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temeculaguy
ParticipantZillow is still too high in most situations, because it looks backwards. Even six month old data is out or date, the only real data is seven days old and that is why appraisers will never be put out of work.
I jut looked up the zestimate for a house I’m scoping, it’s zestimate is 450k, down 25k in 30 days. Guess what, it is listed for 329k, not sold, still listed, but there were sales six months ago for comps that were in the 400’s, problem is, the computer cant keep up, there are places losing 25k a month, every month for the last year. Some mope logs on and sees his place next door went down 25k and wants to complain, have at it buddy, ask an appraiser and you will probably cry.
I checked the zillow for ten houses that I or people that e-mail me are looking at that are listed and every one was ziollowed as being down 20-50k in the last month but still 100-200k over the list price, I wouldn’t want to be working the zillow complaint department in six months when it really starts to hit the fan.
I still think that the weight on driver’s licenses should say “zestimate”
temeculaguy
ParticipantZillow is still too high in most situations, because it looks backwards. Even six month old data is out or date, the only real data is seven days old and that is why appraisers will never be put out of work.
I jut looked up the zestimate for a house I’m scoping, it’s zestimate is 450k, down 25k in 30 days. Guess what, it is listed for 329k, not sold, still listed, but there were sales six months ago for comps that were in the 400’s, problem is, the computer cant keep up, there are places losing 25k a month, every month for the last year. Some mope logs on and sees his place next door went down 25k and wants to complain, have at it buddy, ask an appraiser and you will probably cry.
I checked the zillow for ten houses that I or people that e-mail me are looking at that are listed and every one was ziollowed as being down 20-50k in the last month but still 100-200k over the list price, I wouldn’t want to be working the zillow complaint department in six months when it really starts to hit the fan.
I still think that the weight on driver’s licenses should say “zestimate”
temeculaguy
ParticipantZillow is still too high in most situations, because it looks backwards. Even six month old data is out or date, the only real data is seven days old and that is why appraisers will never be put out of work.
I jut looked up the zestimate for a house I’m scoping, it’s zestimate is 450k, down 25k in 30 days. Guess what, it is listed for 329k, not sold, still listed, but there were sales six months ago for comps that were in the 400’s, problem is, the computer cant keep up, there are places losing 25k a month, every month for the last year. Some mope logs on and sees his place next door went down 25k and wants to complain, have at it buddy, ask an appraiser and you will probably cry.
I checked the zillow for ten houses that I or people that e-mail me are looking at that are listed and every one was ziollowed as being down 20-50k in the last month but still 100-200k over the list price, I wouldn’t want to be working the zillow complaint department in six months when it really starts to hit the fan.
I still think that the weight on driver’s licenses should say “zestimate”
temeculaguy
ParticipantZillow is still too high in most situations, because it looks backwards. Even six month old data is out or date, the only real data is seven days old and that is why appraisers will never be put out of work.
I jut looked up the zestimate for a house I’m scoping, it’s zestimate is 450k, down 25k in 30 days. Guess what, it is listed for 329k, not sold, still listed, but there were sales six months ago for comps that were in the 400’s, problem is, the computer cant keep up, there are places losing 25k a month, every month for the last year. Some mope logs on and sees his place next door went down 25k and wants to complain, have at it buddy, ask an appraiser and you will probably cry.
I checked the zillow for ten houses that I or people that e-mail me are looking at that are listed and every one was ziollowed as being down 20-50k in the last month but still 100-200k over the list price, I wouldn’t want to be working the zillow complaint department in six months when it really starts to hit the fan.
I still think that the weight on driver’s licenses should say “zestimate”
temeculaguy
ParticipantEither way the numbers are going to go up, I monitor the NOD’s every week and I have never seen anything like what is happening now. 92592 had 97 homes get a Notice of Default in the last 7 days. 92563 got 40 yesterday alone, nods are outpacing sales more than 10-1, hold onto those ticket stubs.
temeculaguy
ParticipantEither way the numbers are going to go up, I monitor the NOD’s every week and I have never seen anything like what is happening now. 92592 had 97 homes get a Notice of Default in the last 7 days. 92563 got 40 yesterday alone, nods are outpacing sales more than 10-1, hold onto those ticket stubs.
temeculaguy
ParticipantEither way the numbers are going to go up, I monitor the NOD’s every week and I have never seen anything like what is happening now. 92592 had 97 homes get a Notice of Default in the last 7 days. 92563 got 40 yesterday alone, nods are outpacing sales more than 10-1, hold onto those ticket stubs.
