Since the end of 2010, rental prices have surged at nearly twice the pace of average hourly wages.» Read More
That's the finding of an analysis of Census data by Enterprise Community Partners, a nonprofit that helps finance affordable housing. Since the end of 2010, rental prices have surged at nearly twice the pace of average hourly wages, according to data from the real estate firm Zillow and the Labor Department. "It means making really difficult trade-offs," said...
WASHINGTON— Almost no one is moving to San Francisco to save money. But average home rent has jumped nearly 15 percent in the past year— to $3,129 last month— according to real estate data firm Zillow. Over the 12 months that ended in March, rents nationally climbed a seasonally adjusted average of 3.7 percent nationally, Zillow reported Wednesday.
LONDON, April 21- Last weekend, London couple Vicki Clayton and James Renhard left behind cramped bedrooms that smelt of smoke, housemates who stole their food and a landlord who kept his deposit, and moved into a rented flat of their own. To buy an average house in London today, you need to earn over 100,000 pounds a year, according to the National Housing Federation, a...
Zillow cut its full-year revenue guidance, calling 2015 a transition year. Zillow CEO Spencer Rascoff, provides insight to the Trulia acquisition.
Jim Cramer gives a fresh dose of reality when he focuses investors on all of the positive inputs in the market right now.
U.S. stocks closed mixed on Tuesday as investors digested the first of the major earnings reports and moderate economic data.
Zillow CEO Spencer Rascoff cited "the protracted FTC approval process" during the acquisition of Trulia as a reason for weak guidance in 2015. Discussing the stock, with Michael Graham, Canaccord Genuity.
Zillow shares dropped as much as 12 percent Tuesday morning, after the company held a call that included guidance well below estimates.
RBC Markets revised its earnings growth estimates for Internet stocks lower on Thursday, citing the strong U.S. dollar as the biggest headwind.
Nearly half of renters surveyed said either their credit or finances keep them from buying a home. CNBC's Diana Olick digs deep into the data of why home renters are growing.
Tesla shares soared more than 6 percent on Monday, but some Fast Money traders still aren't sold on the stock.
Some of the names on the move ahead of the open.
NEW YORK, April 2- Mercedes-Benz and BMW are probing unauthorized exports of luxury cars from the United States to China, which have recently surged and threaten profit in the world's largest auto market, senior executives said. As a result, Daimler AG, which owns premium auto brand Mercedes-Benz, said it intensified efforts to clamp down on exports of U.S. models...
Jim Cramer sees one big fat weakness at Google that should be scooped up. The time is now! Could be an opportunity of a lifetime
March 26- A former LPL Financial LLC broker who borrowed nearly $2.3 million from clients to build a vacation rental property in Hawaii has been permanently barred from the securities industry in a settlement reached with Wall Street's watchdog. Raymond Daniel Schmidt, who was affiliated with the unit of LPL Financial Holdings Inc in Oceanside, California,...
Stan Humphries, Zillow chief economist, shares his predictions on the spring home selling season.
The average tech fund has gained 9.86% a year the past 10 years, vs. 7.99% for the Standard and Poor's 500 index, reports USA Today.
Home builders are increasingly targeting the wealthy as the housing market remains tepid, The New York Times reports.
The most expensive listings on Zillow have lots to offer, like a private pond, mountain view, 23 bedrooms, and hefty price tags.
The two most popular real estate search sites are now under the same roof after Zillow closed the Trulia acquisition Tuesday.