Zillow quits I buying says it model doesn’t work. 18k houses to sell

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...
Will inflation increase real estate prices? Is this cycle different?

Will inflation increase real estate prices? Is this cycle different?

In my blogs I have talked about how typically when we have large inflation this will drastically slow the real estate market as interest rates rise.  With all the craziness from the Covid bump occurring could just the opposite occur?  Will inflation actually increase...
McDonald’s is raising the cost of houses; you will pay allot more!

McDonald’s is raising the cost of houses; you will pay allot more!

Retail giants, fast-food chains, and ride-hailing companies are offering higher wages and cash payments. Referral and signing bonuses, rarely needed before to fill entry-level, low-wage jobs, are now commonplace.  How will McDonald’s impact real estate prices?  Will...
Zillow quits I buying says it model doesn’t work. 18k houses to sell

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...