Housing Bubble 2: Return of the Ugly

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A community for discussing and documenting the second great housing bubble.

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Unzesty Zestimate (lemmy.world)

submitted 6 months ago by SeattleRain to c/housing_bubble_2

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[–] Guest_User 4 points 6 months ago (1 children)

Is this an average or a single property?

[–] GreatRam 4 points 6 months ago (1 children)

Single property

[–] [email protected] 3 points 6 months ago

Yes, but the zestimate is derived from large data sets, so a bit of both.

Zillow did famously almost bankrupt themselves so there are definitely reasons to be skeptical about assigning significance to the zestimate.