A 'silver tsunami' won't solve housing affordability challenges [Yahoo! Finance]
Zillow Group, Inc. - Class A (ZG)
Last zillow group, inc. - class a earnings: 2/19 04:05 pm
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Source: Yahoo! Finance
However, this potential supply is not located in the markets experiencing severe housing shortages. Pittsburgh Buffalo Cleveland Detroit and New Orleans have the largest share of empty nest homes. The highest share of those homes are in Las Vegas Austin Los Angeles and Riverside SEATTLE Dec. 5, 2024 /PRNewswire/ -- A "silver tsunami" — an expected flood of homes from older owners who will downsize or otherwise move on — has long been discussed as having the potential to relieve the nation's shortage of housing. But new research from Zillow ® shows these homes likely are located far from where they're needed most. "Even if we did see a 'silver tsunami,' a look at the map tells me it wouldn't really move the needle in terms of solving our housing affordability crunch," said Orphe Divounguy, Zillow senior economist. "These empty-nest households are concentrated in more affordable markets, where housing is already more accessible — not in the expensive coastal job centers where y
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News
- Zillow reveals 2024's most popular - and most unusual - home searches [Yahoo! Finance]Yahoo! Finance
- The Northeast is home to Zillow's most popular market for the second year running [Yahoo! Finance]Yahoo! Finance
- Zillow Group, Inc. (NASDAQ: ZG) had its price target raised by analysts at JMP Securities from $82.00 to $92.00. They now have a "market outperform" rating on the stock.MarketBeat
- Home sales poised to increase next year, if rates cooperate [Yahoo! Finance]Yahoo! Finance
- Home sales poised to increase next year, if rates cooperatePR Newswire
ZG
Earnings
- 11/6/24 - Beat
ZG
Sec Filings
- 12/19/24 - Form 8-K
- 12/11/24 - Form 144
- 12/10/24 - Form 144
- ZG's page on the SEC website