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So companies like Zillow were over inflating the housing market by buying up entire neighborhoods by outbidding actual potential homeowners, and now may cause a bubble burst because they're stuck with all of these overpriced houses they bought and can't flip?
Believe it...we just sold ours to their competitor at Zestimate price listed. Sure beats the hell out of having a bunch of unknowns crawling through your house while you're still living in it.LOL if you ever believed the "Zestimate" on your house you are on crack.
Will be interesting to see if this is just a one-company management misstep, or a market peak event
I think it is a big greedy company misstep. People always look for and want a nice safe place to live. Been this way since the days of the Caveman. Greedy investors drive up prices and create demand based on good marketing techniques. Greedy people chasing high paying jobs keep the prices high until Covid 19 came along and reset a lot of people priorities.
**** that is awesome, in that case where do I sign up? I'd sell my house tomorrow for their listed Zestimate.Believe it...we just sold ours to their competitor at Zestimate price listed. Sure beats the hell out of having a bunch of unknowns crawling through your house while you're still living in it.