3% Mortgages, 50% Occupancy, $100M Zillow Deal & 26% Less Inventory — What Happens Next?

Vacation rental listings have hit a record high of 1.77 million, but national occupancy has crashed to around 50%. In this week's market trends episode, Matt Lombardi and Steve Kaempf break down why so many short-term rental investors are now underwater and quietly selling off. Plus: a new bill (the MOVE Act) proposes letting homeowners transfer their low mortgage rate to their next home, Zillow pays Redfin $100 million to settle an FTC antitrust case, NAR launches a new Commercial Real Estate Demand Index, the Sitzer-Burnett settlement is officially upheld on appeal, and a new report names Illinois the most affordable state in the US for typical buyers. They also break down July housing stats for Illinois, Chicago Metro, and Wisconsin — where Chicago inventory is down over 26% year-over-year. New episodes of Market Trends drop every week — subscribe so you don't miss the next one. #VacationRentals #HousingMarket2026 #RealEstateNews #MarketTrends #Zillow #MortgageRates #RealEstateInvesting #ChicagoRealEstate #ShortTermRentals #RealtorLife #markettrends #peoplenottitles Full episodes available at www.peoplenottitles.com People, Not Titles podcast is hosted by Steve Kaempf and is dedicated to lifting up professionals in the real estate and business community. Our inspiration is to highlight success principles of our colleagues. Our Success Series covers principles of success to help your thrive! Website: http://peoplenottitles.com/ YouTube:    / @peoplenottitles   Instagram:   / peoplenottitles   Linkedin:   / stephen-kaempf-b66a8013   X: https://x.com/sjkaempf Spotify : https://open.spotify.com/show/1uu5kTv...