Zillow says my house went up 4.2% in the last 30 days. That’s about the same as what I’ve been doing as a non day trader in the market. So things are looking pretty good if Zillow is to be believed.
Peak for this year was probably May-June. Their statistics are based on sales that were likely accepted about then if not earlier.
You’re probably doing well if you own in San Diego area, but not 4.2% from July to August well. Besides, unless you’re desperate to sell or mortgage yourself to the hilt, who cares?
Zillow says my friend’s home in Aliso Viejo (Orange County) has gone up from a low of $273,000 over a year ago to it’s current ZEstimate of $406,000 LOL! and it’s still rising.. Good for him I guess…
[quote=kev374]Zillow says my friend’s home in Aliso Viejo (Orange County) has gone up from a low of $273,000 over a year ago to it’s current ZEstimate of $406,000 LOL! and it’s still rising.. Good for him I guess…[/quote]
kev, I don’t know how long you’ve been shopping, but this is all the more reason why you should have bought a home in the OC in the last year-plus 🙂 Couldn’t you have afforded $273K, $300K or $350K?
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