Zillow Wins Major Court Battle & The Fed Exposes A Growing Split On Rates

In this episode, Byron Lazine, Tom Toole and Lisa Chinatti examine why the court found zero substance in the RESPA and RICO allegations against Zillow. They also react to FOMC dissent, Fed Chairman Kevin Warsh’s firm message on inflation, and what the current bond market signals for future interest rates.

⏰ Timestamps:
00:00 – 01:01 – Intro
01:17 The Zillow Lawsuit Just Got Dismissed
06:18 Social Media “Click Baiters” Were Throwing RICO Around Like It Was Tony Soprano Stuff
11:58 Zillow’s Official Response After Getting the Win
18:16 The Judge Said This Case Has “Zero Substance”
21:12 “Don’t Hate the Player, Hate the Game”: Why Hating Zillow Is a Waste of Time
23:15 The “Slop Cannon”: Why So Many Stage Speakers Have Never Actually Done the Business
28:10 Kevin Warsh’s Blunt Message: “Don’t Look for Me to Be Your Referee”
32:36 Robert Reffkin Called the Market Bottom on TV Twice and Was Wrong Both Times
34:58 Why This Market Beats 2021 (Even Though 2021 Felt Better)
39:38 Most Agents Think “Listed” Means “Sold.” That’s Not the Job
50:13 The Biggest Problem With Industry Events
52:23 Every Vacation You Take Is a Trade-Off Against Your Business Growing