Tag Archive for: zillow

Everyone Wants To Jump In The Mortgage Pool! Come On In – The Water’s Boiling

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Interest rates fell this week more than most analysts expected, and the 10 Year Treasury Yield is down to 4.67% - surprising everyone, given that we heard so many predictions about the 10-Year staying above 5%. Here are a few reasons why: (1) The Fed announced yesterday that they are not raising rates (and many analysts think they are done raising); (2) More and more prominent analysts and hedge fund managers are predicting a recession and lower rates soon; (3) There are clear cracks in the labor market; and (4) Consumer and manufacturing surveys are yielding surprisingly negative results.Read More

Zillow’s 1% Down Loan Program Will DESTROY The Housing Market (or not…)

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How Strippers Bought Houses In the famous movie The Big Short, there was a scene in which a stripper bought multiple investment condos. She was able to do so because […]Read More

Zillow: Prices Down 0.1%! NOT. A. CRASH.

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Good Gravy! “Good gravy” is what my South Dakota grandma used to say whenever she saw or heard something absurd – and she would be screaming that now if she […]Read More

#1 Factor Zillow Estimates Get The Most Wrong (Why We Need Appraisers)

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I lived in the same neighborhood for over 20 years and did hundreds of loans within the area – so I knew every nuance of the area. As a former […]Read More

When Lofty Missions Meet Reality

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SUCCESS GOES TO MORTGAGE BROKER’S HEAD Prior to the 2008 mortgage meltdown, I knew of a moderately successful owner of a mortgage broker shop who had ridden a couple good […]Read More

Zillow Exits iBuying & Proves ALL Is Right With the World

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BETTING ON CANADA! In the 2010 Olympics, Canada played the U.S. for the gold medal in hockey – and I upset a hockey fan and friend by betting on Canada. […]Read More

The Real Reason Zillow Stopped Buying Homes & Why It’s Good For Housing

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Zillow announced yesterday that they are no longer buying homes (through the end of the year). It was all over the headlines, and numerous people sent me links to the […]Read More

“Silver Tsunami” and “Golden Age” of Real Estate Coming Soon!

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In October, I wrote a blog titled The Biggest Housing Boom In History Has Just Begun. I pointed out how a massive surge of millennials, hitting peak homebuying age, will […]Read More

Zillow and Other “Most Flawed Business Models … Ever”

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ZILLOW’S PENDING DEMISE Steven Eisman is the investor who made billions by shorting mortgage-backed securities prior to the 2008 meltdown. He was also made famous in the movie “The Big […]Read More

What Are iBuyers (Zillow/Opendoor) Really About? Lead Gen, Revenue Growth & Friction

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Inman has a great video about iBuyers (companies that buy homes directly from consumers) called “Battle of the Behemoths” and it conveys a really interesting perspective. Zillow hopped into the […]Read More

Adding Eggs & Why Agents Should Let Sellers Help Sell Their Home

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  When General Mills introduced Betty Crocker boxed cake mixes in the 1950s, they included dried eggs. Aspiring cooks just had to add water to the mix in order to […]Read More

Life Events That Influence Decisions to Move; Big Data

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Zillow, with all of its faults, often publishes interesting articles. A recent example is Behind Every Move Is a Story (Life Events That Influence Decisions to Move). It is of […]Read More

iBuyers; Higher Fees vs Lower Commission; Friction Avoidance All Over Again

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The National Real Estate Post recently posted this interesting comparison of iBuyers and real estate agents. As most of you know, iBuyers are large firms that buy homes from sellers […]Read More

Godzilla vs. Bambi; Zillow vs. JVM

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In the classic 1969 film, Godzilla vs. Bambi, the action only lasts for 90 seconds as Godzilla stomps Bambi into oblivion with a single step. But, that was in 1969. […]Read More