Real Estate Big Player Zillow Enters the Land of Increasing Interest Rates
Real Estate Pioneer Zillow Enters the Land of Increasing Interest Rates
Zillow Group (NASDAQ: Z)(NASDAQ: ZG) is the biggest internet-based real estate marketplace business in the United States. It went public in July of 2011, and for the first time in its public history, will now face a rising-interest rate environment. Let's see if the interest rate headwinds will adversely affect the company's course.