In today's video I look at three real-estate growth stocks that are down over 30% from their recent highs and explain why investors should keep an eye on them. Three reasons to watch Zillow Group (NASDAQ: ZG): Zillow's stock price is down roughly 31% from its 52-week high with a market cap of $33 billion. From 2018 to 2020 Zillow grew its revenue by over 20% each year. Wall Street analysts also forecast a revenue compound annual growth rate (CAGR) of 30% for the next three to five years. In the first few months of 2021, Zillow has started making cash offers for homes using his Zestimate tool, and it has also acquired ShowingTime, an industry leader in home touring technology. Three reasons to watch Redfin (NASDAQ: RDFN): Redfin stock price is down roughly 32% from its 52-week high with a market cap of $6.7 billion. From 2018 to 2020 Redfin grew its revenue by over 13% each year. Wall Street analysts also forecast a revenue CAGR of 24% for the next three to five years. In April Redfin has expanded its iBuying services to numerous new cities and has begun operations in areas previously closed due to the pandemic. Redfin has also completed its recent acquisition of Rentpath. This will allow Redfin to sell homes and find homes for people looking to rent. Three reasons to watch Gores Holdings VI (NASDAQ: GHVI): GHVI is a SPAC that is merging with Matterport, a company with a powerful 3D platform. Matterport has customers in different markets, such as real estate, travel and hospitality, repair and insurance, and industrials and facilities. It is important to note that less than 10% of its total revenue comes from its top 10 customers. On April 20 Matterport released its services to Android consumers. This expansion may drive new subscribers to its platform. Click the video below for my full thoughts. *Stock Prices used were the closing prices of April 23, 2021. The video was published on April 26, 2021. 10 stocks we like better than RedfinWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Redfin wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of February 24, 2021 Jose Najarro owns shares of Redfin. The Motley Fool owns shares of and recommends Redfin, Zillow Group (A shares), and Zillow Group (C shares). The Motley Fool recommends the following options: short May 2021 $65.0 puts on Redfin. The Motley Fool has a disclosure policy. Jose is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.Source