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I have used Zestimate charts a lot in the past three years. I tracked changes in the market where we are looking to buy a house (Central Florida). I compared asking and selling prices to the current Zestimates. In a way, I used Zestimate as market valuation baseline. Even with its inaccuracy, it was a very useful baseline. It is all out the window now as Zillow rewrote its own history.
In their own Q and A-s Zillow writes:"Q: Will these changes impact the Zestimate history?A: Possibly. …"This is so dishonest! All the properties I have in my record (approx 60) have changed significantly.I am done with Zestimes. If there are users like me out there, they will sure be disappointed.
Who is Zillow trying to please with this? I am sure its critics are celebrating: " We told you. It's wacky. Talk to your local agent"
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