Steve Eisman’s BIGGEST SHORT Right Now! Real Estate Newest Craze: iBuyers.

What is your opinion on the iBuyer business? Doomed to fail? Or great idea?

We were told the insanity of the housing boom and bust was over. We learned our lesson. Pay down debt. Try to put as much as possible on the down payment. Don’t take risk. That didn’t seem to last very long! The newest multi-billion dollar craze is the iBuyer. No, this has nothing to do with Apple and Steve Jobs. Let’s break it down right now.

 

Council Post: iBuyers: Is The Convenience Worth The Cost?

www.forbes.com/sites/forbesnycouncil/2018/06/05/ibuyers-is-the-convenience-worth-the-cost/#309b68a557dc

The Ever-expanding iBuyer Footprint | ATTOM Data Solutions

www.attomdata.com/news/market-trends/the-ever-expanding-ibuyer-footprint/

iBuyer-Infographic-768×1924.jpg (768×1924)

www.attomdata.com/wp-content/uploads/2019/05/iBuyer-Infographic-768×1924.jpg

China trade war leads to lower mortgage rates for Americans

www.cnbc.com/2019/05/23/china-trade-war-leads-to-lower-mortgage-rates-for-americans.html

The Average Rent Reaches $1,436 in April, with Apartments in Two-Thirds of Cities Renting for Less than the National Average  – RENTCafé rental blog

www.rentcafe.com/blog/rental-market/national-average-rent-reaches-1436-rental-season-starts/

America’s Largest Cities Are Shrinking

finance.yahoo.com/news/america-largest-cities-shrinking-040101410.html

Blackstone, Brookfield among bidders for Anbang’s U.S. luxury hotels portfolio: Financial Times – Reuters

www.reuters.com/article/us-anbang-divestiture/blackstone-brookfield-among-bidders-for-anbangs-us-luxury-hotels-portfolio-financial-times-idUSKCN1SR1WM