by Greg Wasik | Feb 26, 2023 | Los Angeles Real Estate and Appraisal News
Showing that algorithmic pricing of single-family home is not yet close to being perfected (see Zillow leaving the home buying game due to Zestimates being substantially off for the homes they acquired), Opendoor reported the 2nd quarter in a row of high losses. In...
by Greg Wasik | Nov 20, 2022 | Uncategorized
Across the real estate ecosystem, firms have decreased staff in order to cut costs as the housing market has slowed. As the housing market cools, Zillow has made a round of layoffs, eliminating roughly 300 positions.. A Zillow spokesperson wrote in an email: “As part...
by Jen Case | Mar 26, 2020 | Uncategorized
As Los Angeles Valuation Group reported in April of last year, developer Bruce Makowsky filed a lawsuit against Zillow claiming that the Seattle-based online real estate company had harmed the reputation of his Bel-Air mansion, appropriately named ‘Billionaire,’ by...
by Greg Wasik | May 14, 2019 | Los Angeles Real Estate and Appraisal News
Zillow has announced that its ‘Zillow Offers’ home buying service where they will make an offer to buy your home or condo, sight unseen, is expanding to the LA market. The makes for the largest metro area to date Zillow will offer this service. By using...
by Greg Wasik | Apr 26, 2019 | Los Angeles Real Estate and Appraisal News
This week, major LA luxury home developer Bruce Makowsky took the step of suing Zillow for $60 million over a made up sale price for his 9-figure listing in Bel Air. Makowsky’s home, currently listed for $150 million, was shown on Zillow’s website as an...
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