Zillow Stock News

Investors are betting that a big Fed rate-cutting cycle will lower costs for homebuyers and loosen up the real estate market. Zillow would benefit from growing home sales volumes.

The Federal Reserve slashed the federal funds rate by 50 basis points last week, and there could be further cuts before the end of 2024. Companies tied to the real estate sector in addition to those sensitive to consumer spending could benefit.

Real estate brokers and online real estate marketplace stocks are surging in anticipation of the Federal Reserve interest rate cut cycle commencing, and investors are paying attention.

Zillow's stock rallied toward a more than two-year high Monday, as falling mortgage rates and rental revenue strength prompted Wedbush analyst Jay McCanless to turn bullish on the provider of real estate information and brokerage services.

Redfin (RDFN) stock price has gone parabolic since I wrote about it in August. It soared to a high of $14.5 on Friday, its highest level since August 2023 and 200% above its lowest level this year.

Zillow Group Inc. (NASDAQ:Z ) Goldman Sachs Communacopia + Technology Conference September 9, 2024 6:45 PM ET Company Participants Jeremy Hofmann - Chief Financial Officer Conference Call Participants Mike Ng - Goldman Sachs Mike Ng Great. Well, thank you, everybody.

SEATTLE , Sept. 3, 2024 /PRNewswire/ -- Zillow Group, Inc. (Nasdaq: Z and ZG), which is transforming the way people buy, sell, rent and finance homes, today announced that it will present at the Goldman Sachs Communacopia + Technology Conference on Sept.

Tulloss oversees Zillow's agent sales team, which provides real estate agents advertising and software solutions to power their businesses SEATTLE , Aug. 22, 2024 /PRNewswire/ -- Zillow Group, Inc. (Nasdaq: Z and ZG), which is transforming the way people buy, sell, rent and finance homes, today announced Soumya Tulloss has joined as senior vice president of agent sales, doubling down on the Com...