Zillow Is Selling Real Estate - True - plus JAN FEB IS UP
ZILLOW IS IN THE REAL ESTATE SALES BUSINESS…Los Angeles Times Mar 24, 2020.
“Zillow, the Seattle based company has been buying homes directly from sellers in 24 U.S. markets, including the Los Angeles metropolitan area, Orange County, the Inland Empire and San Diego. During the last three months of 2019, Zillow sold 1,902 homes and purchased 1,707. Zillow lost an average of about $6,400 on each of the hundreds of homes it sold in last year’s fourth quarter.”
(Maybe it is not as easy as Zillow thinks)
RECENT POSTS:
Homebuyers are watching the economy closely, and for good reason. Buying a home is one of the biggest purchases most people ever make.
A lot of buyers are stuck in “wait and see” mode right now. They’re watching rates hover a little above 6% and thinking, I’ll buy once they hit the 5s
There’s been a lot of talk lately about how a government shutdown impacts the housing market. You might be wondering: Is it causing everything to grind to a halt?
Mortgage rates have been the monster under the bed for a while. Every time they tick up, people flinch and say, “Maybe I’ll wait.” But here’s the twist. Waiting for that perfect 5-point-something rate could end up haunting your wallet later.
These days, you’re going to want to get your price right when you get ready to sell your house. Honestly, it’s more important than ever.
After reviewing what Lake Arrowhead Buyers need most affordability and rates!
