Just another example of Zillow having NO CLUE about the value of local real estate. They’re a lagging indicator and either are clueless or an active participant in suppressing the value of properties at least to the unknowledgeable (Brokers and the public).
Zillow was forced to raise their Guess-timate by over $2.3 MILLION on that property in the last 30 days.
@mikesimonsen @Milehighmilede1 Probably worth noting that according to our latest report at @Attomdata, 90% of borrowers in foreclosure have positive equity - many have more than 25% equity. During the last cycle most borrowers in foreclosure were underwater on their mortgages. Big difference.
Serious big ball buyer!
Rising rates didn’t bother him!
Just another example of Zillow having NO CLUE about the value of local real estate. They’re a lagging indicator and either are clueless or an active participant in suppressing the value of properties at least to the unknowledgeable (Brokers and the public).
Zillow was forced to raise their Guess-timate by over $2.3 MILLION on that property in the last 30 days.