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Zillow has listed a staggering 93% of the hundreds of Phoenix homes it owns at a loss [1]

“Listed”, not sold. Homes typically go for well over listing

> “Listed”, not sold. Homes typically go for well over listing

In a bull market, about 50% of homes sell above list price [1]... It can change quickly.

it depends on the market. This is definitely true in the Bay Area right now, but not true in the city where I live.