Zillow has recently decided to get out of the iBuying business. Why so? And what does that teach us about relying on Zestimates? Find out in this article.
Tag: Zillow
AVM’s & Punxsutawney Phil’s Accuracy
On Tuesday of this week, Punxsutawney Phil saw his shadow. Therefore, we have six more weeks of winter weather, by some predictions. Somehow, I feel like six more weeks of winter is a given. Especially in Northeast Ohio. How accurate are weather predictions made by folks who try to base future weather patterns on whether… Continue reading AVM’s & Punxsutawney Phil’s Accuracy
AVM’s…The Wonder Bread of Value
In this article, I discuss the processes that are stripped out of the valuation process with AVMs, like the Wonder Bread of old.