Selling a house is different every time - it's truly the wild, wild west. Because there are no standard rules of engagement on how to sell a home, everyone does it differently. I had an agent accost me on why my offer was so low (it was full price), to which I said...
Zillow
Zillow, 2021
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‘Not A Bubble’
An excerpt from this article: https://www.usatoday.com/in-depth/money/2021/02/04/homes-sale-we-housing-bubble-prices-outstrip-wages/6671282002/ For Mark Stapp, a real estate professor at Arizona State University, what's going on in the real estate market right now is...
Top Markets in 2021
Zillow Survey Predicts Austin will be the Nation's Hottest Housing Market, Leading a Sunbelt Surge More affordable metros are replacing expensive coastal areas as top drivers of home value growth -- A panel of economists and real estate experts expect Austin to...
Zillow vs. Realtors
We wondered what might happen when Zillow changed from a search portal to a brokerage last week. Zillow showed us who's the boss. They deleted the last 50-100 sales from EVERY agent I checked, and ALL active listings were wiped off the agent profile. They also tweaked...
Zillow Increases Appreciation Forecast
In November, Zillow busted out of the pack of prognosticators and predicted around 7% appreciation for NSDCC zip codes over the next 12 months. They have revised again - now predicting that our North San Diego County coastal areas will appreciate at least 10%: La...
Zillow Forecast 2021
Thoughts: I can't remember any prognosticator predicting double-digit appreciation before. There will be areas who will have higher than 10.3% appreciation in 2021. Zillow has guts to put it out there. They could have played it safer. Do they know something? They are...
Home Trends for 2021
From Zillow: We've all been there this year -- toddlers interrupting Zoom meetings, daydreaming for more space, and shamelessly feeding sourdough starter kits. 2020 has changed the way we live in and outside our homes. As people rethink their homes'...
Zillow Raises Appreciation Forecast
I showed three houses over the weekend, and other buyer groups were looking before and after. For every hot buy, it seems like there are 5-10 buyers! This enthusiastic demand coming in November can only mean that the 2021 market is going to go ballistic. We will get...
The Zillow Way
This is a good summary of the Zillow Offers homebuying machine. Like Amazon, they are hoping that consumers are willing to overpay for convenience: The website that allows you to imagine living in homes you could never afford is out to do to real estate sales what...