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To promote its newest shoes, the Swiss athletic apparel brand On filmed a fictional movie trailer with Zendaya. Zone Dreamers stars the actress as an elf-eared astronaut who wears athleisure, trains in space with her flight crew, and—On hopes—sells some merchandise. It’s all an elaborate ad campaign for On’s new low-profile sneaker, Cloudzone, its one-piece Studio Knit Bodysuit, and other offerings from the company’s Spring/Summer 2025 Movement Lifestyle collection, which Zendaya wears throughout. (Consumers hoping to get their hands on the futuristic space suit Zendaya sports in one scene will be disappointed to learn that it’s not part of the collection. Celebrity s…

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Zillow economists just published their updated 12-month forecast, projecting that U.S. home prices—as measured by the Zillow Home Value Index—will rise 1.5% between October 2025 and October 2026. Heading into 2025, Zillow’s 12-month forecast for U.S. home prices was +2.6%. However, many housing markets across the country softened faster than expected, prompting Zillow to issue several downward revisions. By April 2025, Zillow had cut its 12-month national home price outlook to -1.7%. In late spring, Zillow stopped issuing downward revisions. In A…

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Zillow economists just published their updated 12-month forecast, projecting that U.S. home prices—as measured by the Zillow Home Value Index—will rise +1.2% between August 2025 and August 2026. Heading into 2025, Zillow’s 12-month forecast for U.S. home prices was +2.6%. However, many housing markets across the country softened faster than expected, prompting Zillow to issue several downward revisions. By April 2025, Zillow had cut its 12-month national home price outlook to -1.7%. However, in recent months, Zillow has stopped issuing downward r…

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Once again, Zillow has downgraded its 12-month forecast for national home prices. On Wednesday, Zillow economists published their updated forecast model, projecting that U.S. home prices, as measured by the Zillow Home Value Index, will fall 1.7% between March 2025 and March 2026. Back in March, Zillow downgraded its 12-month outlook for U.S. home prices to +0.8%. In February, Zillow downgraded its 12-month outlook to +1.1%. And at the start of the year in January, Zillow’s 12-month national home price forecast was +2.9%. Why does Zillow keep do…

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Zillow economists just published their updated 12-month forecast, projecting that U.S. home prices—as measured by the Zillow Home Value Index—will rise 2% between November 2025 and November 2026. Heading into 2025, Zillow’s 12-month forecast for U.S. home prices was +2.6%. However, many housing markets across the country softened faster than expected, prompting Zillow to issue several downward revisions. By April 2025, Zillow had cut its 12-month national home price outlook to -1.7%. In the second half of this year, Zillow began upgrading its fo…

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Zillow economists just published their updated 12-month forecast, projecting that U.S. home prices—as measured by the Zillow Home Value Index—will rise +1.2% between August 2025 and August 2026. Heading into 2025, Zillow’s 12-month forecast for U.S. home prices was +2.6%. However, many housing markets across the country softened faster than expected, prompting Zillow to issue several downward revisions. By April 2025, Zillow had cut its 12-month national home price outlook to -1.7%. However, in recent months, Zillow has stopped issuing downward r…

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. This week, Zillow economists published their updated 12-month forecast, projecting that U.S. home prices—as measured by the Zillow Home Value Index—will fall by 0.9% between April 2025 and April 2026. After a series of downward revisions—beginning in January, when Zillow’s 12-month national home price forecast was +2.9%, and subsequently lowered each month until reaching -1.7% last month—Zillow has finally stopped downgrading its outlook. That said, it’s fair to call the Zillow economist bearish, given that for this forecast to be correct, 2025 …

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. A recent Zillow analysis suggests it would take a drop of more than one percentage point—to 4.43%—for the median-income U.S. homebuyer to comfortably afford the median-priced U.S. home. And that assumes a 20% down payment, which many first-time buyers are unable to make. Even more striking, in several high-cost coastal metros, not even a 0% mortgage rate would make the median-priced local home affordable for a household earning the local median income. This includes New York, Los Angeles, Miami, San Francisco, San Diego, and San Jose, where taxes, in…

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Last week, Zillow announced a new policy that bans home listings from appearing on the platform if they were first listed for sale in private networks more than 24 hours before appearing on the Multiple Listing Service (MLS). That’s an attempt by Zillow to keep more inventory on the “public” housing market. “If a listing is online, it should be online everywhere. . . . If a listing is marketed to any home shoppers, it should be marketed to all home shoppers,” wrote Zillow. The announcement comes as some brokerages, most infamously Compass, ar…

