“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…
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. …
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…
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…
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…
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…
In a last-ditch effort, President Biden implemented another eviction moratorium until October 3rd. What does this mean for real estate property owners? Will this ban hold up in court? Could this moratorium be a good thing for property owners?…
As I look around the real estate market, you cannot help but notice the craziness. On my personal house in Colorado, my value is up around 50% in two years. These same trends are unfolding throughout the country, with appreciation…
A few months ago, Zillow agreed to buy ShowingTime, the largest and most widely used platform by realtors to schedule residential tourings and provide feedback to the listing agents. The platforms is integrated with most multiple listing services throughout the…
The Coronavirus has impacted businesses throughout the economy and real estate is not immune from the radical changes caused by social distancing and lockdowns. How will the real estate industry adapt to the changes? What does this mean for the…