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Why so much?

Why are the homes listed on this website overprised too much????????????
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March 10 2009 - Rialto
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Answers (1)

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I guess it all depends on your area. Many folks say that Zillow is too low for their area. Right now, I think it depends on the assessed value and how many short sales/REO's are in the local market. Until they are reassessed or sell to a new owner, prices on Zillow for that area may be higher than the going rate in the market. The market has been changing very fast in some areas.
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March 10 2009
 
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