The people of New York have spoken. In electing Zohran Mamdani mayor, they voted for generational change, democratic socialism, and joyful pop-culture politics. The historical significance of Mamdani’s victory will be parsed for days, weeks, and years to come. But the people of New York did not just elect a mayor, they also voted to change the way housing gets built in one of the tightest housing markets in the United States. Voters passed three ballot initiatives designed to speed up and increase housing production by an even greater margin than Mamdani’s victory. With these ballot initiatives, Mamdani also won a huge victory—one he didn’t even campaign for, th…

New York City’s incoming mayor, Zohran Mamdani, hasn’t taken office yet. But he’s already the new avatar of evil for conservative media figures. He’s been called “downright sinister” and “incompatible with America.” His labels include commie, Marxist, jihadist sympathizer and “seething leftist.” Fox News’ Laura Ingraham warned her viewers not to be fooled by “smiling socialists who rule like Soviet tyrants.” A New York Post post-election cover that depicted Mamdani holding aloft the Soviet Union’s hammer and sickle symbol sold out on newsstands by noon and was offered on e-Bay for $75. By the end of the day, the Post was selling baby onesies and commemorative plat…

Zohran Mamdani was elected mayor of New York on Tuesday, capping a stunning ascent for the 34-year-old, far-left state lawmaker, who promised to transform city government to restore power to the working class and fight back against a hostile The President administration. In a victory for the Democratic party’s progressive wing, Mamdani defeated former Gov. Andrew Cuomo and Republican Curtis Sliwa. Mamdani must now navigate the unending demands of America’s biggest city and deliver on ambitious — skeptics say unrealistic — campaign promises. With his commanding win, the democratic socialist will etch his place in history as the city’s first Muslim mayor, the first of Sou…

Zohran Mamdani was a trailblazing candidate whom many in his city of 8 million — some with hope, some with trepidation — expect to be a disruptive New York mayor. The democratic socialist’s plans for his first day in office on Thursday nod to his politics and priorities, without straying far from his predecessors with a sober official midnight oath-taking followed by a more celebratory ceremony in the afternoon. New York law spells out that four-year mayoral terms start on the January 1 after elections. To avoid any ambiguity about who’s in charge of America’s most populous city, it has become a tradition to hold a small midnight swearing-in. Mamdani has chose…

Last month, more than 450 artists designed a custom sticker to support Zohran Mamdani’s New York City mayoral campaign—and, pretty soon, you’re going to be seeing the winning design everywhere. On September 25, Mamdani’s campaign announced through an Instagram video that it would be hosting a sticker design contest to get New Yorkers registered to vote before the October 25 deadline. The competition gave followers just 36 hours to submit their designs, during which hundreds of pieces of art flooded the campaigns’ submission portal. Now that a winner has been selected, anyone who is registered can submit a form on Mamdani’s website and pick up the sticker at one of Mam…

Meta Platforms CEO Mark Zuckerberg took the stand on Monday at a high-stakes trial in Washington over U.S. antitrust enforcers’ claims that the company spent billions of dollars to acquire Instagram and WhatsApp to fend off Facebook competitors. The FTC is seeking to force Meta to restructure or sell Instagram and WhatsApp, testing President Donald The President’s promises to take on Big Tech while posing an existential threat to a company that by some estimates earns about half of its U.S. advertising revenue from Instagram. Wearing a dark suit and light blue tie, Zuckerberg calmly responded to questions while seeking to combat allegations Meta bought the compani…

During my tenure at Facebook, now Meta, from 2014 to 2017, posters were plastered all over the grounds. “The job is only 1% done.” “Move fast and break things.” I was struck by one in particular on my first day of orientation: “Nothing at Facebook is someone else’s problem.” No matter my department or title, I had permission to take ownership of a problem and fix it. It’s the corporate version of “If you see something, say something,” or, in this case, do something. The irony is that I’m saying something because I see what Meta is now doing. It is actively making their problem with diversity, equity, and inclusion (“DEI”) everyone else’s problem. To me it’s clear the comp…

Meta CEO Mark Zuckerberg once considered separating Instagram from its parent company due to worries about antitrust litigation, according to an email shown Tuesday on the second day of an antitrust trial alleging Meta illegally monopolized the social media market. In the 2018 email, Zuckerberg wrote that he was beginning to wonder if “spinning Instagram out” would be the only way to accomplish important goals, as big-tech companies grow. He also noted “there is a non-trivial chance” Meta could be forced to spin out Instagram and perhaps WhatsApp in five to 10 years anyway. He wrote that while most companies resist breakups, “the corporate history is that most com…