Interest Rates are up. The average home’s Days On Market (DOM) has doubled. The median sold price is down 8% between April &May. Are these signs of a housing apocalypse? We think not!
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The quick answer is YES! Here’s why you should do both!...
Earlier this month Zillow announced the shuttering of its home flipping business largely due to inaccuracies in predicting home values. Zillow has acknowledged their algorithm is 82% accurate in predicting Seattle area home values within 10% of the actual selling price. So for nearly 20% of Eastside homes, Zestimate is off by more than $130,000!
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