December 9, 2024

Real Estate Values – Zillow Stock Price

Real Estate Values - Zillow Stock Price home sales fall

 

Zillow, a major player in the real estate market nationwide, just announced that it is pausing its homebuying part of the business at least through the end of the year.

Real Estate Values – Zillow Stock Price

Zillow Stock Price

Considering that Zillow purchased over 3805 homes in the second quarter of this year, for them, to now pause their homebuying operation, seems to be sending a clear signal that they are concerned about today’s residential real estate home values.

There is more to this story though, if you look at the yearly graph of the Zillow stock market price, you’ll see that year-to-date they lost over 34% of their value. Now, to be fair, prior to this, they did have a tremendous stock price run up, so perhaps, this stock drop is just partially due to a normal market correction. But, perhaps it’s also due to a lot of stock market investors believing that Zillow has seen its best performance, and it just may be downhill from here.

Are the halting of Zillow’s home buying program and their huge stock price decline  harbingers for what’s about to happen in the residential real estate market? Then again, perhaps I’m reading too much into this. Zillow itself, has said it’s not expecting a big drop in the housing market, and is actually forecasting an 11.7% appreciation for US Home values over the next 12 months!

So, what do you believe? Is the stock price drop and a halt in their buying program an ominous warning for all residential real estate investors? Or, shall we believe that these factors are just coincidental, and as Zillow is forecasting, we will see nice double digit continued appreciation for housing over the next year?

#######

San Diego Real Estate Website for sale

www.brokerforyou.com        *** This 23 year old San Diego real estate website is for sale! Also, aged real estate sites in many California cities are for sale.

Over 33,444 average monthly unique visits to Brokerforyou.com in the last three months.

*NO you are NOT just getting a super San Diego URL, but, 23 years of great San Diego centered residential real estate content! Plus, great search engine rankings and most important, a HUGE amount of unique monthly visitors! If can’t see the very unique potential, perhaps you should save your time and NOT review the information below.

San Diego real estate for sale

www.brokerforyou.com is 23 Years old! The vast majority of search engine professionals agree that the age of a website is an important factor in the Google algorithm.

There is also another undisputed factor in the ranking of websites. That factor, is the amount of unique specific content published on the website. So, it’s pretty hard for a two year old or a five-year-old or for that matter a 10-year-old website out rank a 23-year-old website that has 2 to 4 times the content.

San Diego real estate opportunity – www.brokerforyou.com is for sale! if your real estate broker in San Diego California or thinking of expanding your brokerage business into San Diego, purchasing www.brokerforyou.com to give you a huge boost in becoming a player in the residential San Diego real estate market.

Sure as a real estate professional in San Diego California, you most probably have a website. But take a look at it take a look at the traffic you’re generating from that website. From my own analysis the majority of San Diego real estate websites just generate a couple of hundred unique views per month. To even have a chance of gaining one new client you need tens of thousands of unique views.

Brokerforyou.com is for SALE

Just like most major businesses, the easiest way, and the fastest way to expand your business and influence in your particular market is through strategic acquisition. Just look at Google, they are the number one search engine in the world! Google bought Youtube in November 2006 for US$1.65 billion – YouTube now operates as one of Google‘s subsidiaries.

www.brokerforyou.com is for sale and is offered with a very popular San Diego residential real estate channel with 1.17K subscribers and 97 videos!!

Interested, call Bob Schwartz (619) 286-5604 for additional information