With the inventory so low - especially for the one-story houses - here's a seller who senses an opportunity. We just listed the premier single-level floor plan in Aviara for a reasonable $1,900,000! How hot are the one-story homes? Here's the action after 15 minutes...
Zillow
Top 10 Hottest Markets
These look like the towns to which people from New York and California are moving. Excerpts: The boomer tide in the for-sale housing market is expected to continue to rise for at least the next 8 years; younger millennials will be hitting first-time home buying age at...
Zillow Local Forecasts
The Zillow 1-Year Forecasted Values are down 1-2 points from their previous guesses last month, but still very strong. This is their third consecutive month with similar forecasts: NW Carlsbad, 92008: SE Carlsbad, 92009: NE Carlsbad, 92010: SW Carlsbad, 92011: Carmel...
Zillow Offers Follow-Up
Susie asked for a Zillow Offers update, and yesterday they announced that the unwinding is going just fine. While the debacle did tank their stock price, they figured it would be a good time to buy more for themselves: SEATTLE, Dec. 2, 2021 - Zillow Group, Inc. today...
Zillow 2022 Local Pricing Forecast
Zillow has been vilified for many reasons, but the one thing they have going for them is the viewer data for each area. If their 2022 projections are based on the number of clicks on listings, then their forecast should be a reasonable reflection of the actual demand...
Zillow – What’s Next?
Mike pointed out that Zillow simply kept paying too much for homes, and instead of adjusting on purchase prices being offered, they shut it down yesterday. But Zillow is too big and too aggressive to rest. Here's what Mike thinks could be next: While Zillow 2.0 may...
Zillow Quits Home Flipping
If you can't make a profit flipping houses in this market, well then yeah, you should probably stop (hat tip G.A.!) Real-estate firm Zillow Group is exiting the home-flipping business, saying on Tuesday that its algorithmic model to buy and sell homes rapidly doesn’t...
Zillow Fumble
It's too bad they would rather give discounts to insiders, instead of just lowering the price on the individual listings and let the retail buyers benefit. Zillow Group Inc. is looking to sell about 7,000 homes as it seeks to recover from a fumble in its high-tech...
Zestimate Manipulation
Zillow did get around to updating their Estimated market value after a few days. They kicked up the zestimate by $633,200 to get within 0.18% of the list price - and they are still wrong! It is incredible how much faith and confidence the consumers put in their...
Zillow Offers Takes a Break (?)
Hat tip to GA for sending this in: Zillow Group Inc. is taking a break from buying U.S. homes after the online real estate giant’s pivot into tech-powered house-flipping hit a snag. Zillow, which acquired more than 3,800 homes in the second quarter, will stop pursuing...