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Will we start 2022 with all-time lows in housing inventory?

Housing Wire

2 million , we could be at risk of housing inventory falling to such low levels that I would have to categorize this housing market as unhealthy. This type of sales growth — which couldn’t happen from 2008-2019, as I have often stated — is coming with a hefty price tag. 2020 and 2021 easily each have over 6.2

Inventory 520
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Inside Redfin’s unique, brave and vulnerable business model

Housing Wire

For the hours you put in,” Wilfinger said. Some agents, like ones at RE/MAX , even pay the brokerage fees for office space and marketing tools. Grace Alipour spoke loudly into the phone over the cries of her two-year-old being strapped into a car seat. “I I started at Redfin 12 years ago,” she said. The pay wasn’t great.”.

Business 370
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Hit list: Inside CoStar’s all-out war against Zillow

Housing Wire

We have done a million dollars of market research in the last couple of months. CoStar has not significantly grabbed market share of for-sale residential, perhaps the largest total addressable market in U.S. Andy Florance, CEO and founder of CoStar. And we have found that Zillow is not the leader in the space.

Brokerage 409
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Zillow Zinged

Cleveland Appraisal Blog

I have written several articles demonstrating the inaccuracy of AVMs like Zillow’s Zestimates. Zestimate…Ten Properties ” and finally, “ iBuyers…The Pawn Shops of Real Estate “ Obviously, this topic is of interest to me, seeing is that value is my profession. They are excellent at marketing.