Sun.Nov 07, 2021

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Zillow Offers As A Proxy For 'Big Data' Shows The Lack Of Qualitative Analysis

Miller Samuel

Yes, big data usually infers 'quantitative' analysis, as in "relying on numbers." The Zestimate legacy of profound inaccuracy finally reached a devastating conclusion with the collapse of Zillow Offers this week and the loss of hundreds of millions in shareholder equity. Zillow never figured out the qualitative part that enables the actual precision in the pricing of a home sale.

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From Laid Off to Investment Real Estate Success: One Agent’s 5-Year Climb to Triumph

McKissock

When Tyler Weinrich scored his dream job at a software company he had no way of predicting that in just one year his career would veer into investment real estate. Yet life doesn’t always go as planned and when the company announced they were downsizing, Weinrich discovered he was laid off. . About a year before the layoffs Weinrich volunteered to get his real estate license as the company needed a staff member who was an official real estate agent.

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This Just In: The 'A' in 'Zillow' Stands for 'Accuracy'

Miller Samuel

The news came quickly and brutally (especially if you were a ZG investor): @mortgage_yack #zillow #PINKHolidayRemix #realestate #utahrealestate ? original sound - Jack. I jumped on the bandwagon with this: This just in: The “A” in “Zillow” stands for “Accuracy.” [link] — Jonathan Miller (@jonathanmiller) November 3, 2021. And this was a perfect post: so zillow let a robot buy up thousands of properties, outbidding real buyers and artificially inflating the market, and now will be laying of

Brokerage 386
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BiggerPockets Money Podcast 247: Turning 31 Years of Financial Disaster into Ultimate Freedom w/ Alex Felice

BiggerPockets

There are few people on this earth that can make Mindy laugh as much as Alex Felice. He’s been around the block with BiggerPockets a few times, appearing on episode […].

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10 Things You Should Know Before Buying a House With Lead Paint

Mashvisor

Buying a house with lead paint can still be a sound investment despite the risks. Here are 10 things you need to know about this real estate move.

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Canada's housing supply – RBC Economics reveals the latest

Mortgagebroker News

Demand and purchasing activity remained as overheated as ever

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How likely is a Canada housing crash?

Mortgagebroker News

Executive from Scotiabank delivers verdict

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Mall developer announces plans for mixed-use developments in Toronto

Mortgagebroker News

Apartments are now the dominant residential asset class in the GTA, survey finds

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Canadian real estate company hit by ransomware attack

Mortgagebroker News

Gang claiming responsibility claims it stole 755GB of data from the company

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Equitable Group posts substantial Q3 growth in loans, reverse mortgages

Mortgagebroker News

The lender saw a markedly expanded market share during the quarter