|Bid||30.26 x 800|
|Ask||30.44 x 800|
|Day's Range||30.21 - 31.05|
|52 Week Range||26.38 - 51.47|
|Beta (3Y Monthly)||0.42|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||46.75|
SEATTLE, Sept. 19, 2019 /PRNewswire/ -- Zillow today announced partnerships with select homebuilders across the country to give home shoppers an easier and more convenient way to move into their dream home. Zillow is partnering with homebuilders in select Zillow Offers markets across the U.S. including Ashton Woods, Brookfield Residential, Fischer Homes, H&H Homes, Hartford Homes, Kerley Family Homes, M/I Homes, Mattamy Homes, Oakwood Homes, PulteGroup and Shea Homes. When home shoppers buy a new construction home from one of Zillow's homebuilder partners, they will have the opportunity to sell their existing home directly to Zillow, on their own timeline, through Zillow Offers.
After flatlining in the spring, quarterly home value growth has returned to a steady pace - The median home in the U.S. is worth $229,600 , up 4.9% from a year ago. Quarterly growth reached an annualized ...
NEW YORK, Sept. 19, 2019 /PRNewswire/ -- The NYC rental market continues to move in the opposite direction of the weakening sales market, with rents across the city rising at their fastest pace since 2016, according to the August 2019 StreetEasy Market Reportsi. The StreetEasy Rent Indexii rose in every submarket of Brooklyn, Manhattan and Queens, with the most significant increases in some of the most expensive areas in each borough. Monthly rents in the submarket rose $100 from one year ago, a sign that demand remains high for rentals in pricey areas, as would-be buyers decide to rent instead of buy.
In nearly every market, home buyers with lower credit scores stand to see the greatest savings from shopping around for the best mortgage rate -- Just because rates overall are historically low doesn't ...
Artificial intelligence in housing won’t just eliminate Realtors. It could completely change the way we buy, sell and live.
Rates spiked 0.4% last week, so is 2019 mortgage refi boom over? Let's take a look at where rates are, and where they might go as we move into Fall.
Home buying is expected to ‘move further out of reach’ as new home construction still hasn’t returned to pre-recession levels.
In a week that was otherwise light on market news, Apple (NASDAQ:AAPL) lit a fire under large-cap tech stocks Tuesday with its livestream. This Apple event is the annual ritual where Tim Cook dons the traditional dark sweater, gets onstage at the "Steve Jobs Theater," and presents the new product lineup.We saw the new hardware: the Apple Watch Series 5…the 7th generation iPad…and of course the iPhone 11, now with two or even three rear cameras!But Apple also had a little surprise for its competitors in the streaming media market:InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe new Apple TV+ will launch Nov. 1, two weeks before Disney+…and it will be quite affordable. At $4.99 per month, it'll undercut everyone on price.This was a direct shot at Netflix (NASDAQ:NFLX), which starts at $8.99 per month these days, and The Walt Disney Co (NYSE:DIS), which currently charges $5.99 per month for Hulu and will offer Disney+ for $6.99. (Or you can get it bundled with ESPN+ and Hulu Original for $12.99 per month.) * 10 Battered Tech Stocks to Buy Now This is a pretty aggressive strategy to help Apple TV+ compete in a well-established space where Netflix (for example) already has over 150 million subscribers and nearly 1,800 TV shows and 4,000 movies.Judging by the market reaction to the Apple event, Apple TV+ is a contender. On an otherwise flat trading day, AAPL stock gained 1.2%, while NFLX, DIS and especially Roku (NASDAQ:ROKU) sold off hard. Below you can see how things played out after the livestream of the Apple event began at 1 p.m. EST:Investors were perhaps wise to be selling DIS. Sure, sales are growing - and perhaps Disney+ preorders are helping, along with major moneymakers like "Avengers: Endgame." But operating margins certainly aren't. Disney's earnings stats are dismal as well, with analysts revising their projections lower. Here is the full Report Card for DIS from my Portfolio Grader:Netflix's advantage over the likes of Disney is that (like Apple) it is an innovator. It totally disrupted its market with a game-changing product, and today it invests heavily in original content. Meanwhile, Walt Disney Pictures is just churning out remake after remake. At Accelerated Profits we went with NFLX stock and cashed out a 122% profit, regardless of Disney+.The media market has become ultra-competitive, and the innovators will