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Zillow Group, Inc. (ZG) Q2 2017 Earnings Conference Call August 08, 2017 17:00 P.M. ET Executives RJ Jones – VP, Investor Relations Spencer Rascoff – CEO Kathleen Philips – CFO Analysts Ronald Josey - JMP Securities Mark Mahaney - RBC Capital Markets Unidentified Analyst - Sli.do © Provided by Seeking Alpha Earnings Call Transcripts Michael Graham - Canaccord Genuity Christian Rice - Needham & Company Hayden Blair - Stephens Inc. Brian Nowak - Morgan Stanley Mark May - Citigroup Lloyd Walmsley - Deutsche Bank Bradley Erickson - KeyBanc Capital Markets Shyam Patil - Susquehanna Financial Group Heath Terry - Goldman Sachs Presentation Operator Good day, ladies and gentlemen, and welcome to the Zillow Group's Second Quarter 2017 Earnings Call . At this time all participants are in a listen-only mode. Later we will conduct a question-and-answer session and instructions will be given at that time. [Operator Instructions]. As a reminder, today's call is being recorded. I wou...

Matt Boys recently bought a dilapidated triplex near Charles and Snelling avenues in St. Paul with the goal of leasing out one apartment the traditional way and listing two others through the short- term rental platform Airbnb . Given the ongoing construction of a Major League Soccer stadium down the street, the Airbnb opportunity justified the $40,000 renovation, said Boys, noting he might not have taken the chance otherwise. Likewise, not all the apartments at the Lowry Building on downtown St. Paul’s Wabasha Street are available for lease year-round or even month-to-month. Building owner Madison Equities rents out at least seven units through Airbnb, and a handful of year-round tenants have taken to doing the same. As a result, visitors to downtown St. Paul can spend a night or two at the Lowry relaxing in a more residential setting than the typical hotel. But soon both properties may be out of step with the law in St. Paul. On Friday, the St. Paul Planning Commission voted 11...

By: yiseowl - Wednesday, Feb 26, 2014 - 11:11pm Searching for an apartment in Boston is a unique process…and a big pain in the ass. 79 percent of all rentals in Boston turn over their leases between September 1st and 14th, setting the stage for aggressive rental agents and frantic tenant hopefuls . Signing on something that’s not a complete piece of shit requires some legwork and a little bit of patience. Having lived in four different apartments over eight years in Boston, I thought I’d share my experience in finding a decent place for a good price. 1) Figure out where you want to live:  Budget and location are the two most important things to consider when looking for an apartment. The image below is a rental heat map put together by Jeff Kaufman — he used data from the website PadMapper. We took it a step further and added geographically accurate T stops. There’s a lot of useful info packed into this little map. For example, you can identify cheaper neighborhoods by looking at c...

Thousands of travelers are staying in rentals this summer booked on the popular site Airbnb , but the NBC4 I- Team found evidence of problems that some say spoiled their vacations. "We don't have a family vacation this summer because of Airbnb," Lisa Rozas told the I-Team. Last February, Rozas and her wife Sue Davis booked a beach house in Rhode Island for a July vacation with their 8-year-old twins, and received a message saying their "reservation is confirmed." But four months later, in June, the couple heard from the host of the house, who called himself Alan, that the rental was no longer available the week they booked it. They found he had rented it to another family for twice the price, a violation of Airbnb policy. "It was clear from the start that this guy wanted more money and that Airbnb was going to support him," Lisa Rozas told the I-Team. Airbnb says the vast majority of users of its site are satisfied with their bookings. But the I-Te...

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Known as "Music City," Nashville is a dynamic metropolis that features the sorts of exotic restaurants, highbrow cultural institutions and professional sports venues that are normally found in far larger cities. Upon arriving in Nashville, you' ll immediately realize that this town is different: It moves faster and talks a bigger game than other similarly sized settlements . At the same time, Nashville's community spirit is characteristic of a friendly small town . It's that blend of big-city living and small-town charm that makes this place so remarkable. Nashville Attractions It shouldn't be surprising that Nashville practically bursts with notable attractions. Many country music lovers make special trips to the city just to see a performance at the Grand Ole Opry or visit the Country Music Hall of Fame and Museum. High culture buffs can choose from a range of musical and artistic spectacles, including the Nashville Opera, Nashville Symphony and ...

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NEW YORK, Aug. 16, 2017 /PRNewswire/ -- Key facts: -- Rent growth far outpaced incomes in New York City. City-wide asking rents increased by 33 percent from 2010 to 2017, or 3.9 percent annually, while median wages grew at less than half that pace: 13 percent since 2010, or 1.8 percent annually. -- The lowest- priced rents increased the most. Homes with the lowest rents in NYC grew 4.9 percent annually, while the highest- price rentals grew just 3 percent per year. -- The lowest earners faced the smallest wage growth . Wages for NYC workers in the bottom fifth of earners saw the smallest annual increases since 2010, while wages for top- earning professions grew the most. Despite rents rising over the past year at their slowest pace since the end of the recession, rent growth in New York City has continued to outpace wage growth , increasing the financial burden on New York City renters . According to the latest StreetEasy rent affordability report (i), rent increases are outpac...