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Zillow has listed a staggering 93% of the hundreds of Phoenix homes it owns at a loss


sri_india

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5 minutes ago, sri_india said:

this bubble also comes to an end eventually ...

 

Just another VC funded tech firm burning investor money to increase market share . 

I like the basic idea behind ibuying program but the implementation seems to be beyond their capacity 

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4 minutes ago, Ryzen_renoir said:

Just another VC funded tech firm burning investor money to increase market share . 

I like the basic idea behind ibuying program but the implementation seems to be beyond their capacity 

right , zillow is not going to have huge losses , just $7-$10million , this may even attract retail investors when they see price lower than listed price but zillow getting tough competition in ibuying from opendoor and few others

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7 minutes ago, sri_india said:

right , zillow is not going to have huge losses , just $7-$10million , this may even attract retail investors when they see price lower than listed price but zillow getting tough competition in ibuying from opendoor and few others

toured two opendoor owned houses and they are crap, came to market without any cleanup … not sure of their bussiness model

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2 hours ago, sri_india said:

this bubble also comes to an end eventually ...

 

Same in dallas market rate kanna chala ekkuva petti konnaru especially 250k homes 350 k ki konnaru kike chala kalam pending lo vunna homes kuda 

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2 minutes ago, manadonga said:

Same in dallas market rate kanna chala ekkuva petti konnaru especially 250k homes 350 k ki konnaru kike chala kalam pending lo vunna homes kuda 

Same in PA.ppl doing the same, na frnd house warming ki vellam, house emo $ 300k antunnadu, choosthae $150 kooda kastamae annattu undhi valakam.

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1 minute ago, manadonga said:

Same in dallas market rate kanna chala ekkuva petti konnaru especially 250k homes 350 k ki konnaru kike chala kalam pending lo vunna homes kuda 

Yeah ade ardam kale, they are much older as well from what I observed.

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2 minutes ago, Pavanonline said:

Yeah ade ardam kale, they are much older as well from what I observed.

Yes just carpet tesesi floor esi malli kicthen change chesi dabba home 400k pedutunnadu 

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