Property Market is going WILD

greenvale

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Nah this happened to my friend too
zillows algorithm is buying up houses everywhere for a lot more than they are worth

Zillow is buying houses? I thought blackrock was?

Yeah as I understand it they're taking the data from people browsing and understanding the hot spots + a general amount of what people can afford... then they snatch it up. Should be illegal tbh but our govt is comprised of dinosaurs.
 

Hersh

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Nah this happened to my friend too
zillows algorithm is buying up houses everywhere for a lot more than they are worth

u missed what they did before... buy houses for pennies on the dollar... but what increases property value of all houses in 1 area... 1 house way over value in that area
 

Laidbackman

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I've been getting a lot of calls from real estate agents. First they were calling my VOIP, but recently they've been calling my cell phone, which I don't dig at all. A random automated telemarketer calling me is bad enough, but these are live real estate agents who know my name, and both my phone numbers. That should be illegal.

Btw, my home is listed higher on Realtor than on Zillow, unlike a lot of people I guess. I thought about selling, and moving back up to the DMV in my old home, where I didn't need a car, and where I was surrounded by Black people. Then I remembered how violent that area was, plus my old home went up as much as my house down here. But the saddest thing is, I lost loved ones who use to constantly visit me in my old home. So there would be no more backyard cookouts, and no more fight parties. Plus all my buddies up there are either in poor physical health, or poor mental health, or both. But I digress.
 
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Wild self

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why haven't the "housing is a human right" crowd been able to force change in this market during woke era? cause they're home owners/landlords too :lolbron:

Housing is a human right. If not, every major and mid-size city in America would look like Skid Row
 
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The_Unchosen_One

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Bought my home for $220k last year... Realty company I used sent me an email out of nowhere yesterday saying houses like mine are selling for $297k within 1 mile of my place


fukkers are just trying to tempt me at this point :mjcry:
 

OfTheCross

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I got a phone call yesterday some one offering to buy my house...shyt crazy. I thought my mom was bullshytting when she said the "people keep calling" her for hers.

Dude I know told me this morning he found a house 600 sq ft house for $290k in Liberty City he was gonna buy. Signed a contract, gave a deposit, and called the appraiser.

The appraiser called him back and said he wasn't going to waste his time. There's no way he could appraise it for that much in that area. So the deal is dead cause the seller ain't coming down on the price.

Whoever buys that place gotta have straight cash homie.
 

Skooby

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I got a phone call yesterday some one offering to buy my house...shyt crazy. I thought my mom was bullshytting when she said the "people keep calling" her for hers.

Dude I know told me this morning he found a house 600 sq ft house for $290k in Liberty City he was gonna buy. Signed a contract, gave a deposit, and called the appraiser.

The appraiser called him back and said he wasn't going to waste his time. There's no way he could appraise it for that much in that area. So the deal is dead cause the seller ain't coming down on the price.

Whoever buys that place gotta have straight cash homie.
600 sq ft?
 

newarkhiphop

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am in a fly over state and it's the same houses going for $60k to $100k more than there worth, two houses went up for sale in my neighborhood on Monday by yesterday they had purchase offers already
 
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