Zillow Stops Buying Homes | Sign of Real Estate Crash ?

Why did Zillow suddenly announce that they're stopping buying homes for now as part of their Zillow Offers program, which was a key strategic expansion for them? In this video we'll cover 3 potential explanations and how they can be related to the current state of the real estate market.

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#Zillow #Realestate #Marketcrash

[schwererziehbar]

"Once it gets back to normal ..."
In my opinion fast rising real estate prices have been going on for so long that they are the norm now, and any change would be out of the norm.

[georgeherren]

I think we need to ask, what would the catalyst be for home prices dropping? remote work is now common, lumber prices are still rising, there is a housing shortage, and crowded locations are becoming more crowded. Unless there is a massive wave of homeowners selling due to financial issues, I wouldn't hold my breath for a crash happening in upcoming years. I would think that prices are rising to a new normal, unfortunately. which is slowly going to screw over any young adults who don't purchase rapidly.

[reathamorreau]

*The philosophy of the rich and the poor is this: "the rich invest their money and spend what is left. The poor spend their money and invest what is left"*