Zillow CEO: 'We're not really seeing' people bolt from cities to suburbs yet due to coronavirus

Deutschland Nachrichten Nachrichten

Zillow CEO: 'We're not really seeing' people bolt from cities to suburbs yet due to coronavirus
Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen
  • 📰 CNBC
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 72%

'What we're seeing is lots more activity and a lot of dissatisfaction with where people are living right now,' Zillow CEO Richard Barton told CNBC.

for single-family homes while those for condominiums and co-ops had decreased.

"I think this is going to be a continuous shift until there's a vaccine" for Covid-19, said Reffkin, who added that more people were looking at less-dense areas. Barton said Zillow also has noticed a shift in priorities of clients through surveys. He said that two-thirds of respondents who have been working from home because of the pandemic say they would like continue doing so, either on a permanent basis or only commuting to the office a few days each week.

"I think it's going to change the calculus for the traditional, high-rise, elevator-based, dense-packed city workplace, at least," he said. "I'm not quite sure about residence yet." Shares of Zillow were lower Friday, down 0.5% at about $57 each. The stock notched a 52-week high of $66.68 on Feb. 20 before falling dramatically as the Covid-19 crisis intensified. It sank to $20.04 per share on March 18, rising more than 180% since.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

CNBC /  🏆 12. in US

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

HP CEO commits to company's buyback program, says stock is 'undervalued'HP CEO commits to company's buyback program, says stock is 'undervalued''[W]e are going to stay committed to the principles that we shared in the value plan,' HP CEO
Weiterlesen »

Bluemercury CEO Marla Beck on company's personalized retail strategy - Business InsiderBluemercury CEO Marla Beck on company's personalized retail strategy - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »

AMC Entertainment CEO Adam Aron Earned $9.7 Million In 2019AMC Entertainment CEO Adam Aron Earned $9.7 Million In 2019Struggling movie theater chain AMC Entertainment said CEO Adam Aron earned $9.67 million in 2019, up slightly from $9.47 million the year before. His package included a $1.25 million base salary, s…
Weiterlesen »

Amazon CEO Jeff Bezos rebuffs warehouse safety concerns: 'We've taken this seriously from the beginning'Amazon CEO Jeff Bezos rebuffs warehouse safety concerns: 'We've taken this seriously from the beginning'The Amazon CEO pushed back against criticism that the company hasn't done enough to protect workers from the virus.
Weiterlesen »

Amazon CEO Jeff Bezos touts teams leadership on COVID-19 - Business InsiderAmazon CEO Jeff Bezos touts teams leadership on COVID-19 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »

Exxon shareholders soundly reject splitting CEO/chairman rolesExxon shareholders soundly reject splitting CEO/chairman rolesExxon Mobil Corp shareholders soundly rejected climate-related proposals and splitting the chairman and chief executive's roles at the oil major's shareholder meeting on Wednesday.
Weiterlesen »



Render Time: 2025-03-19 22:55:13