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...
Rents accelerate 13%, is this a warning sign?

Rents accelerate 13%, is this a warning sign?

Would-be home buyers priced out of the sales market are finding little consolation when they turn instead to the single-family rental market. Prices are soaring there as well.  What is causing the large surge in rents?  How is this related to housing prices?  Will the...
Home-Working Boom Risks Loss of 6 million Professional Jobs; 4 impacts on real estate

Home-Working Boom Risks Loss of 6 million Professional Jobs; 4 impacts on real estate

The Tony Blair institute recently did a study in the UK regarding remote work and ultimately the impact on employment numbers. What did the UK study predict regarding employment?  How will this impact the US labor force?  What will be the impact on real estate be? ...
Consumer sentiment falls to 10 year low; not for what the media is saying.  Impact on real estate?

Consumer sentiment falls to 10 year low; not for what the media is saying.  Impact on real estate?

U.S. consumer sentiment fell in early August to the lowest level in nearly a decade as Americans grew more concerned about the economy’s prospects.  It was the lowest reading for the measure since 2011. A sudden drop of this magnitude is extremely rare for the index. ...
Economic binge continues but consumer sentiment falls, impact on real estate

Economic binge continues but consumer sentiment falls, impact on real estate

U.S. consumer sentiment fell sharply and unexpectedly in early July to the lowest level in five months. Consumers’ complaints about rising prices on homes, vehicles, and household durables reached an all time record.  Just 30% of all consumers cited favorable home...