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Zillow, facing big losses, quits flipping houses and will lay off a quarter of its staff

Nov. 2, 2021  Daily Business Briefing By Stephen Gandel https://www.nytimes.com/live/2021/11/02/business/news-business-stock-market#zillow-q3-earnings-home-flipping-ibuying Zillow, the real estate website known for estimating house values, said on Tuesday that it would exit the business of rapidly buying and selling houses amid heavy losses and that it planned to let go ab...

How Is Real Estate Looking For LA Going Into 2022??

10 housing questions Southern California must answer in 2022 Cash buying’s hot — 30% of IE sales, up 65%; 29% of LA-OC buying, up 64%. By JONATHAN LANSNER | jlansner@scng.com | Orange County Register PUBLISHED: December 30, 2021 at 8:42 a.m. | UPDATED: January 1, 2022 at 3:46 p.m. Forecasting Southern California’s housing market i...

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Home buyers: Don’t wait for home prices to drop in 2022!

Erik J. Martin / The Mortgage Reports Contributor / March 28, 2022 - 7 min read   Will home prices drop in 2022? The price of homes has risen significantly over the past few years. Many hopeful buyers, especially those on tighter budgets, are eager to learn if and when home prices may become more affordable. The consensus from experts? Don’t hold your ...

4 Ways Artificial Intelligence Is Changing Real Estate

How AI is driving competitive advantage in an increasingly crowded real estate market Artificial intelligence (AI) has become a buzzword in many industry sectors, and real estate is no exception. But like many trendy new terms, it’s commonly misunderstood. Contrary to what many people feared, the rise of AI hasn’t led to a surge of jobs being replaced by computers, and neither is...