How Zillow Is Turning 'Zestimates' Into Cash Offers

The video discusses Zillow's new service allowing consumers to use their Zestimate as a cash offer to sell homes. It explains the valuation process using data and algorithms, highlights the accuracy improvements over 15 years, and addresses market trends and strategies. Zillow's business model focuses on quick sales and liquidity, with an emphasis on growth over immediate returns. The current housing market is described as fast-paced with low inventory, likened to a just-in-time manufacturing process.

What is the strategy of Zillow regarding the homes they purchase and sell?

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What challenges does the broader economy face despite the housing market being a bright spot?

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