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Month: November 2021
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Zillow is doing a FIRE SALE trying to offload as many properties as they can with massive discounts all across the board! Many are tying this with Zillow foreseeing a housing market crash and others believe their IBuying program Zillow tried doing isn’t successful. This is causing waves in the housing market as news is
Housing Crash WARNING! Zillow is in FIRESALE mode, cutting prices left and right. Two weeks ago Zillow announced that they were no longer buying homes in the US Housing Market for the rest of 2021. Now we find out that Zillow is cutting the prices of all the homes they already own and attempting to
Homebuyer alert: Pending home sales in the US decreased compared to last month as well as from one year ago. This is thanks to a new housing market report that was just released. Is this a sign that the housing market is cooling off or will this decrease be temporary? In today’s housing market update,
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US HOUSING CRASH WARNING! Real Estate stocks like Zillow and Opendoor experienced HUGE declines in price today. And now Zillow is laying off 25% of its workforce. Stock prices for iBuyers like Zillow, Opendoor, and Redfin are CRASHING today (November 2, 2021). Zillow’s stock price is down by almost 12%. While Opendoor’s is down by
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The Great Lakes are often called the nation’s third coast, and the past five years in the region have been the wettest on record. While the lakes don’t exactly correlate to rising sea levels, Chicago now sits in just as precarious a position as oceanfront cities. Heavier rainfall and more frequent droughts are now causing
Real estate agents arrive at a brokers tour showing a house for sale in San Rafael, California. Getty Images Mortgage rates have been on a tear this month, rising yet again last week to the highest level in eight months, according to the Mortgage Bankers Association. That caused mixed demand for mortgages last week, resulting
Reza Estakhrian | The Image Bank | Getty Images Opportunity zone fund investments are back. Granted, they never went away, but after generating a great deal of attention a few years ago, much of the excitement surrounding them died down. However, investors are starting to pay attention again, with lawmakers in Washington, D.C., mulling proposals
A plunge may be looming for cryptocurrencies, housing and disruptive technology stocks tied to innovation. According to Rich Bernstein, an Institutional Investor Hall of Famer, the nation’s expiring easy money policies and historic supply chain backlogs are posing serious risks for some of the market’s most popular investments. “There’s a whole series of bubbles going
A pending sale sign in front of a home in Miami. Getty Images Pending home sales, which are a measure of signed contracts to buy existing homes, fell an unexpected 2.3% in September compared with August, according to the National Association of Realtors. Analysts were predicting a slight monthly gain. Sales were 8% lower compared
zxvisual | iStock | Getty Images Like many other renters during the pandemic, Trish DaCasta nabbed an apartment that she normally couldn’t afford. The upgrade was a big one: She was able to leave the place she’d been sharing with roommates for more than five years for a studio of her own in a luxury