Boston Condos for Sale 2021
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Zillow has most profitable quarter ever — again
Zillow didn’t set any profit records in the second quarter, but it did deliver all-time-high revenues in results consistent with a strong housing market.
The Seattle-based listing giant reported $9.6 million in net income for the quarter, down from $52 million in the first quarter, but far better than the $84 million net loss during the same period last year, when the pandemic brought the housing market to a near standstill.
The online giant brought in $1.2B in revenue during the first 3 months of 2021 and made $52M in profit. The company also saw unique monthly web users jump 15 percent year-over-year.
The online giant brought in $1.2 billion in revenue during the first three months of 2021 and made $52 million in profit.
Downtown Boston Real Estate and the Bottom Line
In case you’re wondering, Ford Realty Inc., didn’t have the most profitable quarter ever – maybe next quarter.
