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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 | News/Current 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 | Industry Updates, News/Current Events, 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 | Market Snapshot, News/Current Events, 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 | News/Current 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,...
Hits and Misses for the Real Estate Week of Jan. 29-Feb. 2

Hits and Misses for the Real Estate Week of Jan. 29-Feb. 2

by Phil Hall | Feb 2, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A $70 million settlement in a controversial lawsuit, a celebrity football player as a potential neighbor and a big win for gas stove lovers. From the wild and wooly world of real estate, here are the Hits and Misses for the week of Jan. 29-Feb. 2. Hit or Miss,...
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