Zillow Observation

[cr]

PadreBrian – That’s funny.

CMcG – Your persective is the right one. Unless you’re planning to sell your home and become rich rich rich! who cares (within reason) what the value does. As long as you can afford it, so what?

I’ll have to check out the people threatening to sue, though I’m sure Zillow is protected from that.

My guess is their Algorithm now reflects sales in the area below Zestimates. Someone on hear a while back commented that when a house sold for more then theirs the value would go up, but if a house sold for less it wouldn’t. If that changed it would certainly be the dose of reality people have ignored in this housing crash.

[donaldduckmoore]

I like to use Zillow because it always gives me accurate location of the house I am looking for. But I usually ignore the estimate they quote.

[donaldduckmoore]

I like to use Zillow because it always gives me accurate location of the house I am looking for. But I usually ignore the estimate they quote.

[donaldduckmoore]

I like to use Zillow because it always gives me accurate location of the house I am looking for. But I usually ignore the estimate they quote.

[donaldduckmoore]

I like to use Zillow because it always gives me accurate location of the house I am looking for. But I usually ignore the estimate they quote.

[donaldduckmoore]

I like to use Zillow because it always gives me accurate location of the house I am looking for. But I usually ignore the estimate they quote.

[denverite]

Having been overseas 2005-2007, and now living in Denver, I have used several approaches to track SD and Ventura RE from afar. Here is my 2 cents.

realtor.com, ziprealty.com (# of listings within a given price range/area). I know they don’t provide all listings for the general public, but I think it’s the trend that counts. From what I can see, there has been about a doubling of the number of houses (600-900K range) on the market in the North County area since 9/07.

Zillow (valuations for 12 “Favorite Homes” are tracked over time. In absolute terms, this might not be all that useful, but I follow the peak/current price trend). I was wondering if you (as local observers) corroborate that Zillow relative valuation pretty much mirrors the situation on the ground, especially for a given property. Also, does anyone know how often Zillow (peridically) updates their zestimates.

Uhaul truck rental prices (to/from SD to various other parts of the country) – has been about 3.3:1 ratio to move out of SD (vs. move to) for the last 2 years. I guess if that ratio moves higher for a sustained period, it might be a somewhat useful indicator.

Well, maybe 1 cent worth.

[denverite]

Having been overseas 2005-2007, and now living in Denver, I have used several approaches to track SD and Ventura RE from afar. Here is my 2 cents.

realtor.com, ziprealty.com (# of listings within a given price range/area). I know they don’t provide all listings for the general public, but I think it’s the trend that counts. From what I can see, there has been about a doubling of the number of houses (600-900K range) on the market in the North County area since 9/07.

Zillow (valuations for 12 “Favorite Homes” are tracked over time. In absolute terms, this might not be all that useful, but I follow the peak/current price trend). I was wondering if you (as local observers) corroborate that Zillow relative valuation pretty much mirrors the situation on the ground, especially for a given property. Also, does anyone know how often Zillow (peridically) updates their zestimates.

Uhaul truck rental prices (to/from SD to various other parts of the country) – has been about 3.3:1 ratio to move out of SD (vs. move to) for the last 2 years. I guess if that ratio moves higher for a sustained period, it might be a somewhat useful indicator.

Well, maybe 1 cent worth.

[denverite]

Having been overseas 2005-2007, and now living in Denver, I have used several approaches to track SD and Ventura RE from afar. Here is my 2 cents.

realtor.com, ziprealty.com (# of listings within a given price range/area). I know they don’t provide all listings for the general public, but I think it’s the trend that counts. From what I can see, there has been about a doubling of the number of houses (600-900K range) on the market in the North County area since 9/07.

Zillow (valuations for 12 “Favorite Homes” are tracked over time. In absolute terms, this might not be all that useful, but I follow the peak/current price trend). I was wondering if you (as local observers) corroborate that Zillow relative valuation pretty much mirrors the situation on the ground, especially for a given property. Also, does anyone know how often Zillow (peridically) updates their zestimates.

Uhaul truck rental prices (to/from SD to various other parts of the country) – has been about 3.3:1 ratio to move out of SD (vs. move to) for the last 2 years. I guess if that ratio moves higher for a sustained period, it might be a somewhat useful indicator.

Well, maybe 1 cent worth.

[denverite]

Having been overseas 2005-2007, and now living in Denver, I have used several approaches to track SD and Ventura RE from afar. Here is my 2 cents.

realtor.com, ziprealty.com (# of listings within a given price range/area). I know they don’t provide all listings for the general public, but I think it’s the trend that counts. From what I can see, there has been about a doubling of the number of houses (600-900K range) on the market in the North County area since 9/07.

Zillow (valuations for 12 “Favorite Homes” are tracked over time. In absolute terms, this might not be all that useful, but I follow the peak/current price trend). I was wondering if you (as local observers) corroborate that Zillow relative valuation pretty much mirrors the situation on the ground, especially for a given property. Also, does anyone know how often Zillow (peridically) updates their zestimates.

Uhaul truck rental prices (to/from SD to various other parts of the country) – has been about 3.3:1 ratio to move out of SD (vs. move to) for the last 2 years. I guess if that ratio moves higher for a sustained period, it might be a somewhat useful indicator.

Well, maybe 1 cent worth.

[denverite]

Having been overseas 2005-2007, and now living in Denver, I have used several approaches to track SD and Ventura RE from afar. Here is my 2 cents.

realtor.com, ziprealty.com (# of listings within a given price range/area). I know they don’t provide all listings for the general public, but I think it’s the trend that counts. From what I can see, there has been about a doubling of the number of houses (600-900K range) on the market in the North County area since 9/07.

Zillow (valuations for 12 “Favorite Homes” are tracked over time. In absolute terms, this might not be all that useful, but I follow the peak/current price trend). I was wondering if you (as local observers) corroborate that Zillow relative valuation pretty much mirrors the situation on the ground, especially for a given property. Also, does anyone know how often Zillow (peridically) updates their zestimates.

Uhaul truck rental prices (to/from SD to various other parts of the country) – has been about 3.3:1 ratio to move out of SD (vs. move to) for the last 2 years. I guess if that ratio moves higher for a sustained period, it might be a somewhat useful indicator.

Well, maybe 1 cent worth.

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