Housing Heats Up

By Chris Hill – Aug 1, 2013 at 6:00PM

NASDAQ: ZG

Zillow Group

Market Cap

$10B

Today's Change

(3.22%) $1.36

Current Price

$43.56

Price as of May 14, 2024, 3:05 p.m. ET

Are these soaring Internet housing companies the sign of a change to the way we buy homes?

The following story is from Thursday's Investor Beat, in which host Chris Hill, and Motley Fool analysts David Hanson and Matt Koppenheffer, dissect the hardest-hitting investing stories of the day.

Shares of rival online home-listing services were flying high today. Trulia (NYSE: TRLA) reported a loss for the second-quarter, but top-line revenue grew 77%. And shares of Zillow (ZG 3.22%) were up, as well. In our lead story on Investor Beat, David and Matt examine the risks and rewards of high-flying growth stocks like these, and share why the real estate market is poised for disruption.

Chris Hill has no position in any stocks mentioned. David Hanson owns shares of Zillow. Matt Koppenheffer has no position in any stocks mentioned. The Motley Fool recommends Zillow. The Motley Fool owns shares of Zillow. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.