2:00PM Water Cooler 8/22/2022 | naked capitalism
Today's Water Cooler
Source: nakedcapitalism.com
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$1M Zestimate on Santa Claus' Home Is Spot On, According To Agents
Santa’s charming rustic-modern cabin is now worth more than $1 million according to Zillow, a whopping 19 percent increase in value.
Source: inman.com
Zillow Zestimates Can't Keep Up With Wild Housing Market, Agents Say
Inman Connect This is the second part in a week-long series exploring comps amid a pandemic and a tumultuous housing market. Read part one here, and check back for more comp coverage throughout the week. Zestimates, long lambasted by agents as inaccurate, have been swinging out of control in today’s turbulent market, with some prices skewing hundreds of thousands of dollars off the mark. Tim Collom, who leads the Tim Collom Real Estate Group in Sacramento, and three other agents told Inman that it seems like the portal giant is having a difficult time properly reflecting the astronomical b...
Source: inman.com