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New data from real estate platform Zillow points to the Midwest as potentially the best region for buyers looking for a new home. Yahoo Finance reporter Dani Romero breaks down how the ranking is determined and outlines the most attractive markets for first-time homebuyers with affordability constraints.
Zillow (NASDAQ: Z ) stock is a hot topic on Wednesday as the real estate platform company's shares get updated coverage from Jefferies analysts. Jefferies analyst John Colantuoni updated his price target for Z stock from $70 per share to $75 per share.
A March legal settlement will result in lower realtor commissions on future home sales. This is likely to hurt demand for Zillow's flagship advertising and lead-generation services.
Spencer Rascoff, Zillow co-founder, joins 'Closing Bell Overtime' to discuss the state of the housing market as home prices remain elevated in a tight market.
Zillow calls itself a “housing super app.” The stock has recently been hammered by fears over the freeing up of commissions, which help pay the bills.
Zillow Group shares have slumped as realtors face an uncertain future after a settlement that could cut into the fees that Zillow and other real estate stocks receive. #zillow #realestate #redfin #realtor #investing #stocks
Zillow fell hard after the NAR agreed to new rules changing the way realtors are compensated. The new rules could significantly reduce realtor commissions and force hundreds of thousands of realtors out of the business.
Shares of Zillow Group, Redfin, and Opendoor were all falling in Friday trading.
Zillow Group, Inc. (NASDAQ:Z ) Morgan Stanley Technology, Media & Telecom Conference March 6, 2024 4:20 PM ET Company Participants Jeremy Hofmann - Chief Financial Officer Conference Call Participants Matt Cost - Morgan Stanley Matt Cost All right. Thank you so much everyone for being here.