Zillow CEO Says This Is What’s Holding Housing Back | May 7, 2026

On today’s Hot Sheet, Byron Lazine discussed CNBC’s interview with Zillow CEO Jeremy Wacksman on Zillow’s Q1 earnings, housing affordability challenges, and Zillow’s AI edge in the home buying process.

He also covered Cotality’s March 2026 home price insights showing annual growth slowed to 0.4% while prices rose 0.3% month over month.

For today’s third and final topic, Byron reviewed the U.S. Department of Labor’s weekly unemployment report, with initial claims up 10,000 to 200,000, insured unemployment down to 1,766,000, and the insured unemployment rate holding at 1.2%.