That and Zillow learned the hard way that a computer profile doesn't tell you if the house is actually any good or not. They got caught buying garbage houses at premium prices and lost big.
-Curt On Friday, June 24, 2022 at 11:45:35 AM EDT, Allan Streib via Mercedes <mercedes@okiebenz.com> wrote: Also VC money is drying up. So companies like Zillow and Redfin buying property on spec knowing they can sell it tomorrow for more is probably coming to an end. On Fri, Jun 24, 2022, at 10:38 AM, Curt Raymond via Mercedes wrote: > I don't know that the bubble is bursting, more like the wave is > receding. As that cheap financing goes away you don't see the mad rush > so much anymore. > > -Curt > > > > > On Friday, June 24, 2022 at 11:34:39 AM EDT, mitch--- via Mercedes > <mercedes@okiebenz.com> wrote: > > > > > > Has the bubble burst in AZ? > This is 1/3 bigger than my house and a lot less outdated. > > https://i.redd.it/ykwhvg85o6791.jpg > > > https://www.redfin.com/AZ/Scottsdale/9468-E-Sunnyside-Dr-85260/home/27779763 > > > _______________________________________ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > > > _______________________________________ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
