Does anyone actually know how Zillow figures are compiled? Their site says they collect data from “home sales from the municipal office responsible for recording real estate transactions.” The prices seem in keeping with realtor.com and they say the website is only in Beta stage, so is still being developed.
Unfortunately, I am not in San Diego but am interested in the area. My views were actually pretty general (SoCal) and not based on San Diego. Thanks for the chart.
I also disagree, and it seems so does my dictionary, which says “good sense and sound judgment in practical matters.” The herd mentality is when one person follows another without any notion of acting or thinking independently, viz; relying on the judgement of the majority, which is not necessarily grounded in common sense. However, I may have been playing devil’s advocate when I originally posted this issue. I am a BIG fan of this website and follow it avidly. It is the best site I have found of it’s kind and I value the content enormously, and agree with most of it. Anyone with any common sense would likely do the same 🙂
I guess I am a little grumpy with not having my own home. Sorry about the little verbal punch up everyone. Good fun though!
“We need less common sense” sounds like a rhetorical statement. Common sense dictates that we use rationale, and a logical approach makes sense and is pretty common, but as the old proverb goes “one pound of learning takes ten pounds of common sense to apply it”.
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