Previously, Zillow was merely overestimating the value; now, it is completely irrational. The best use you can get from Zillow is to expand the graph to 10 year mode and pick a historical value 8-10 years back. Basically consider this decade as the (first) lost decade.
According to Zillow, my house has gone up 150K in the last two months, and it stands at 210K above what I paid in January.
I keep an eye on comps and I can say with certainty that there’s zero chance of my house appraising or selling for what Zillow thinks it’s worth. But it’s a nice feeling nonetheless.
According to Zillow, my house has gone up 150K in the last two months, and it stands at 210K above what I paid in January.
I keep an eye on comps and I can say with certainty that there’s zero chance of my house appraising or selling for what Zillow thinks it’s worth. But it’s a nice feeling nonetheless.
According to Zillow, my house has gone up 150K in the last two months, and it stands at 210K above what I paid in January.
I keep an eye on comps and I can say with certainty that there’s zero chance of my house appraising or selling for what Zillow thinks it’s worth. But it’s a nice feeling nonetheless.
According to Zillow, my house has gone up 150K in the last two months, and it stands at 210K above what I paid in January.
I keep an eye on comps and I can say with certainty that there’s zero chance of my house appraising or selling for what Zillow thinks it’s worth. But it’s a nice feeling nonetheless.
According to Zillow, my house has gone up 150K in the last two months, and it stands at 210K above what I paid in January.
I keep an eye on comps and I can say with certainty that there’s zero chance of my house appraising or selling for what Zillow thinks it’s worth. But it’s a nice feeling nonetheless.
I recently had my house appraised for a refi and it came back at $500K. Zillow has it at $465K. I got a fair amount of credit on the appraisal for upgrades, so zillow was pretty in line for me.
I recently had my house appraised for a refi and it came back at $500K. Zillow has it at $465K. I got a fair amount of credit on the appraisal for upgrades, so zillow was pretty in line for me.
I recently had my house appraised for a refi and it came back at $500K. Zillow has it at $465K. I got a fair amount of credit on the appraisal for upgrades, so zillow was pretty in line for me.
I recently had my house appraised for a refi and it came back at $500K. Zillow has it at $465K. I got a fair amount of credit on the appraisal for upgrades, so zillow was pretty in line for me.
