cover of episode 541: BiggerNews December: Zillow Quits Flipping, Inflation News, & "Power Buyers"

541: BiggerNews December: Zillow Quits Flipping, Inflation News, & "Power Buyers"

Publish Date: 2021/12/7
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BiggerPockets Real Estate Podcast

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    <p><strong>Will inflation sink real estate</strong>? Is <strong>Zillow </strong>out of the <a href="https://www.biggerpockets.com/blog/real-estate-ibuyers-versus-agents"><strong>iBuyer </strong></a>game? And why does my cash offer mean less than it did last year? <a href="https://www.instagram.com/thedatadeli/"><strong>Dave Meyer</strong></a>, VP of Data and Analytics at BiggerPockets, has heard your questions through <a href="https://www.biggerpockets.com/forums">BiggerPockets forum</a> posts, YouTube videos, and on Instagram. This data-loving sandwich connoisseur is back to walk you through <strong>the biggest stories in real estate</strong>.</p><p>As incredible as <a href="https://www.biggerpockets.com/blog/zillow-stops-buying-houses">Zillow Offers</a> was, it looks like it won’t be around any longer (at least for a while) since having a <strong>half a billion-dollar loss in Q3 of 2021</strong>. With Zillow’s exit from the iBuyer and <a href="https://www.biggerpockets.com/blog/home-flipping-rates-q3-2020">flipping market</a>, other big players like <strong>Opendoor </strong>and <strong>Offerpad </strong>have come in to fill the gap. But, what about the new “<strong>Power Buyers</strong>” in the market? Will they help or hurt real estate investors?</p><p>We’ve also seen a run-up in inflation over this past year, causing home prices to artificially soar (especially when paired with <a href="https://www.biggerpockets.com/blog/interest-rates"><strong>low interest rates</strong></a>). So what is the best move for a real estate investor to make in today’s market? Take advantage of low-interest mortgages and<strong> all-time high rent prices</strong>, or wait for a supposed <a href="https://www.biggerpockets.com/blog/housing-market-outlook-2021"><strong>housing market crash</strong></a><strong> or correction</strong>?</p><p><strong>In This Episode We Cover:</strong></p><p>Why <strong>Zillow cut their losses </strong>and exited the iBuying arena</p><p>The new “<strong>Power Buyers</strong>” in the housing market and how they could help investors like you</p><p>What a 30-year <strong>high </strong><a href="https://www.biggerpockets.com/blog/glossary/inflation"><strong>inflation</strong></a><strong> rate</strong> means for asset prices</p><p>How to take advantage of<strong> record-low interest rates </strong>for long-term cash flow</p><p>The cities in the US with the <strong>highest growing </strong><a href="https://www.biggerpockets.com/blog/how-much-to-charge-for-rent"><strong>rent prices</strong></a><strong> </strong></p><p>What to look for in a rental depending on your estimated retirement age</p><p>And So Much More!</p><p><strong>Links from the Show</strong></p><p><a href="https://www.biggerpockets.com/forums">BiggerPockets Forums</a></p><p><a href="https://www.biggerpockets.com/youtube">BiggerPockets Youtube Channel</a></p><p><a href="https://www.zillow.com/">Zillow</a></p><p><a href="https://ibuyer.com/">iBuyer</a></p><p><a href="https://www.opendoor.com/">Opendoor</a></p><p><a href="https://www.offerpad.com/">Offerpad</a></p><p><a href="https://www.redfin.com/">Redfin</a></p><p><a href="https://www.biggerpockets.com/blog/biggerpockets-podcast-480-dan-brault">BiggerPockets Podcast 480: Making $200k a Month After Being on the Verge of Bankruptcy</a></p><p><a href="https://www.knock.com/">Knock.com</a></p><p><a href="https://orchard.com/">Orchard</a></p><p><a href="https://www.homeward.com/">Homeward</a></p><p><a href="https://bandprotocol.com/">Band Protocol</a></p><p>Check the full show notes here: http://biggerpockets.com/show541</p>
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