Tag Archives: rich barton

Zillow CEO: ‘There’s no coronavirus playbook’

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Rich Barton laid out plans to cut 25 percent of quarterly expenses by pausing hiring, cutting marketing, halting homebuying and reducing discretionary spending. Continue reading →

Zillow beats back one lawsuit, but can’t shake another

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Zillow has beaten back an antitrust lawsuit regarding its Zestimates, but continues to fight another lawsuit stemming from its agent-lender co-marketing program. Continue reading →

Real estate stocks slammed amid coronavirus market woes

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Days of coronavirus-induced stock selloffs have driven the share price of numerous companies, including many in the real estate industry, plummeting. Continue reading →

Zillow CEO Rich Barton joins billionaire club after stock surge

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Rich Barton, who has the largest individual stake in Zillow with 15.8 million shares, is now a billionaire after Zillow Group stock value soars to $64 per share. Continue reading →

Zillow’s iBuyer sends revenue soaring in Q4, beats expectations

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The company’s revenue jumped 158 percent year-over-year during the final months of 2019 — far more than analysts had expected. Continue reading →