Housing market stares down 2 shifts in the wake of SVB's collapse, says Zillow

The recent collapse of Silicon Valley Bank has sent shockwaves through the real estate industry as builders and agents alike scramble to understand what it means for mortgage rates and the economy at large.

In an article published on Tuesday, Zillow chief economist Skylar Olsen gave two predictions for how the shutdown of Silicon Valley Bank could impact the U.S. housing market in 2023.