In my view, interest rates are more likely than not going to head lower over the course of 2026 and into 2027. I'm not saying we're due for a pandemic-like selloff, but I do think that weakness in the labor market is likely more protracted than the government data suggest. As such, I do think the makeup of the Federal Reserve, and which way many of its presidents and voting members lean (toward providing support for the labor market over battling inflation) could lead to much faster rate cuts than many think.
Last year was dismal for the real estate market, and he expects things to improve only marginally in 2026. (If January's historic drop in home sales is indicative, that even is overoptimistic.) "The way to think about it is that there were 4.1 million existing homes sold last year-a normal market is 5.5 to 6 million," Wacksman says. He hastens to add that Zillow itself is doing better than the real estate industry overall.
Craig's expertise and strong track record of growth make him exceptionally well suited to guide Ascribe through its next phase of growth, Nice said. His operational expertise and deep understanding of technology-enabled services will serve our clients and partners by further raising the bar for accuracy, compliance, and efficiency.