This sold for $6,000,000 cash (5% over list) and 7-day escrow:
Jim the Realtor
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!
This sold for $6,000,000 cash (5% over list) and 7-day escrow:
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.