Monthly Archives: November 2021

Fed still considering faster tapering of support for mortgages

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Speaking before the Senate Banking Committee Federal Reserve Chair Jerome Powell said the recent rise in COVID-19 cases and the emergence of the Omicron variant does pose “downside risks to employment and economic activity and increased uncertainty for… Continue reading →

Zillow cancels 400 Zillow Offers contracts due to closing restraints

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Hundreds of sellers awaiting new builds will have to sell their homes another way after Zillow canceled contracts for closings set for late 2022 through its defunct iBuyer, Zillow Offers. Continue reading →

Why Zillow’s iBuying flop is just a blip, not a bad omen

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Many have pointed to the failure of Zillow Offers as proof that the Zestimate is inaccurate, but the company’s struggles actually reinforce the critical role that quality automated valuation technology plays in the iBuying process. Continue reading →

Fannie, Freddie raise loan limits to record high

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Rapid home price appreciation during the pandemic means loan limits for Fannie Mae and Freddie Mac will make a record-breaking leap in 2022, fueling a debate over whether that’s ultimately in the best interests of would-be homebuyers struggling to find… Continue reading →

Zillow Offers’ demise ‘attributable to internal factors,’ report claims

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Zavvie has found that both iBuyers and power buyers are seeing explosive growth — suggesting Zillow’s recent moves don’t reflect weakness in the iBuying concept. Continue reading →

Key moves real estate investors should make before the end of 2021

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Whatever your goals as an investor, now’s the time to take stock and determine the best way to close out 2021 in order to position yourself for success in 2022. Here are some things to keep in mind. Continue reading →