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Not that their estimates were ever right to begin with (I lost a lot of money trusting zillow a few years ago), but now zillow is showing house prices are going UP when they are normalizing down. Is this a case of a last ditch effort of market manipulation before the floor bottoms out?

Not that their estimates were ever right to begin with (I lost a lot of money trusting zillow a few years ago), but now zillow is showing house prices are going UP when they are normalizing down. Is this a case of a last ditch effort of market manipulation before the floor bottoms out?

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[–] 0 pt

The direction of pricing is going to depend on where you live more than anything else. Where Im at they're hovering pretty close to peak pricing despite interest rates going up.

The Zestimates have never been accurate you have to look at similar houses that have recently sold or are for sale. Using zillow like that is the second best thing to the MLS which isnt public info.