Friday, May 9, 2014

Zillow's Real Estate Forecast

Zillow CEO Spencer Rascoff was interviewed yesterday on Bloomberg TV. His remarks covered:

The importance of mobile applications in the sale of real estate today, which is fueling huge growth in profits for Zillow;

The increase in premier agents advertising on Zillow (I am one of those 53,000 agents around the country);

The introduction of Zestimate forecasts which show what houses will be worth in twelve months;

The rate of increase in housing prices and trends for the future;

The booming luxury home market, and the importance of foreign buyers in this market.

Please see the link to the Spencer Rascoff interview here:


Happy Investing!

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