Zillow bought a house in a neighborhood where I’m active

[sdrealtor]

[quote=scaredyclassic]If they’d tried this 5 years ago, they’d be geniuses. Just bad timing…[/quote]

6-9 months ago would’ve worked. They loaded up during q3 paying big premiums when prices were flattening.

The CEO blamed it on the difficulty of forecasting home values which is their supposed expertise. He undercut their entire value proposition with that PR gaff. He’ll be looking for a new job soon

[teaboy]

[quote=sdrealtor]
The CEO blamed it on the difficulty of forecasting home values which is their supposed expertise. He undercut their entire value proposition with that PR gaff. He’ll be looking for a new job soon[/quote]

I dont see why; The Weather Channel and just about every financial prognosticator seem to keep getting away with it.

tb

“It’s tough to make predictions, especially about the future” Niels Bohr …or was it Yogi Berra?

[Myriad]

Seems like a good time for Elon to step in with a “new & revolutionary” way to renovate homes for solar and get a Tesla. And you can buy with bitcoin or whatever coin de jour he’s hyping.
home prices to the moon

[scaredyclassic]

The z estimates for current value seem close. But their website also predicts next year’s house appreciation. That seems almost…fraudulent.

[teaboy]

[quote=Myriad]
home prices to the moon[/quote]

Why stop there? Home prices to Mars!

Literally. Sell your home to Elon for a one way ticket on SpaceX’s interplanetary version of the Titanic.

tb

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