Loading…
3
A coworker bet me $20 that a Zillow price drop meant the house was trash, and the data made me eat my words
Last month a coworker handed me a stat showing that homes in Austin with a 10% price cut sat on the market an average of 47 days, and I laughed it off as cherry picked. Then I pulled the last 6 months of sold listings in three zip codes and saw the same pattern hold up across almost 400 sales. So what's the catch, does a price drop actually signal something buyers should run from, or is it just sellers who started too high?
0 comments
Log in to join the discussion
Log In0 Comments
No comments yet
Be the first to share your thoughts on this discussion.