Independent thinking for complex markets and current events
The biggest reason they’re leaving is the economy (inflation and worried about losing their job). The second reason is the high price of homeowners insurance. Third is they’ve bought over priced piece of shit vehicles for 100K, with payments spread over 96 months, which is insane. US buyers walk away from deals with cancellations at …
The $16 billion company is pushing more into the transaction side of the real estate industry, which Jeremy Wacksman calls ‘a better business to be in.’ On his Zillow account, Jeremy Wacksman has “favorited” every home he’s ever lived in, just to keep tabs. Among them: a two-story, 2,500-square-foot house with four bedrooms, 2½ bathrooms …
Zillow shares plunged more than 9% on Monday on worries that the online real estate platform could have a big new competitor: Google Search. Google appears to be running tests on putting real estate sale listings into its search results. Over the weekend, real estate tech strategist Mike DelPrete published mobile phone screenshots of Google …
Zillow’s home value estimate is now dropping in 24 states on a month-over-month basis, and in 15 states on a year-over-year basis, as of their August 2025 update. More broadly – home values are going down in half of the U.S. Housing Market, with the Sun Belt and West region experiencing declines. Access the data …
It now takes an income of 124k to buy the median priced home in America. Only 18% of single Americans make 100k. 62% of homebuyers are married. Lower rates won’t fix family formation. See the problem? pic.twitter.com/4DO0rEKUTh — Cherrygarciafan. USD🏴☠️ (@cherrygarciafan) August 10, 2025 The median household income necessary to purchase the median priced home …
Zillow’s traffic hit 230 million monthly visitors while home sales collapsed to a 30-year low. Inventory climbed 17 percent year over year to 1.36 million listings. Price cuts reached 26.6 percent of active listings in June. Mortgage rates hover near 7 percent. Sellers won’t list. Buyers won’t bite. Zillow’s Q2 revenue jumped double digits. Stock’s …
2/ 44% of consumers today say it is a bad time to buy a house because of high interest rates pic.twitter.com/leXBInoU37 — Boring_Business (@BoringBiz_) May 18, 2025 4/ A record 34% of Americans today say that they would rent if they were going to move pic.twitter.com/vFtCmHK0ye — Boring_Business (@BoringBiz_) May 18, 2025 6/ Home ownership …
ya but like they are selling pic.twitter.com/FNDacasRZi — Darth Powell (@VladTheInflator) April 25, 2025 pic.twitter.com/yXocqFUlDH — Amanda Goodall (@thejobchick) April 25, 2025 Yes, and imagine what would happen to the housing market if the 30-year mortgage rate returned just to levels seen in the 90s (let alone the much higher ones in the 80s). pic.twitter.com/Ipi8rhjPmS …
Zillow just cut their U.S. home price forecast to -1.7% over the next 12 months, and is now forecasting prices to drop in every major city. This is a huge shift in market dynamics and Zillow is now getting increasingly bearish on the housing market.
1) On a month over month basis, home values dropped in 24 of 50 states in March. The drops in value were most concentrated in the Sun Belt and Mountain West, as well as California. pic.twitter.com/xOuFYpoPNq — Nick Gerli (@nickgerli1) April 17, 2025 4) In Tampa, values are already down -3.3% over the last year. …
Zillow just revised down their 2025 housing market forecast to 0.6% price growth on a national basis, down from 2.9% earlier this year. The result is that Zillow is now forecasting home price declines in 250 cities across America, a clear sign of a slowing housing market. The areas in the U.S. where home prices …
Real estate institution allocations to fall further pic.twitter.com/0PitYGVzXa — Darth Powell (@VladTheInflator) November 18, 2024 This video goes through the biggest price cuts on Zillow right now across the US Housing Market. States such as Florida, Texas, and Arizona have sellers cutting the price on houses the most right now.
The Texas and Florida housing markets are beginning to crash. With inventory levels spiking and Zillow value estimates declining in these markets. 65% of consumers say this is a bad time to buy a home pic.twitter.com/iBxCnJg9ek — Piker Capital (@PikerCapital) July 17, 2024
Investors are now selling at a loss in Florida’s Housing Market, with the Zillow Value estimates on some listings collapsing as much as 30%. Indeed, the seasonally-adjusted estimate of new houses for sale at the end of May was 481,000, marking the highest level since January 2008. This surge in inventory is a result of rising …
The CEO of Zillow just issued a warning that first-time homebuyers are beginning to drop out of the housing market in 2024. And that this reduction in buyer demand could hurt Zillow’s business and revenue in the second quarter. Zillow makes their money by selling leads to realtors in their Premier Agent program. So a …
New data from Zillow and Realtor.com are both reporting a massive surge in inventory across the US Housing Market – particularly in cities in Florida and Texas.
It’s a bunch of kids out of college running the models Maybe they have a shot at figuring it out h/t B3stAuD1t0rofA11tiME
