I think the housing market top was kind of called when Zillow started instant buying houses. With the inventory high and people having less discretionary money left over after essential costs. This means that people just don't have the money to spend on houses right now.
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I never heard of Zillo Insta-buying houses...What exactly was that?
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At the peak of the housing prices during the lockdowns, Zillow decided to list a price that they would buy your house for. It didn't work out as plan because they couldn't flip the homes to earn enough profits and it failed.
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Oh. That’s unfortunate.
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