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Zillow

Zillow attracts more criticism for selling homes to institutional investors

By Mike Wheatley | December 14, 2021
It’s fair to say that Zillow’s foray into the world of iBuying proved to be an unmitigated disaster, with the company forced to shutter the business due to its inability to flip homes for a profit. The company is at least making good progress in selling off its remaining inventory of homes. It said last […]
Home Sales, US Real Estate

Home buyers struggle with record low inventory

By Mike Wheatley | January 11, 2021
Home buyers have few properties than ever to choose from. In December the number of homes listed for sale in the U.S. dipped to its lowest ever level, below 700,000, realtor.com reported in its Monthly Housing Trends Report. At the same time, demand from buyers remains high, and that has resulted in more bidding wars […]
Residential

Sales Market Tea Leafs With Different Messages This Spring

By Brian Kline | March 18, 2019
Four telltale trends emerged recently with clues of how the spring market is likely to unfold. But these trends point in different directions. 1. Home prices are slowly moving towards stability. 2. Mortgage applications rates are highly sensitive to interest rates. 3. New housing is both increasing and decreasing (multi family v. single family). 4. […]
Residential, Zillow

Zillow says home inventory has increased for the first time in 5 years

By Mike Wheatley | February 15, 2019
After falling for nearly four consecutive years, housing inventory has turned a corner, growing on an annual basis in four of the past five months, according to the January Zillow Real Estate Market Report. U.S. for-sale home inventory grew 1.2 percent year-over-year. There were 19,455 more homes for sale nationwide in January compared to a […]
Home Buying, US Real Estate

Freddie Mac: Home prices are up, inventory is down

By Mike Wheatley | July 23, 2017
The big talking point in real estate this year is housing affordability, thanks in part to an acute shortage of inventory available and rapidly rising home prices. Indeed, home prices have already surpassed the peak at the end of the last housing boom
Home Buying, Mortgage

Drop in Home Inventory Slows High Demand

By Brian Kline | May 3, 2017
The spring residential market is showing what happens when inventory is low and buyer demand is high. Bidding wars become common, buyers shift down from dream homes to what they can afford, and buyers at least temporarily walk away from the market
Press Release, US Real Estate

Redfin: Home Prices and Sales Posted Strong Gains as Supply Shortage Continued into March

By Press Release | April 13, 2017
U.S. home prices rose 7.5 percent to a median sale price of $273,000 in March as home sales made a strong showing, up 8.9 percent over last year, according to Redfin (www.redfin.com), the next-generation real estate brokerage.
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