The real estate market is cooling and there are big implications for investors

A hot housing market has priced many new buyers out. Before you make an offer on that suspiciously discounted house — think again; you might want to hold off. The housing market is starting to cool, home construction stocks are selling off and real estate firms are laying off employees. This week, the 30-year mortgage…

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Amazon has a problem: too much warehouse space

Record e-commerce growth sent industrial warehouse demand soaring in the past two years. Amazon — the largest e-commerce giant with 56.7% of the U.S. market — doubled warehouse capacity during COVID but has a new problem: too much warehouse space. Amazon bit off more than it could store Amazon is one of the most prominent…

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Is the housing market in a bubble?

B-word incoming: On March 29, the Dallas Fed warned of a potential housing bubble — thanks to a hot housing market. Per AEI Housing Center, US home prices jumped 31% in 2020 and grew 17% annually — while markets in Austin, Phoenix and Tampa have doubled that pace. Analyzing housing like stocks Fortune Senior Editor…

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Zillow exits the iBuying business

2021 was a good time to own real estate — but a terrible one for real estate stocks. Despite a hot 2021 real estate market, home flipping businesses performed terribly — with Zillow down 37%, Opendoor down 12%, and Offerpad down 29%. What’s the big deal? Zillow transformed from a real estate marketing-focused business into…

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Zillow and Opendoor ride the iBuying wave — Redfin, not so much

Real estate has been one of the slowest industries to adopt technology but over the past decade, a suite of tools has digitized the homebuying experience: Zillow ($Z) offers an online marketplace to buy/sell your home. Redfin ($RDFN) is a real estate brokerage that focuses on using technology to service clients while offering lower agent commissions. But…

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