San Diego Housing Market News and Analysis
Zillow bought a house in a neighborhood where I'm active
User Forum Topic
Submitted by Escoguy on August 2, 2021 - 8:16pm
So maybe many of you have seen this already so it may not mean as much but for the first time, I'm seeing a house listed which is "owned by Zillow".
They have a lot of data, cheap capital, and this won't be a one time thing.
Part of me thinks anyone who has been holding out of buying will resent this trend.
Personally, I would rather see long term investors/actual owners buy the property.
It may also provide liquidity in some cases but I don't think they would offer top dollar etc.
Here is the home as an FYI:
As of 21 hours on the market, it has 29 saves and 681 views.
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