temeculaguy
ParticipantEither way the numbers are going to go up, I monitor the NOD’s every week and I have never seen anything like what is happening now. 92592 had 97 homes get a Notice of Default in the last 7 days. 92563 got 40 yesterday alone, nods are outpacing sales more than 10-1, hold onto those ticket stubs.
temeculaguy
ParticipantEither way the numbers are going to go up, I monitor the NOD’s every week and I have never seen anything like what is happening now. 92592 had 97 homes get a Notice of Default in the last 7 days. 92563 got 40 yesterday alone, nods are outpacing sales more than 10-1, hold onto those ticket stubs.
temeculaguy
ParticipantThe problem is your parameters and the database, I have the same trouble when I update the three car garage monitor. Since half of the inventory is bank owned and they have never been near the house their mls entries are all goofed up. The error rates make the Florida registrar of voters look like rocket scientists. I’d say 20% of all listings are inaccurate. I took just one data category, you listed 254 Temecula SFR’s 200-300, but I found more than 300. I ran them by zip and didn’t pick SFR, then extracted out the condos. When I do the garages, it’s a disaster, if the bank REO dept sees a two car garage in the picture they list it as a two car, not thinking about tandems. Some clearly have three garage doors but they list them as 2 car, how that is possible boggles the mind. One house that I was looking at seriously and toured the inside has been listed with three different out of town agents over the last nine months, the bank changes agents every 90 days (since it must be the agent and not the price). Each time the listing changes, the bedroom count changes. I’ve been in it, there are six bedrooms but the first agent said 4, the second said 5 and now they say four again. The problem is nobody has ever been there and I can only assume they are idiots because the tax roll says 6 and visually there have been no interior modifications, it has always had six. I’ve given up on using mls parameter filters and just go with wider searches. They consistently screw up the zip code, list sfr’s as condos, garages are wrong, the development is wrong about 1/3 of the time. There are houses listed in the mls that have sold and the new people are living there while there are houses that don’t get entered or you will never see because they listed the wrong zip. Some of the problem is because of the newer developments not being in databases and the streets not in certain mapping or gis programs but the largest culprit is idiot agents and data entry people at the mls itself (I can only imagine they are overworked at the moment), just read all the typos in the narrative and you’ll realize walmart is missing a cashier.
temeculaguy
ParticipantThe problem is your parameters and the database, I have the same trouble when I update the three car garage monitor. Since half of the inventory is bank owned and they have never been near the house their mls entries are all goofed up. The error rates make the Florida registrar of voters look like rocket scientists. I’d say 20% of all listings are inaccurate. I took just one data category, you listed 254 Temecula SFR’s 200-300, but I found more than 300. I ran them by zip and didn’t pick SFR, then extracted out the condos. When I do the garages, it’s a disaster, if the bank REO dept sees a two car garage in the picture they list it as a two car, not thinking about tandems. Some clearly have three garage doors but they list them as 2 car, how that is possible boggles the mind. One house that I was looking at seriously and toured the inside has been listed with three different out of town agents over the last nine months, the bank changes agents every 90 days (since it must be the agent and not the price). Each time the listing changes, the bedroom count changes. I’ve been in it, there are six bedrooms but the first agent said 4, the second said 5 and now they say four again. The problem is nobody has ever been there and I can only assume they are idiots because the tax roll says 6 and visually there have been no interior modifications, it has always had six. I’ve given up on using mls parameter filters and just go with wider searches. They consistently screw up the zip code, list sfr’s as condos, garages are wrong, the development is wrong about 1/3 of the time. There are houses listed in the mls that have sold and the new people are living there while there are houses that don’t get entered or you will never see because they listed the wrong zip. Some of the problem is because of the newer developments not being in databases and the streets not in certain mapping or gis programs but the largest culprit is idiot agents and data entry people at the mls itself (I can only imagine they are overworked at the moment), just read all the typos in the narrative and you’ll realize walmart is missing a cashier.
