Source: Bloomberg —
Company lost money on 42% of its August resales after it failed to anticipate slide in housing demand.
Home-Flipper Opendoor Hit With Losses in Echo of Zillow Collapse
Housing
Zillow Predicts Some Easing in Inventory and Affordability for 2024 Housing Market
Zillow (NASDAQ:Z, ZG) has looked into the near future of the U.S. housing market and is forecasting some improvements related to inventory and affordability options for buyers. “Inventory has been far below normal for a […]
Housing Wire
For Zillow, 2023 is the year of execution
Despite a $35 million net loss in the second quarter, Zillow saw a slight annual increase in revenue to $506 million, beating Wall Street’s estimates. As a result, the company’s executives told investors and analysts […]
Housing Wire
The Super App is here — and it’s called Zillow
In early 2022, real estate listing giant Zillow began discussing its visions for a “Housing Super App.” After initial confusion and skepticism over the app, Zillow’s vision has slowly become clearer. On Tuesday, roughly […]