WHAT A BUMMER! PCE does not bode well for inflation trend. pay close attention to trimmed mean PCE too. no good there either. other place I look for hope that we're mitigating overall prices is market rate rent RE ZORI. Cross fingers for February data... #Fed #inflation #PCE

Fed and Treas will help get depositors ALL their $ & chain reaction avoided! That's comforting. But extraordinary actions show just how much risk to the system. That’s scary. But mortgage rates should come down. That's comforting. Crazy mixed up world.

Impossible now, but the big Q is where mortgage rates will be after economic news settles down & beyond. I'll watch the spread between mortgage rates & 10-year treas. It’s a good place to see stressors in the secondary mortgage market. More big MBS sales? public.tableau.com/app/profile/zi…

With an unfortunate freeze frame for a good laugh and #DataDrops everywhere, love making #housing professionals into empathetic experts #turnOnTheLights #DataIsEmpowerment zillow.com/multifamily-kn…

What an incredible blast from the past: Pre-pandemic we would do media interviews from a sound proof room downtown. Today I have an interview for CNBC and figured I’d popped down and use the old room. This was on the wall behind the camera. Wild.

Too much positivity about CPI. Softer than pre-pandemic ZORI suggests shelter CPI should continue to slowdown, but seas. adj. growth in market rate asking rent is returning. It will take much more softening to move the Fed towards an accommodative stance. #mortgage #cpidata #ZHL

Last month's reading really harshed my vibe. I'm back to feeling on track again! Core and trimmed #PCE month-over-month come back down towards target pace (tho still a bit above...). #mortgagerates should steadily improve, y'know, while bouncin' around like usual.

The #Fed cut rates for the first time since March 2020, by half a point. Check out this video on Zillow's YouTube where I explain why this happens and why this fall could be the sweet spot for buyers: youtu.be/fq3bpLTfKgE?si…

Something learned from yrs w/ Zillow and teaching RE disruption at University of Washington : we'll get no where if we don't understand the problem space 1st. Why Only 24% of Home Buyers Are First-Time Buyers (And the Innovations Doing Something About It) youtu.be/s4wKeMEb0T4?si… via YouTube

Check out my latest article: Geographic Flexibility Could Add Years to Your Retirement: Interactive Data linkedin.com/pulse/geograph…. Diana Olick up your alley.