All Zillow Real Estate Transactions Halted Until 2022
The popular real estate platform, Zillow, has announced it will pause all home purchases until 2022.
The service in question is called “Zillow Offers” in which the company buys homes directly from sellers.
One company executive said the change was due to a “backlog of inventory.”
This goes to show that very smart billionaires, like the people who own Zillow, understand that buying real estate is the smartest move you can make right now!
They’ve bought so much they can’t even process what they have.
Fortunately for investors, Zillow does not have a complete monopoly on real estate!
That is something worth jumping on ASAP.
Because for every discounted property you snow-ball your money into, your retirement will get years closer… and much more comfortable.
Bank of America Sends Investors Into a Frenzy
They know the stock market is slowly collapsing, but real estate investing on the other hand is getting even easier.
They say their long-term model to predict S&P 500 returns has gone negative for the first time since 1999.
“Price-to-normalized earnings has a very strong relationship to subsequent S&P 500 returns over the long haul,” BofA analysts, led by Savita Subramanian, said recently.
“The S&P 500’s current trailing normalized PE ratio suggests a 10-year, annual 12-month price return of negative 0.5%, representing the first negative returns since the tech bubble.”
And BoA is not alone in predicting a fall in stocks. Many other analysts are warning investors that the bull market is coming to an end.
Real estate at “normal market values” is hands-down better than stocks… but at this incredible 50 % discounted prices… it can be truly life-changing and you will be immune to any possible stock collapse!