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...
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...
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...
How does a China real estate blow up impact U.S real estate?

How does a China real estate blow up impact U.S real estate?

First I hope everyone is having a good fall.  It is crazy how quickly the year has gone by.  It has been quite the ride with last week no exception as the stock market plunged.  The key culprit that started the stock market saga is the impending blow up of Evergrande,...