Overleveraged? They used to call it house poor, but the symptoms are the same: You go through a monthly scramble to pay the mortgage, maintenance and repairs are put off as long as possible, and there’s never enough money left over at the end of the month for the finer things in life. Total household […]
Yesterday, Zillow launched a test — “Zillow Instant Offers.” The fear mongering was deafening. “It is all over now.” “Zillow is in the brokerage business.” “It’s time to either close the doors or go on attack.” Not so fast. Let’s look at Instant Offers a little more closely. Brian Friemel First of all, Zillow plays […]
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