win out. Ultimately, as I've made clear in Growth Investor, we're a consumer-driven economy - and today's consumers want unique, high-quality content.It's telling that the reaction to the Apple event had more to do with content services than hardware: The new iPhone 11 with its slow-motion selfies ("slofies") got little fanfare, and ROKU stock has been outright rejected since Tuesday.Now, Roku still has the lead, similar to how Netflix got a big lead from being installed on new TVs. But I think Apple TV will succeed in capturing market share and take the 2 spot. Apple fanatics can now forego the Roku media player - but still get that same convenience: They can get a year of Apple TV+ for free by buying an Apple TV (or any other) device…and they can stream Apple TV+ on their phones.In fact, Apple has been transitioning its focus from Products to Services for quite some time.While iPhone is still its largest sales category, Apple's Services segment contributes roughly twice as much as the wearables, the Macs and even the iPads. Naturally, Apple wants to keep that gravy train rolling by offering Apple TV+ to boost revenue further (and make earnings more predictable). Services is already what's driving Apple's revenue growth.Even Apple's latest major innovation - the Apple Watch - may soon become a vehicle for this trend…if Tuesday's livestream is any indication. The Other Key Takeaway from The Big Apple EventThe hardware on the Apple Watch is pretty impressive. With last year's Series 4, Apple added a heart sensor that lets you take your own electrocardiogram (ECG/EKG); the Apple Watch will automatically notify you if there's anything unusual. Now with the Series 5, there's an always-on display - which you can see from almost any angle - and a built-in compass. The Apple Watch can place an emergency call for you in 150 countries, now, too.But most of the focus with the Apple Watch was on your quality of life. In this year's livestream Apple event, the presentation of the iPhone 11 was all about what it can do. But with the Apple Watch, it was what it can do for you.Tim Cook kicked it off with testimonial videos: We heard from an elderly man whose Apple Watch automatically dialed 911 (and his wife) during a heart attack…plus stories from young parents, in which their EKG readings and the Watch's baby-monitor app featured prominently.In this shot from the presentation, you see it's all about the apps as well:Source: Apple Special Event September 10, 2019 Now that you can track just about anything for your health… what Apple is really selling you here is your own data.From workouts to your sleep cycles, reproductive health, and even meditation, the amount of data these wearables can collect is staggering. And to fulfill their potential, the apps need "the mother of all technologies."Up until now, technologies have certainly made our lives easier and more efficient…but with a lot of room for human error. People trip over cords, spill their coffee, and get tired.Artificial intelligence (A.I.) does not.If A.I. sounds futuristic, well then, the future is already here. If you use apps like Netflix, TurboTax, QuickBooks, Zillow (NASDAQ:Z), or even an email spam filter, then A.I. is already helping your day run more smoothly and efficiently. And as scientists find even more applications for artificial intelligence - from healthcare to retail to self-driving cars - it's incredible to imagine how much data will be involved.To create A.I. programs in the first place, tech companies must collect vast amounts of data on human decisions. Data is what powers every A.I. system.So any one company that can help with customers' data issues - is the one company that's most worth investing in.You don't need to be an A.I. expert to take part. I'll tell you everything you need to know, as well as my buy recommendation, in Growth Investor. My 1 stock for the A.I. trend is still under my buy limit price -- so you'll want to sign up now; that way, you can get in while you can still do so cheaply.Click here for a free briefing on this groundbreaking innovation.Louis Navellier had an unconventional start, as a grad student who accidentally built a market-beating stock system -- with returns rivaling even Warren Buffett. In his latest feat, Louis discovered the "Master Key" to profiting from the biggest tech revolution of this (or any) generation. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Battered Tech Stocks to Buy Now * 7 Strong-Buy Stocks Hedge Funds Are Buying Now * The 7 Best Penny Stocks to Buy The post Apple Event: New Offerings Leverage the Little-Known Future of Tech appeared first on InvestorPlace.