temeculaguy
ParticipantThe problem is your parameters and the database, I have the same trouble when I update the three car garage monitor. Since half of the inventory is bank owned and they have never been near the house their mls entries are all goofed up. The error rates make the Florida registrar of voters look like rocket scientists. I’d say 20% of all listings are inaccurate. I took just one data category, you listed 254 Temecula SFR’s 200-300, but I found more than 300. I ran them by zip and didn’t pick SFR, then extracted out the condos. When I do the garages, it’s a disaster, if the bank REO dept sees a two car garage in the picture they list it as a two car, not thinking about tandems. Some clearly have three garage doors but they list them as 2 car, how that is possible boggles the mind. One house that I was looking at seriously and toured the inside has been listed with three different out of town agents over the last nine months, the bank changes agents every 90 days (since it must be the agent and not the price). Each time the listing changes, the bedroom count changes. I’ve been in it, there are six bedrooms but the first agent said 4, the second said 5 and now they say four again. The problem is nobody has ever been there and I can only assume they are idiots because the tax roll says 6 and visually there have been no interior modifications, it has always had six. I’ve given up on using mls parameter filters and just go with wider searches. They consistently screw up the zip code, list sfr’s as condos, garages are wrong, the development is wrong about 1/3 of the time. There are houses listed in the mls that have sold and the new people are living there while there are houses that don’t get entered or you will never see because they listed the wrong zip. Some of the problem is because of the newer developments not being in databases and the streets not in certain mapping or gis programs but the largest culprit is idiot agents and data entry people at the mls itself (I can only imagine they are overworked at the moment), just read all the typos in the narrative and you’ll realize walmart is missing a cashier.
temeculaguy
ParticipantThe problem is your parameters and the database, I have the same trouble when I update the three car garage monitor. Since half of the inventory is bank owned and they have never been near the house their mls entries are all goofed up. The error rates make the Florida registrar of voters look like rocket scientists. I’d say 20% of all listings are inaccurate. I took just one data category, you listed 254 Temecula SFR’s 200-300, but I found more than 300. I ran them by zip and didn’t pick SFR, then extracted out the condos. When I do the garages, it’s a disaster, if the bank REO dept sees a two car garage in the picture they list it as a two car, not thinking about tandems. Some clearly have three garage doors but they list them as 2 car, how that is possible boggles the mind. One house that I was looking at seriously and toured the inside has been listed with three different out of town agents over the last nine months, the bank changes agents every 90 days (since it must be the agent and not the price). Each time the listing changes, the bedroom count changes. I’ve been in it, there are six bedrooms but the first agent said 4, the second said 5 and now they say four again. The problem is nobody has ever been there and I can only assume they are idiots because the tax roll says 6 and visually there have been no interior modifications, it has always had six. I’ve given up on using mls parameter filters and just go with wider searches. They consistently screw up the zip code, list sfr’s as condos, garages are wrong, the development is wrong about 1/3 of the time. There are houses listed in the mls that have sold and the new people are living there while there are houses that don’t get entered or you will never see because they listed the wrong zip. Some of the problem is because of the newer developments not being in databases and the streets not in certain mapping or gis programs but the largest culprit is idiot agents and data entry people at the mls itself (I can only imagine they are overworked at the moment), just read all the typos in the narrative and you’ll realize walmart is missing a cashier.
temeculaguy
ParticipantThe problem is your parameters and the database, I have the same trouble when I update the three car garage monitor. Since half of the inventory is bank owned and they have never been near the house their mls entries are all goofed up. The error rates make the Florida registrar of voters look like rocket scientists. I’d say 20% of all listings are inaccurate. I took just one data category, you listed 254 Temecula SFR’s 200-300, but I found more than 300. I ran them by zip and didn’t pick SFR, then extracted out the condos. When I do the garages, it’s a disaster, if the bank REO dept sees a two car garage in the picture they list it as a two car, not thinking about tandems. Some clearly have three garage doors but they list them as 2 car, how that is possible boggles the mind. One house that I was looking at seriously and toured the inside has been listed with three different out of town agents over the last nine months, the bank changes agents every 90 days (since it must be the agent and not the price). Each time the listing changes, the bedroom count changes. I’ve been in it, there are six bedrooms but the first agent said 4, the second said 5 and now they say four again. The problem is nobody has ever been there and I can only assume they are idiots because the tax roll says 6 and visually there have been no interior modifications, it has always had six. I’ve given up on using mls parameter filters and just go with wider searches. They consistently screw up the zip code, list sfr’s as condos, garages are wrong, the development is wrong about 1/3 of the time. There are houses listed in the mls that have sold and the new people are living there while there are houses that don’t get entered or you will never see because they listed the wrong zip. Some of the problem is because of the newer developments not being in databases and the streets not in certain mapping or gis programs but the largest culprit is idiot agents and data entry people at the mls itself (I can only imagine they are overworked at the moment), just read all the typos in the narrative and you’ll realize walmart is missing a cashier.
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