Items Tagged with 'Zillow'

ARTICLES

  • Zillow: Mortgage payments biggest financial burden since 2009

    San Jose is the most unaffordable U.S. city
    The share of median income needed for monthly mortgage payments on the median U.S. home increased to 17.1%, which is the largest share of income since 2009. Housing costs are taking up a larger share of income than they have historically, says one expert, making it very difficult for homebuyers.
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  • Monday Morning Cup of Coffee: Trump to nominate Kathy Kraninger to lead CFPB

    White House confirms OMB official will be named to lead agency
    On Saturday, the White House confirmed that President Donald Trump will nominate Office of Management and Budget official Kathy Kraninger to lead the Consumer Financial Protection Agency. Plus, Zillow and Trulia are hit with a patent infringement lawsuit and megabanks are set to pay out more than $170 billion to shareholders.
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  • Zillow: Experts expect the next recession by 2020

    Here’s what will trigger it
    A recession is on the horizon, according to many experts, and could show its face as soon as the end of this decade. The last recession came as the result of the housing crisis back in 2008, but now the housing market continues to return to its cyclical highs. But it won’t be housing that brings the U.S. back in to a recession this time.
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  • Counting the costs: Can you afford to become a Realtor?

    Roughly 80% of Realtors don't make it two years in the industry
    Do you have what it takes to be a Realtor? Probably not. According to a blog post from Trulia, approximately 80% of Realtors quit after less than two years in the industry. Here's a look into the life of a Realtor, directly from one working in the industry right now.
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  • Existing home sales take a 2.5% tumble

    The affordability issue is kneecapping strong demand, experts predict continued stagnation
    The bulk of potential homebuyers cannot buy homes. That is the long and short of the issue. Existing home sales fell 2.5%, according to the National Association of Realtors' monthly report, and it doesn't look like things will change any time soon.
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  • Lenders: Goldman Sachs, Zillow entering fix-and-flip market is a good thing

    “A rising tide lifts all boats”
    Over the last few years, the market for financing fix-and-flip projects and single-family rentals has grown significantly. In just the last year or so, massive players like Goldman Sachs, Zillow, Redfin, and others have entered those markets. And one might think that current operators in the fix-and-flip market would view those big companies entering the market as a bad thing, but that’s not the truth.
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