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REAL ESTATE

By Inman News Feed

More homes for first-time buyers may soon hit market

There soon could be more homes on the market for first-time buyers as millions of homeowners realize they have enough equity to sell. Foreclosures, short sales and rising home values are freeing homeowners from the shackles of upside-down mortgages, according to Zillow’s Negative Equity Report for the second quarter ...

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Posted Sep. 3, 2015

REAL ESTATE

By Inman News Feed

Zillow Group to sell Market Leader for $23M

Zillow Group has sold Market Leader to the Perseus Division of Constellation Software Inc., a global software and services firm, for $23 million in cash. The firms expect the deal to close sometime in the fourth quarter ...

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Posted Sep. 3, 2015

What's Your Home Worth?

The Zestimate (pronounced ZEST-ti-met, rhymes with estimate) home valuation is Zillow's estimated market value, computed using a proprietary formula. It is not an appraisal. It is a starting point in determining a home's value. The Zestimate is pulled from data; your real estate agent or appraiser physically inspects the home and takes special features, location, and market conditions into account. Variations in price also occur because of negotiating factors, closing costs, and timing of closing.

Provided by Zillow

REAL ESTATE

By Inman News Feed

Analysis vs. synthesis in real estate

I remember my first couple of years in sales -- many years ago. Having come out of a high tech and engineering background, I thought I could solve every problem, and I wanted to rationalize everything I saw ...

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Posted Sep. 3, 2015

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