This beautifully redesigned condo is the only double unit resulting in a 3 bedroom, 3.5 bath, 3,000 u/a lake front home with golf views. The renovation was completed in ...
This listing is located in the very exclusive community, Grand Cay within PGA National. Grand Cay is double gated for security, and holds some of the largest properties i...
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Zillow is now selling thousands of Florida properties in the hot markets. What does it mean for potential buyers, then? Where will this large-scale dump go?
The online house-flipping unit of Zillow has turned out to be a disappointing flop. This left the real estate company with no choice to exit the business, dumping thousands of their own properties on the local estate markets.
The company stated in their letter to shareholders about their plans of selling approximately 18,000 homes that they already own or are under contract through Zillow Offers, their home-flipping business. Zillow also told its investors that they expect to lose around 5% up to 7% on this unsuccessful venture.
The culprit behind Zillow’s downfall is none other than its very own algorithm and the fact that they underestimated the obvious risks of masse home purchase for the purpose of earning a profit through quick sales.
However, even though Zillow was able to purchase thousands of Florida homes at inflated prices for the past few months, there is a very small chance for average consumers to snag these bargains moment the company dumps them in the market. There are several reasons behind these hesitations and second thoughts, and some of these are the following:
actual values determined by manual review
New homes are selling good in Florida. Builders are producing new modern homes. In gated communities builders release inventory sparingly.
Visit the new homes built 2020 to date. If your in need of any further help please reach out. We are here to help!
New condos are selling good in Florida. Builders are producing new modern units on the ocean or other waterfront locations and club communities.
There are some very nice preowned units everywhere in Florida
NEW 3500 S OCEAN BLVE