{"id":9994,"date":"2023-11-17T09:14:34","date_gmt":"2023-11-17T09:14:34","guid":{"rendered":"https:\/\/imsfund.com\/?p=9994"},"modified":"2023-11-17T09:14:34","modified_gmt":"2023-11-17T09:14:34","slug":"wework-goes-bankrupt-home-buyers-give-up-zillow-stock-plunges","status":"publish","type":"post","link":"https:\/\/imsfund.com\/index.php\/2023\/11\/17\/wework-goes-bankrupt-home-buyers-give-up-zillow-stock-plunges\/","title":{"rendered":"WeWork Goes Bankrupt, Home Buyers Give Up, Zillow Stock Plunges"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"\">\n<div :class=\"{ 'hidden': $store.proContent.showFullPrompt() }\">\n<section class=\"px-4 relative border border-slate-200 mobile-toc lg:hidden\" x-data=\"{open:false}\">\n<button x-on:click=\"open = !open\" class=\"flex items-center gap-4 my-2 border-none w-full\"><br \/>\n<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"h-6 w-6\" fill=\"none\" viewbox=\"0 0 24 24\" stroke=\"currentColor\" stroke-width=\"2\"><path stroke-linecap=\"round\" stroke-linejoin=\"round\" d=\"M4 8h16M4 16h16\"\/><\/svg><\/p>\n<p class=\"font-semibold text-slate-800 text-base m-0 js-toc-ignore\">In this article<\/p>\n<p><\/button><\/p>\n<\/section>\n<p><a href=\"https:\/\/www.biggerpockets.com\/blog\/what-the-wework-collapse-means-for-real-estate\" target=\"_blank\" rel=\"noopener\"><strong>WeWork <\/strong>goes <strong>bankrupt<\/strong><\/a>, <strong>buying a house is <\/strong>deemed <strong>a \u201cbad\u201d idea<\/strong>, and <strong>Zillow stock<\/strong> has a fire sale thanks to the recent NAR lawsuit verdict. In other words, it\u2019s just another day in the <strong>2023 <\/strong><a href=\"https:\/\/www.biggerpockets.com\/blog\/the-housing-market-has-shifting-fundamentals-that-could-impact-prices\" target=\"_blank\" rel=\"noopener\"><strong>housing market<\/strong><\/a>. Didn\u2019t have time to catch up on the news? Don\u2019t worry; we\u2019ll get you up to speed on everything happening in the world of real estate and how YOU can take advantage of this rocky market.<\/p>\n<p>First, we\u2019ll talk about how the <a href=\"https:\/\/www.biggerpockets.com\/blog\/on-the-market-157\" target=\"_blank\" rel=\"noopener\"><strong>NAR lawsuit<\/strong><\/a><strong> verdict <\/strong>sent ripples throughout the economy, <strong>sending real estate-related stock prices way down<\/strong> for companies like <strong>Zillow<\/strong>, <strong>Compass<\/strong>, and <strong>Redfin<\/strong>. This verdict could mean a devastating blow to brokerages across the country, so what will the future of buying and selling be like? Next, we discuss <a href=\"https:\/\/www.biggerpockets.com\/blog\/rookie-276\" target=\"_blank\" rel=\"noopener\"><strong>commercial real estate<\/strong><\/a><strong>\u2018s continuous slog<\/strong> and why top commercial executives expect an <strong>even SLOWER 2024<\/strong>. But there is some good news for buyers\u2026<\/p>\n<p>And if you love little offices and coworking spaces, we\u2019re sorry because<strong> WeWork filed bankruptcy <\/strong>earlier this month as the<strong> office space gets battered<\/strong>. Finally, we\u2019ll finish with a recent headline about how <strong>HALF of America thinks now is a BAD time to buy real estate<\/strong>. Are they wrong? Are they bad at math? Should you still be buying? We\u2019ll answer all that and more on this episode!<\/p>\n<p><a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/on-the-market\/id1615086704\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Click here to listen on Apple Podcasts.<\/a><\/p>\n<h2>Listen to the Podcast Here<\/h2>\n<p><iframe loading=\"lazy\" src=\"https:\/\/playlist.megaphone.fm\/?e=BIGPOC6909437054\" width=\"100%\" height=\"200\" frameborder=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<h2>Read the Transcript Here<\/h2>\n<h2>Watch the Episode Here<\/h2>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=WsAjqUFYK78123\">https:\/\/www.youtube.com\/watch?v=WsAjqUFYK78123<\/a><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">?<\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">?<\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; 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width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">?<\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">?<\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">?<\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">?<\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">?<\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">?<\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">?<\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">?<\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">?<\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">?<\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">?<\/span>?<\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">?<\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">?<\/span><\/iframe><\/p>\n<h2>Help Us Out!<\/h2>\n<p>Help us reach new listeners on iTunes by leaving us a rating and review! It takes just 30 seconds and instructions can be found <a href=\"https:\/\/www.biggerpockets.com\/forums\/25\/topics\/161423-do-you-listen-to-the-bp-podcast\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a>. Thanks! We really appreciate it!<\/p>\n<h2>In This Episode We Cover:<\/h2>\n<ul>\n<li>The <strong>NAR lawsuit\u2019s ripple effects <\/strong>that will <strong>affect the entire real estate industry<\/strong><\/li>\n<li>Commercial real estate\u2019s sales slump and why <strong>2024 could bring even better deals<\/strong><\/li>\n<li>Why WeWork Won\u2019tWork and what their <strong>massive bankruptcy<\/strong> means for the office space<\/li>\n<li>America\u2019s ongoing housing market pessimism and why <strong>buying with <\/strong><a href=\"https:\/\/www.biggerpockets.com\/blog\/mortgage-rates-reach-20-year-high\" target=\"_blank\" rel=\"noopener\"><strong>high mortgage rates<\/strong><\/a> ISN\u2019T such a bad idea<\/li>\n<li>And <strong>So<\/strong> Much More!<\/li>\n<\/ul>\n<h2>Links from the Show<\/h2>\n<p><em>Interested in learning more about today\u2019s sponsors or becoming a BiggerPockets partner yourself? Email <\/em><a href=\"http:\/\/www.biggerpockets.com\/cdn-cgi\/l\/email-protection#4b2a2f3d2e393f22382e0b29222c2c2e393b2428202e3f3865282426\" target=\"_blank\" rel=\"noopener noreferrer\"><em><span class=\"__cf_email__\" data-cfemail=\"e58481938097918c9680a5878c82828097958a868e809196cb868a88\">[email\u00a0protected]<\/span><\/em><\/a><em>.<\/em><\/p>\n<p class=\"italic\"><b>Note By BiggerPockets:<\/b> These are opinions written by the author and do not necessarily represent the opinions of BiggerPockets.<\/p>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.biggerpockets.com\/blog\/on-the-market-160\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this article WeWork goes bankrupt, buying a house is deemed a \u201cbad\u201d idea, and Zillow stock has a fire sale thanks to the recent NAR lawsuit verdict. In other words, it\u2019s just another day in the 2023 housing market. Didn\u2019t have time to catch up on the news? Don\u2019t worry; we\u2019ll get you up [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":9995,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2023\/11\/OTM-copy.jpg","fifu_image_alt":"","footnotes":""},"categories":[9],"tags":[],"class_list":["post-9994","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/9994","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/comments?post=9994"}],"version-history":[{"count":1,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/9994\/revisions"}],"predecessor-version":[{"id":9996,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/9994\/revisions\/9996"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media\/9995"}],"wp:attachment":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media?parent=9994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/categories?post=9994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/tags?post=9994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}