Zillow (Z): Rate Cuts Expected to Boost Real Estate Sector
Higher demand for houses could raise prices and thus negate the benefit of lower interest rates
Zillow (Z): Rate Cuts Expected to Boost Real Estate Sector
Higher Housing Prices Ahead
Even if food and energy costs decline, rising rents could sustain inflation Is 6.2% a lot? That was the year-over-year inflation rate in the United States in October, as measured by the Consumer Price Index (CPI), the most popular price gauge. That means average prices rose at their fastest pace since 2008. The Federal Reserve, … Continued
Zillow: Flippin’ Lucky Despite Prophetic Losses
illow Group Inc. (ZG), which has generated an unbroken series of annual losses since its initial public offering in 2011, has figured out how to lose even more money—a lot more money—and at the same time boost revenue and make its shares jump: house flipping. In its most recent quarterly earnings report, Zillow disclosed the … Continued