Is that the sound of a bubble bursting?

Zillow loses $300 million using its own zestimate algorithm in the hottest real estate market in history.

How many loans were issued using estimates? How many CDO’s are built on over priced homes? How is this going to play out as blackrock does the exact same thing?

We are primarily funded by readers. Please subscribe and donate to support us!

Everything bubble goes *pop*


h/t Dontknownothin


Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.