Zillow Group (NASDAQ: Z, ZG) has announced plans to lay off more than 500 employees. In a corporate blog post, CEO Jeremy Wacksman claimed the company was “grateful to every person who is leaving and we’re supporting them through this transition.” However, Wacksman...
Home prices rose in 80% of metro markets during the second quarter, according to data from the National Association of Realtors (NAR), with 5% of the metros recording double-digit price gains. This is up from 71% of metros in the first quarter The national median...
A new data report by Zillow (NASDAQ: Z, ZG) found more than 300,000 empty lots measuring 5 acres or smaller were listed for sale on its platform in June, which accounted for 17.4% of all listings. The Seattle-based brokerage added that if one home was built on each of...
The national housing deficit remained at 4.7 million units in 2024, rising by just 43,000 homes, according to a new Zillow report based on US Census Bureau data. Zillow attributed the steady deficit level to a homebuilding boom that increased the total number of...
A federal judge has rejected an effort by CoStar Group (NASDAQ: CSGP) to file an amicus curiae brief in the lawsuit between Zillow (NASDAQ: Z, ZG), Midwest Real Estate Data (MRED) and Compass International Holdings (NYSE: COMP). Judge John Tharp of the US District...
Barings Buys $66.2 Million Orange County Retail Center as Grocery-Anchored …
