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

News

Zillow Group Reports Third-Quarter 2023 Financial Results

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Zillow Group reports positive growth despite a 14% decline in the residential real estate industry. Q3 revenue was $496 million, up 3% YoY. Rentals revenue increased by 34%, driven by multifamily revenue growth of 42%. Mortgages revenue decreased by 8%. Net loss was $28 million. Q3 Adjusted EBITDA was $107 million, $30 million above expectations. Zillow announced an agreement to acquire Follow Up Boss for $400 million in cash.
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Zillow Group to acquire Follow Up Boss, an industry leader in customer relationship management

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Zillow Group has agreed to acquire Follow Up Boss, a customer relationship management (CRM) system for real estate professionals. The acquisition will allow Follow Up Boss to invest further in improving its product offerings while remaining an independent brand. Zillow Group will continue to support third-party CRM integrations on the Zillow Premier Agent app. The acquisition purchase price includes $400 million of initial cash consideration and up to $100 million in a potential cash earnout.
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Nearly 70% of prospective buyers would buy a haunted house if it checked all their boxes

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Zillow survey finds 35% of prospective buyers would buy a haunted house if it cost less
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Zillow unveils a new look for property pages, their biggest redesign in 5 years

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Zillow launches an update to improve the look and feel of for-sale property listings on its website and app.
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More couples turning to wedding registries for help buying their first home

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Zillow Home Loans and The Knot find that the share of couples including 'home funds' in their wedding registry has increased 55%. Nearly 20% of all couples registered on The Knot are asking for help with the down payment on their first home.
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Brutalism, sensory gardens top Zillow's 2024 hottest home trends

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Zillow identifies emerging home trends for 2024
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Home values start to slip as market's summer heat fades

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Competition is slowing faster than normal as fall sets in
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Search by school on Zillow makes house hunting as easy as ABC

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Zillow launches 'search by school' feature on app
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Zillow Group to Announce Third-Quarter 2023 Results Nov. 1

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Zillow Group to release Q3 2023 financial results and host conference call
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U.S. housing value has surged, gaining more than $2.6 trillion in the past year

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The U.S. housing market has rebounded impressively in 2023, with a total value of $52 trillion, $1.1 trillion higher than the previous peak. New home construction has been the main driver of growth. Florida has surpassed New York as the state with the second-most-valuable housing market. California remains the top state with over $10 trillion in housing market value.
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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.

Stock Z logo
Zillow Group, Inc. Class C Capital Stock

Nasdaq:Z

Z Rankings

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

Z Stock Data

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