Time will tell if Zillow "fixes" their home valuation algorithm as the very vocal advocate on this board (3 ID's in 1) suggests. Still not sure how this individual thinks bogus valuations could ever be beneficial. Still, the system was flawed "back in the day" when people shelled out 6% to overpaid realtors who had them over pay and wind up losing their homes. The real estate business is experiencing a "rennaissance" of sorts and Zillow is at the heart of it as market leader and first mover. I like our prospects here immensely as the real estate market seems to be coming back to life after 6 long years of broker - mortgage industry induced hell. Congrats to the wise longs who are buying this pullback. We have a great deal of upside ahead of us. ALL, of course IMHO.
OMG! HAS IT EVER! - Just look at the home builders stocks and the government stats showing that pending sales are at a 5 Year High!!!! I don't care WHAT real estate portal you like best, THE INTERNET IS THE WAY TO GO and the 900lb GORILLA in this space is STILLlLLLLLL ZILLLOOOOWWWWW!!!!! HOP ON BOARD ALL OF YOU JOKERS CLOWNS AND FOOLS! BEFORE YOUR SHORT POSITION EATS YOU ALIVE!!