Renters in Los Angeles, Boston, New York and Seattle are more likely to look in more affordable areas for homes and apartments than they were last year. SAN FRANCISCO , Sept. 12, 2019 /PRNewswire/ -- As ...
Home buying is expected to ‘move further out of reach’ as new home construction still hasn’t returned to pre-recession levels
The neighborhood social networking site increases its Series F funding round to close it out at $170 million and snags a high-profile VC along the way.
- A majority of economists and real estate experts surveyed by Pulsenomics and Zillow expect new single-family construction to remain below a 1 million-unit annual pace until 2022 or later. - The most popular ways to potentially increase supply are relaxing local review regulations for projects of a certain size, reducing mandatory minimum lot sizes and easing the land subdivision process. The rate of new housing starts will likely remain below historic averages until 2022 or later, according to a panel of economists and real estate experts.
SEATTLE, Sept. 9, 2019 /PRNewswire/ -- Zillow Group, Inc. (NASDAQ:Z) (ZG) announced today the closing of its previously announced private offering of its 0.75% convertible senior notes due 2024 (the "2024 Notes") and 1.375% convertible senior notes due 2026 (the "2026 Notes"). Zillow Group issued $600 million aggregate principal amount of its 2024 Notes and $500 million aggregate principal amount of its 2026 Notes. In addition, each of the initial purchasers have a 30-day option to purchase up to an additional $90 million aggregate principal amount of the 2024 Notes and a 30-day option to purchase up to an additional $75 million aggregate principal amount of the 2026 Notes.
Zillow Group hired Rian Furey as its first president of Zillow Home Loans, putting all Zillow’s mortgage businesses under one leader.
Furey joins a number of recent strategic hires to lead Zillow's growing mortgage business SEATTLE , Sept. 9, 2019 /PRNewswire/ -- Zillow Group, which is transforming the way people buy, sell, rent and ...
SAN DIEGO and SEATTLE, Sept. 9, 2019 /PRNewswire/ -- Starting today, home sellers in San Diego can use Zillow Offers to request a no-obligation cash offer from Zillow to buy their home. Zillow Offers is a new way to sell your home which aims to reduce the stress and uncertainty that typically goes along with selling. With Zillow Offers, home sellers simply upload information about their home on Zillow's website and within 48 hours will receive a preliminary cash offer from Zillow to buy their home.
SEATTLE, Sept. 3, 2019 /PRNewswire/ -- Zillow Group, Inc. (NASDAQ:Z) (ZG) announced today that it intends to offer, subject to market and other conditions, $500 million aggregate principal amount of its convertible senior notes due 2024 (the "2024 Notes") and $500 million aggregate principal amount of its convertible senior notes due 2026 (the "2026 Notes") in a private placement under the Securities Act of 1933, as amended (the "Securities Act"). Zillow Group also intends to grant to each of the initial purchasers of the Notes a 30-day option to purchase up to an additional $75 million aggregate principal amount of the 2024 Notes and a 30-day option to purchase up to an additional $75 million aggregate principal amount of the 2026 Notes. Zillow Group intends to use a portion of the net proceeds from the 2024 Notes and the 2026 Notes to pay the cost of the capped call transactions described below.
SEATTLE , Aug. 30, 2019 /PRNewswire/ -- Zillow Group, Inc. (NASDAQ:Z) (NASDAQ:ZG) today announced that on August 27, 2019 , the compensation committee of its Board of Directors granted equity awards to ...
The fintech M&A tsunami is rising. The lines between finance, software, and media will blur in the race to make people enjoy banking and real estate.
The typical rent is unaffordable for entry-level teachers in 49 of the 50 largest U.S. metros - The median market rate rent payment would take 46.8% of a typical starting teacher's salary, 35.6% of a mid-career ...
Zillow Offers is live in 16 metropolitan areas across the country with 10 more planned by mid-2020, and RedfinNow is live in seven cities. Neither company has plans to offer home-buying services in Seattle.
Report sets the foundation for measuring progress as the company accelerates its work to deliver a seamless real estate transaction experience SEATTLE , Aug. 22, 2019 /PRNewswire/ -- Zillow® Group, Inc., ...