Online Home Shopping Activity Signals Buyers Are Returning
Zillow Group, Inc. - Class A (ZG)
Last zillow group, inc. - class a earnings: 2/19 04:05 pm
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Source: PR Newswire
SEATTLE, April 22, 2020 /PRNewswire/ -- After a mid-March dip around the time the World Health Organization declared COVID-19 a global pandemic, a new Zillow® analysis shows renewed interest in the housing market as Americans adapt to this temporary normal, including in some U.S. markets that were most affected in the early days of the outbreak. Page views on for-sale listings on Zillowi and requests to be connected to a Zillow Premier Agent have ticked up in April, and both are higher than they were a year ago. Purchase mortgage applications, while still down 35% from a year earlier, are stabilizingii. Taken together, this suggests more buyers are considering a home purchase and agents, sellers and buyers are becoming more comfortable using virtual technology during the process while practicing social distancing. In early March, daily web traffic on Zillow -- measured for this analysis by page views on for-sale listings using a seven-day trailing average -- was trending somewhat high
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News
- Showcase listings on Zillow are more than just cutting-edge -- featured homes sell faster and for more moneyPR Newswire
- Home values rising fastest in costliest metrosPR Newswire
- Zillow Group, Inc. (NASDAQ: ZG) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $68.00 price target on the stock.MarketBeat
- Boomers in Pittsburgh are least likely to be locked-in by mortgage rates, among major metrosPR Newswire
- Zillow Group, Inc. (NASDAQ: ZG) had its "buy" rating re-affirmed by analysts at DA Davidson. They now have a $63.00 price target on the stock.MarketBeat
ZG
Earnings
- 11/1/23 - Beat
ZG
Sec Filings
- 4/16/24 - Form ARS
- 4/16/24 - Form DEFA14A
- 4/16/24 - Form DEF
- ZG's page on the SEC website