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Zillow has listed a staggering 93% of the hundreds of Phoenix homes it owns at a loss [1] 1. https://www.businessinsider.com/zillow-offers-ibuyer-sell-phoenix-
by EastOfTruth 5y ago
Zillow has listed a staggering 93% of the hundreds of Phoenix homes it owns at a loss [1]
1. https://www.businessinsider.com/zillow-offers-ibuyer-sell-phoenix-homes-at-a-loss-2021-10 https://www.businessinsider.com/zillow-offers-ibuyer-sell-ph...
- refurb 5y ago“Listed”, not sold. Homes typically go for well over listing
- EastOfTruth 5y ago> “Listed”, not sold. Homes typically go for well over listing In a bull market, about 50% of homes sell above list price [1]... It can change quickly. 1. https://magazine.realtor/daily-news/2021/06/01/a-record-share-of-homes-are-selling-above-list-price https://magazine.realtor/daily-news/2021/06/01/a-record-shar...
- bagacrap 5y agoit depends on the market. This is definitely true in the Bay Area right now, but not true in the city where I live.