Month: November 2021

NSDCC Frenzy Monitor

The reason for breaking down the active and pending listings by zip code is to give the readers a closer look at their neighborhood stats. Given how inventory has been dropping significantly, it is impressive how many pendings there are: We had 400+ pendings from June...

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Zillow Quits Home Flipping

If you can't make a profit flipping houses in this market, well then yeah, you should probably stop (hat tip G.A.!) Real-estate firm Zillow Group is exiting the home-flipping business, saying on Tuesday that its algorithmic model to buy and sell homes rapidly doesn’t...

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2022 Forecasts

Let's gather the forecasts for 2022 - here's a start: Forecaster Existing-Home Sales Pricing Fannie Mae - USA -7.5% +7.4% Freddie Mac - USA +7.0% MBA - USA +5.3% +5.2% NAHB - USA -10% NAR - USA -3.2% +2.8% CAR - Calif -5.2% +5.2% Zillow - SD +21.3% CoreLogic - SD...

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Zillow Fumble

It's too bad they would rather give discounts to insiders, instead of just lowering the price on the individual listings and let the retail buyers benefit. Zillow Group Inc. is looking to sell about 7,000 homes as it seeks to recover from a fumble in its high-tech...

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