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Jeremy Wacksman has been appointed as the new CEO of Zillow Group. His leadership is expected to guide the company through its next chapter, with a focus on developing a 'housing super app' and expanding the rentals business. Wacksman acknowledges the challenges in the housing market, noting that it has been choppy and is expected to remain so. He also discussed the impact of Federal Reserve rates on mortgages and the state of the rental market. Additionally, Zillow's earnings and housing market trends were analyzed by experts.
.@zillow's CEO (!) Jeremy Wacksman on @squawkstreet this AM talking about how the housing super app is making moving easier, and the opportunities we’re seeing in our booming Rentals business. https://t.co/4x6C7AHHul
𝟯𝟲𝟬 𝗥𝗼𝘂𝗻𝗱: $ZG earnings and the state of the housing market 🏡 👥 @DouglasElliman's Kirsten Jordan & RPM Living's Brad Dillman share takeaways from Zillow earnings and examine housing market trends with @NPetallides:
"The housing market has been choppy for the last few years, and we expect it to remain so," says Zillow Group CEO Jeremy Wacksman. https://t.co/vDCqKHyYbq https://t.co/UNKa6ByPer