Monday Morning Cup of Coffee: Time to cut the MLS cord?

Monday Morning Cup of Coffee: Time to cut the MLS cord?

Plus housing metrics, the incredible shrinking GDP, and kicks are for TRIDs

Jeb Bush: Current housing and debt situation unsustainable

Is the clock ticking on the 30-year mortgage?

Senate banking committee passes massive regulatory relief bill

Big implications in legislation for housing and mortgage finance
W S
The Ticker

Zillow stock is uniquely positioned

stock art
/ Print / Reprints /
| Share More
/ Text Size+

Zillow is a strategically positioned online real estate marketplace. The site is tied to the housing market, but still shares characteristics similar to Yelp. So how does this reflect in the company’s stock? CNBC explains:

Recent earnings showed revenues were up 68.7% year over year," Mad Money’s Jim Cramer said. "In fact, subscription revenues and ad revenues are growing like crazy."

"Also, billionaire investor James Packer has been betting heavily on Zillow, to the point where his fund now owns 9.4% of the company," Cramer added.

Those two metrics, Cramer said, are meaningful.

Source: CNBC
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus