Detroit is on Zillow's Top Ten Buyer's Market List

[Annette Hibbler]

As the spring home shopping season heats up, buyers and sellers nationwide can expect very different experiences when it comes to negotiating power. Zillow took a look at recent data to determine markets where sellers have the power and those where buyers are in control. Our analysis shows many home sellers are thriving in the Bay Area, San Antonio and Los Angeles metro areas, where price cuts are sparse and homes often sell at or near their asking price.

On the other end of the spectrum, the Cleveland, Philadelphia and Tampa metros are buyers’ markets, with homes taking longer to sell, less competition in the marketplace and more room for bargaining on prices. Read more...

[Rob K.]

Originally posted by @Aaron Yates:

Originally posted by @Annette Hibbler:

Interesting to hear about other markets. I don't know how Zillow get's it's info but thought I'd put it out there anyway.
I can tell you that Detroit metro is experiencing a buying frenzy. Lots of positive changes happening all around. It's challenging keeping turnkey inventory up cause they sell very quickly. We've also experienced a $5-8K price increase on SF 3BD/1BA. Section 8's always go for higher prices.

Zillow pulls from other public sites. So if its posted inaccurately there then zillow posts it innacurately.

The worst thing about zillow is that i can claim YOUR ad as mine and scam would-be buyers or renters. I know this for a fact as someone has done this with my listings.

Zillow is garbage. Plain and simple.

I recently had scammers copying my ads on Zillow. I found a site called addtext.com and it's super easy to add your company name and phone number to each photo. The scammers will choose another house to copy.