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:
If you've been thinking about selling, you've probably seen plenty of headlines suggesting buyers have just about disappeared.
If the first half of this year has left you feeling stuck, you're not the only one. Mortgage rates stayed higher than people wanted.
Saving for a down payment can feel like the hardest part of buying a home.
After the Fed's June meeting, "I'll wait for rates to drop" is a weaker bet. Here's the honest version of that conversation.
One of the biggest reasons buyers are still sitting on the sidelines is because they think home prices are going to come down.
A lot of people who want to move are telling themselves the same thing:
"Maybe I'll just wait until later this year once things calm down."
