Zillow’s stock has plunged, losing 65% of its value over the last 5 years. To put this in perspective, the Nasdaq 100 has doubled during this same period. Why is Zillow, who was once an internet darling, now falling precipitously? What does this mean...
Will new lawsuits radically alter how real estate is bought and sold?
Last week I asked all of you “Will the Compass Lawsuit with Zillow radically alter the way real estate is bought and sold in the United States?” The real estate pros have spoken and as you can see from the chart, the vote was pretty close 55% saying there would be a...
Why will Real estate outperform in the next cycle
First, Happy Thanksgiving. I hope everyone has a great holiday season. As you sit around the table this year, there is plenty to talk about and debate (including this blog ). Check out the screenshot above of the headlines on Bloomberg. Depending on which headline...
Rocket mortgage acquires redfin, what does this mean for real estate?
In a surprise move, Rocket mortgage is acquiring the real estate brokerage company Redfin for 1.8 billion. Why is a mortgage company interested in a real estate broker? What does this mean for realtors, consumers, and competitors? Will this purchase...
One of most controversial property tax measure in the country passed
This newest property tax measure that passed has been deemed the most controversial in the US. What was in the new measure? What state (hint it wasn't a far right or left state)passed a controversial law to protect private property rights by...
Does the stock market predict real estate prices?
For years, myself, and many others have thought that interest rates were the predictor of housing prices. Fast forward to post COVID where interest rates have doubled and yet housing prices remain high and are still trending higher in many markets. What other...
Upper income spending drops, what does this mean for real estate
Higher income consumers are showing signs of stress. Look at the chart above, from the peak in 2022 higher end consumers intent to spend has dropped almost 25%. What does the chart mean for real estate and the general economy? Why focus on higher end consumers?...
Global Real Estate Market Faces $175 Billion Debt Spiral: survive until 25
The bank mantra over the last 3 years has been survive until 2025. 2025 is when bankers were predicting a sharp decline in rates that would ultimately bail out the beleaguered commercial property market. Here we are at the dawn of 2025 and 10 year treasuries and...
Will Mortgage rates stay higher forever?
Wow, 2024 was definitely a surprise, at the beginning of the year, there were huge predictions of a rapid decline in rates, fast forward to 2025 and now rates are actually rapidly increasing even after the federal reserve cut short term rates. Why are rates...
The largest buyer of mortgages predicts big changes to house prices
Fannie Mae, one of the largest buyers of residential mortgages has some profound predictions. Will house prices continue their upward trend through 2030? How accurate are the predictions below? How can house prices continue in such a linear fashion? Will...
Airbnb down 40% impact on real estate
After peaking around 215 dollars, Airbnb stock has taken a tumble of almost 40%. At the same time occupancy of nightly rentals has plummeted from its peak while available listings continue to grow. What does this mean for real estate prices? The two...
Big real estate rebound for 2025?
The chief economist of the National Association of Realtors, Lawrence Yun, has released his 2025 and 2026 predictions for residential real estate and they were a huge surprise. What is Yun predicting for real estate prices, interest rates, and appreciation? How...
Will realtors’ settlement lower home prices? (September 2024 update)
With the realtor settlement now implemented nationwide, the question now is will a reduction in realtor fees lower house prices? The big premise of the commission lawsuit against the national association of realtors is that high commission fees were one of the...
Realtors Reach Game-Changing Settlement in Home Buying and Selling
Big changes to how real estate has been bought and sold are scheduled for July. Why is this settlement the most groundbreaking change in real estate since the internet. What is in the most recent settlement? How will home buyers and sellers be impacted by the...
Realtor lawsuits, what happens now?
There has been a ton of talk regarding the lawsuits against the National Association of realtors, but from a practical perspective what does this mean for the market? Will buyer’s agent commissions be eliminated? One realtor association is not waiting for more...
Soft landing, brace for a much better spring real estate market
In only a couple of months, the world has changed substantially. In December, inflation was supposedly decreasing rapidly and the odds of a soft landing were non existent. Fast forward a few months and inflation is running hot, consumers are spending like crazy,...
Supreme court rules against the national association of realtors, suit could rock the industry; why are pocket listings not allowed?
I’m usually skeptical that lawsuits will totally alter an industry but the recent suit against the National Association of realtors, various multiple listing services, and many large real estate brokerages could be a bombshell. The U.S. Supreme Court on Monday...
30 year mortgage rates plummet, will they return to pandemic lows
It has been a wild ride in the treasury market. Rates spiked to 7.5%, but recently have plummeted back to below 6%? Now they are rising again. What does this mean for real estate sales? Will the lower rates be enough to turn around the slowing market? Will rates...
A “reckoning” is due. Atlanta overvalued by 58%, Denver by 39%
“A reckoning is due. Home prices and rents can’t separate as significantly as they have from their long-term fundamental trends without major issues arising in the marketplace,” said Ken Johnson, an economist at Florida Atlantic University, in an analysis. “Few...
Stocks plunge, what does this mean for real estate prices? What happened during the dotcom bust?
It has been quite the year for the stock market. As I am writing this blog, the market has already plunged 10% to kick off the year. Morgan Stanley just warned that stocks are more overvalued than the tech bubble. How will this impact real estate? What happened...
2022 Realtor predictions on interest rates & appreciation
The National Association of Realtors just released their 2022 housing market report. What are their predictions on mortgage rates, appreciation rates, rental rates, and location of purchases? There are a couple of surprises in the data that could radically alter...
Zillow quits I buying says it model doesn’t work. 18k houses to sell
Real-estate firm Zillow Group Inc. is exiting from the home-flipping business, saying Tuesday that its algorithmic+ model to buy and sell homes rapidly doesn’t work as planned. Zillow has about 18 thousand houses it will be looking to sell. What does this mean for...
Zillow stops buying houses: red flags for housing market
Zillow claims that ‘operational capacity constraints’ has caused the hiccup in its home-buying business, but some analysts argue that bigger issues may be afoot. Why is Zillow abruptly pulling back from their ibuyer program after recently announcing a huge funding...
Department of Justice nixes realtor pact, Biden DOJ going after realtor commissions
Last year the Department of Justice and the National Association of Realtors reached a historic pact to clear up any antitrust issues and provide greater transparency to consumers about commissions and increase competition among brokers. Everyone thought the deal was...

























