Zillow Group is a technology-driven real estate marketplace that facilitates the buying, selling, and renting of homes through its comprehensive online platform
The company empowers consumers with a wealth of data and tools to navigate the real estate process, offering property listings, home valuations, and various resources for both buyers and sellers. In addition to its primary focus on residential real estate, Zillow also provides services to industry professionals, including real estate agents and mortgage lenders, helping to streamline transactions and improve market access. By leveraging advanced technology and user-friendly interfaces, Zillow aims to simplify the real estate experience and connect individuals with their ideal homes.
A hotter-than-expected inflation report initially rattled markets on Wednesday morning, but investors found confidence to buy the dip, helping major indexes recover most losses by midday trading in New York.
Market indexes were mixed today, after seeing all the majors in the red before the opening bell. The Dow closed up +123 points, +0.28%, while the S&P 500 squeaked by +2 points.
According to TheFly, KeyBanc noted that the company’s segment-by-segment revenue build and analysis show potential upside to Street estimates even when assuming no improvement in existing home sales through 2026.