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But when it went on the market, the home listed for $950,000 — a whopping 42% above Zillow’s ballpark estimate. This was due largely to the renovated home interior and waterfront location.
Redfin It says it bases its estimates on hundreds of data points, including information about the home itself, the neighborhood the home is in, the overall real estate market and more.
Redfin estimates that in the second quarter of 2021, the share of listings that were likely pocketed increased to 2.8%, or almost 35,000 homes. The market has since slowed, and Redfin's estimation ...
Redfin was founded in 2004 by David Eraker, Michael Dougherty, and David Selinger. Eraker had dropped out of medical school at the University of Washington for a career in software design and Dougherty received degrees in electrical engineering and international studies from Yale University.
Zillow Group, Inc., or simply Zillow, is an American tech real-estate marketplace company that was founded in 2006 [4] by co-executive chairmen Rich Barton [5] and Lloyd Frink, former Microsoft executives and founders of Microsoft spin-off Expedia; Spencer Rascoff, a co-founder of Hotwire.com; David Beitel, Zillow's current chief technology officer; and Kristin Acker, Zillow's current ...
With that, $400,000 will buy you roughly 3,553 square feet of home, well above the average home size in the U.S., which is roughly 1,600 square feet, according to recent Redfin estimates. Average ...
The analysis is based on Redfin estimates of values as of January, and luxury homes are defined as those in the top 5% of their respective metropolitan area based on market value.
Redfin estimates that active listings are up about 21% from a year ago, CNBC reported. But that’s mostly because homes are sitting on the market longer. Meanwhile, sales continue to decline ...
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