Zillow CEO Talks Housing, Mortgage Availability and HotPads on Bloomberg
Zillow CEO Spencer Rascoff appeared on Bloomberg’s “Market Makers” this morning. Rascoff tells Bloomberg we’re through the worst of the housing recession, and home shoppers are back. Nationally, home values should rise nearly 2 percent over the next year. He also talks about Zillow’s recent acquisition of HotPads.
Fun fact No. 1: Rascoff reveals his first job was as a reporter at Bloomberg.
Fun fact No. 2: Around 80 percent of all homes in the U.S. have been Zillowed (that is, looked up on Zillow).
Watch the entire segment here, or click the video below.