Zillow Group CEO Rich Barton on CNBC: “We in the shelter business are really lucky”
Zillow Group CEO Rich Barton appeared on CNBC’s Squawk on the Street program to discuss the housing market, how the pandemic has shifted people’s perception of home, and how the real estate industry is adapting. In an interview with CNBC anchors David Faber and Sara Eisen, Barton summarized the swift actions Zillow Group took to […]
Zillow Group May 2020 IR Roundup
In May, Zillow Group announced first quarter 2020 financial results. Zillow Group CEO and co-founder Rich Barton was also interviewed on CNBC where he discussed the company’s response plan to the coronavirus pandemic and the state of the housing market. Zillow’s research team also released several housing and economic data reports that shed light on […]
Zillow Group April 2020 IR Roundup
In April, Zillow Group announced the national launch of its lease uploader and online signing tools to help renters move virtually during the coronavirus pandemic. The company also announced that first quarter 2020 financial results will be shared on May 7. See below for a roundup of other corporate announcements and media coverage for Zillow […]
Rich Barton’s Annual Shareholder Letter – April 2020
Dear Fellow Shareholders, As I write this letter, we at Zillow Group are finishing up our fifth work-from-home week as the Coronavirus pandemic burns across the globe. As a Seattle-headquartered company, we were on the forefront of taking actions to support our people, partners, and customers. We were one of the first technology companies that […]
Zillow Group March 2020 IR Roundup
In March, Zillow Group co-founder and CEO Rich Barton and CFO Allen Parker hosted a conference call to discuss the company’s temporary pause in home purchases and to provide a business update in light of Coronavirus. You can find a recording of that call as well as the prepared slide deck here. Additionally, Svenja Gudell, […]
February 2020 Real Estate Market Report
U.S. home values rose 3.9% annually in February, up from 3.8% in January. The typical home in the U.S. is now worth $247,084. Inventory fell to a new low, down 8.4% year-over-year nationally and nearly 30% in some markets. All eyes are on how economic impacts from the coronavirus pandemic will affect housing in the […]
Zillow Supports Premier Agent Partners With Billing Discount
Dear shareholder: In response to the rapidly unfolding situation regarding COVID-19, today we announced we are taking steps to actively support our Premier Agent partners during this period of uncertainty to help ensure we can best serve our mutual customers together. We have included a copy of a letter sent to our Premier Agents earlier […]
Zillow Group Feb. 2020 IR Roundup
In February, Zillow Group announced fourth quarter and full year earnings results. Zillow Group CEO and co-founder, Rich Barton was also named to CNN’s ‘Risk Takers’ list for his bet to bring the “one-click” dream to real estate. A total of 20 executives were recognized by CNN including Bob Iger of Disney, Dawn Ostroff of […]
January 2020 Real Estate Market Report
The typical home in the U.S. is worth $245,193, up 3.8% from a year ago. There were 1,500,262 homes listed for sale in January, down 8% from a year ago. Typical U.S. rent grew 2.3% year-over-year, to $1,602. The last full monthly read of U.S. housing market data before the coronavirus pandemic hit the nation […]
Zillow Group January 2020 IR Roundup
In January, Zillow started buying and selling homes in Tucson, Arizona. Zillow Offers is now live in 23 markets across the country. Other notable updates from January: Rich Barton was named the most powerful and influential person in real estate, according to the seventh annual Swanepoel Power 200. See below for a roundup of major […]