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...
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...
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? ...
Pres Biden implements new eviction ban until October 3, Is this a gift for property owners?

Pres Biden implements new eviction ban until October 3, Is this a gift for property owners?

  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?   What is...