[quote=deadzone][quote=sdrealtor]Z up 10%+ today[/quote]
Well, still down about 75% from its peak. Trend is pretty clear. These rapidly rising interest rates will destroy Zillow and all the ibuyers.[/quote]
Zillow is a marketing company. They make money selling advertising and leads. The tougher the market gets the more willing naive realtors are to spend even more on worthless advertising and leads. They are still 25% above pre pandemic and ibuying misadventure