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Why the housing market is 'challenged' right now: Zillow CEO

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Housing Market Nyheter

Mortgage Rates,Moving Forward,Market Domination

The housing market has seen a bit a reprieve as mortgage rates have fallen to 15-month lows with the 30-year fixed-rate mortgage falling below 7%, but is...

Zillow Group CEO Jeremy Wacksman joins Market Domination to give insight the state of the housing market and what investors and home buyers should know moving forward.

But I would say we've had so many of those in the last couple of years that buyers and sellers have kind of found this as the new normal and the demand we have in the marketplace.Generally, we have a lot of pent up demand from sellers who are stuck in their homes and stuck in, you know, locked in on a rate that they don't want to move out from.So the demand coil has really been loaded on both sides.

PARIS — Ethiopian runner Tamirat Tola won the men's marathon at the Paris Olympics on Saturday to end Kenya's dominance of the race.The chirpy comedy-drama was a lockdown hit despite a snooty response from critics and Parisians alike.

 

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