Zillow Economist Calls Out Redfin, 1 in 3 Homeowners Won’t Give Up Their Low Rate, & CPI

On today’s episode of the Knowledge Brokers Podcast, Byron Lazine, Tom Toole, and Lisa Chinatti discuss Zillow’s response to a Redfin report predicting a 6-12% inventory boost from phased marketing.

They also cover surprising “lock-in effect” trends, significant gaps in consumer mortgage education, the impact of AI on the lending industry, and today’s CPI report.

⏰ Timestamps

00:00 – 00:39 – Intro

02:20 – Topic 1: Zillow Economist Says Redfin’s Math “Doesn’t Hold Up”

05:31 – Redfin Has Biased Reporting Historically

11:05 – The Difference Between a Good Agent and a Great Agent

17:26 – Lance Lambert Heat Map

21:30 – Topic 2: 1 in 3 Homeowners Say They Won’t Give Up Their Low Mortgage Rate

23:16 – They’re Using All These Big Headlines to Drive Fear

25:40 – A lot of Private Deals Are Blowing Up (Highest Cancellations)

27:16 – More than 59% Felt The Weren’t Informed About Mortgage Options

43:43 – Topic 3: CPI Data

45:55 – CME Data: 98.4% Rates Stay The Same. 1.6% Chance There’s a Hike

49:50 – 3 Major Shifts That Are Happening