What’s your prediction on local home-price appreciation over the next year?

Here’s what Zillow thinks – they sent these to me over the last three weeks:

La Jolla:

Del Mar:

Carmel Valley:

Rancho Santa Fe:

Encinitas:

SE Carlsbad:

SW Carlsbad:

NW Carlsbad:

NE Carlsbad:

Even after the market perked up last year, their guesses were still in the single digits on November 1st:

https://www.bubbleinfo.com/2020/11/01/zillow-2021-forecasts/

In January, they did revise upward and predicted that all of the local areas would hit 10% to 12%:

https://www.bubbleinfo.com/2021/01/11/zillow-increases-appreciation-forecast/

This year, their forecasted-value increases range from 0.4% to 11.5% – quite a spread!