Omicron impact on inflation and real estate

Omicron impact on inflation and real estate

What a week it has been a new Covid variant has emerged while at the same time, the federal reserve announced they are retiring the word “transitory”.  The stock market dropped and treasury yields increased.  What does all the recent news mean for real estate?  Will...
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...
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,...
Inflation cools, what does this mean for real estate?

Inflation cools, what does this mean for real estate?

Prices for an array of consumer goods rose less than expected in August in a sign that inflation may be starting to cool, the Labor Department reported Tuesday. The consumer price index increased 5.3% from a year earlier and 0.3% from July.  Is inflation really...