I’m with carlsbadworker, I think zillow or redfin can paint a somewhat distorted view. There were times where just looking at those sites made things look better than they were and times where they can make it look worse. I think this is one of those times it makes it look worse. I have a buddy who want to buy in my neighborhood and he is totally frustrated. He’s willing to pay 15-20% more than I paid at the end of 2008, but he can’t. He has to go to 30% over and it seems to be getting worse. I have the refin app on my phone and we’ve driven around a few times, even though a place is listed and it says it’s active, when you call, it’s a different story. I’m afraid he’s not going to able to pull this off by himself, he’s going to need a buyers agent, the good ones and the well priced ones are going quick.
Brown lawns are rare now, but perhaps the best analysis of our local market, I refi’d just a few months ago to a conventional, dropping my PMI. Their independent appraisal had my house appraised something like 25 or 30% up in just 30 months.
