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Zillow Promotes SVP Jun Choo to Chief Operating Officer

Zillow Promotes SVP Jun Choo to Chief Operating Officer

by Phil Hall | Nov 15, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Zillow Group Inc. (NASDAQ: Z and ZG) announced the promotion of Jun Choo to chief operating officer (COO). In addition to Choo’s appointment, Zillow announced the departures of Susan Daimler and Matt Daimler, president of Zillow and senior vice president of...
Study: One-Third of Property Managers Offer Concessions on Rental Housing

Study: One-Third of Property Managers Offer Concessions on Rental Housing

by Phil Hall | Aug 12, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new study from Zillow Group (NASDAQ: Z, ZG) found 33.2% of rental listings on the Zillow platform offer concessions such as free weeks of rent or free parking as an incentive to attractive prospective tenants. This is up slightly from 33% in June and 25.4% one year...
Zillow Promotes Jeremy Wacksman to CEO

Zillow Promotes Jeremy Wacksman to CEO

by Phil Hall | Aug 8, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Zillow Group, Inc. (NASDAQ: Z, ZG) has promoted Chief Operating Officer Jeremy Wacksman to CEO and appointed him to its board of directors. Wacksman joined Zillow from Microsoft in 2009 and held multiple positions including product leader and chief marketing officer...

Market Snapshot: Today’s Rental Housing Market

by Phil Hall | May 7, 2024 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

Three new data reports offer greater insight regarding the state of today’s rental housing market. Rents have outpaced wages in 44 of the 50 largest metros since 2019, according to data from Zillow Group (NASDAQ:Z, ZG). Over the last five years, U.S. rents have grown...
Zillow: New Listings Up 21%

Zillow: New Listings Up 21%

by Phil Hall | Mar 14, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Zillow Group (NASDAQ:Z, ZG) reported new listings of existing homes on its platform were up 21% year-over-year in February, which followed a 20% annual uptick in January. Zillow noted new listings were up from one year ago in all of the nation’s 50 largest metros,...
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