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January was a refreshingly strong month for many economic reports, but especially for metrics relating to the housing and mortgage markets. This wasn’t too hard to reconcile with December and January having much lower mortgage […]
Redfin and Zillow Group financial reports reveal broader housing market trends
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The latest financial reports from Zillow Group and Redfin demonstrate ongoing wariness within the U.S. real estate market. Both companies expect revenue from key business segments to decline year-over-year in the first quarter. Zillow forecasts revenue from its advertising […]
The Extraordinary Wealth Created by the Pandemic Housing Market
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Over the past two years, Americans who own their homes have gained more than $6 trillion in housing wealth. To be clear, that doesn’t mean homebuilders have transferred to buyers $6 trillion worth of new […]