Zillow stock plunges: impact on real estate

Zillow stock plunges: impact on real estate

    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...
Why will Real estate  outperform in the next cycle          

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?

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

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...
Does the stock market predict real estate prices?

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...