Bloomberg Talks Zillow CEO Jeremy Wacksman Talks Q3 Revenue
Oct 30, 2025
Jeremy Wacksman, CEO of Zillow Group, shares insights into the company's impressive Q3 revenue and its resilient growth amidst fluctuating real estate markets. He discusses Zillow Home Loans' potential and its strategic fit within the business. The conversation also delves into current trends, emphasizing the challenges of affordability and the appeal of renting versus buying. Wacksman highlights the pivotal role rentals play in Zillow's expansion and monetization strategy, showcasing how these factors drive revenue growth.
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Integrated Transaction Strategy Powers Growth
- Zillow's integrated transaction strategy drove broad revenue growth across for-sale and rentals in Q3.
- The company connects buyers, sellers, renters and professionals with software to increase transactions and revenue.
Home Loans Positioned To Scale
- Zillow expects its home loans business to become meaningfully larger over time as buyers seek one-stop experiences.
- The company offers Zillow Home Loans inside the app to be a financing option for buyers and agents.
Affordability Is Driven By Home Prices
- Affordability remains the core issue: home prices nearly doubled since pre-pandemic while rents rose far less.
- That gap makes renting more attractive in many markets and drives dual-tracking behavior among consumers.