I didn't even read the article because the RGJ is usually about 2 months behind what's happening so let me know how good it is.
This is concluded from four months of rising home values. Which leads us to....
So Zillow says we're at bottom while NAR is begging lenders to dump their shadow inventory on the market. Did Zillow take into account this shadow inventory?
Second lien holders unwilling to release their right.