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PLUS: Who holds the key to unlocking buyer inventory?

REAL ESTATE DATA LAG, REINVENTING BNPL, ZILLOW'S MORTGAGE PATH

Today's handpicked stories below. We love hearing from you, so keep the replies coming -- we incorporate your notes into our content and our thinking.

42% of homeowners have no mortgage, and may hold key to unlocking buyer inventory

Homeowners with 3% mortgages way less likely to sell, unlike those with no mortgage. Can this help supply in 2023? Here’s all the stats.
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Buy Now, Pay Later won’t kill credit cards, but Klarna might just reinvent the BNPL category

BNPL player Klarna doesn’t just split payments on shopper purchases. They are a shopping destination. Will it work and save the troubled BNPL category?
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Zillow doubled down on mortgage when they exited iBuying. Here’s how it’s going.

Zillow Home Loans has some wins but path forward is uncertain, long, expensive. Mike DelPrete has a briefing.
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All 20 'cities' in Case Shiller home price measure just fell. What does this mean for you?

S&P CoreLogic Case Shiller Home Prices fell in all 20 cities it measures in Dec 2022
- seasonally and non-seasonally adjusted data both show declines - released Feb 28, 2023 - The Basis Point
CoreLogic Case Shiller home prices are down 2 straight months across 20 'cities' but this data is 3-4mo behind and not local. Here's how to price a home for real.
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