Add Your Heading Text Here Let’s just say it plainly: most agents outside of Compass are watching the Reffkin/Zillow war like it’s a corporate soap opera that has nothing to do with them. That’s a mistake. A real one. The Setup Here’s the conventional wisdom: Compass and Zillow are fighting over listing policy. Compass wants
Affordability Is at a Four-Year High. Why Aren’t Buyers Acting? The data released this week from NAR contains a number that should be generating a lot more conversation than it is. The Housing Affordability Index hit 116.5 in January — its highest reading since March 2022. For context, that index measures whether the median household
The Compass/Zillow Fight Isn’t About Private Listings. It’s About Who Owns the Consumer. The coverage of last week’s Compass/Zillow ruling mostly treated it as a real estate procedural update. Injunction denied. Zillow policy stands. Compass appealing. Legal case continues. That framing is accurate and almost entirely misses the point. What played out in a New
https://youtu.be/ZXWXfuypMDQ?si=DAc918Qze0L4OGQrNAR’s chief economist called it a “new housing crisis” this week. January home sales dropped 8.4% — the biggest monthly decline in four years. And honestly? The number is bad. But there’s a difference between a crisis and a problem that’s been building for three years finally showing up in the data. In this week’s
Nothing Broke This Week. The Market Has Been Broken for Three Years. The “new housing crisis” framing that came out of this week’s sales data is wrong. Not because the numbers are good. They’re not. January existing home sales dropped 8.4% to a 3.91M annualized rate, the slowest pace since December 2023. That’s a real
