The Zillow Effect: Indiana's Real Estate Market Reacts To Zillow's Arrival - mautic
Webzillow’s announcement also gained mixed reactions from real estate brokers, who speculated and even criticized the ibuying activity and strategies that have.
They've already said that there's institutional interest for the 7,000 or so.
Webzillow's ibuying represents something to the effect of 0. 2% of the entire housing market.
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Webin 2007, zillow, one of the largest online real estate firms, invested in technology to transform into zillow 2. 0 by leveraging its ibuying machine learning.
Webshares of zillow have dropped nearly 20% since thursday as investors feared that lower commission rates for agents could lead to less business for the real.
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