Just a quick reminder of the constant grift in real estate. Before the listing was entered onto the MLS: After the MLS listing was inputted - at least they didn't recreate the history graph.....yet: ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Before the listing...
Zillow has recalibrated and is predicting a fairly flat 12 months ahead. Here are the zip codes I've received so far, all ranging between +1.5% and 1.9% appreciation over the next 12 months - the rest of the local zip codes should be similar: NW Carlsbad SE Carlsbad...
After my blog post yesterday publicizing the confidence Zillow has in our local markets, guess what arrived today. Yep, their first installment of their next round (it usually takes 2-3 weeks to receive the full set): At the end of July, their prediction for Carmel...
The latest Zillow 1-Year Forecasted Values are still expecting a fairly strong appreciation rate over the next year - these estimates are the same or higher than last month! I can see a path to how this could happen. The Spring Selling Season gets frenzied up for 3-4...
Whoever advertises the most, wins the game. I know agents who spend $25,000 to $50,000 per month! Aug. 4, 2022- Zillow, Inc. and Opendoor Technologies Inc. have announced a multi-year partnership that combines two category leaders to transform how people start their...
The latest Zillow 1-Year Forecasted Values are still expecting a fairly strong appreciation rate over the next year. In May, they were guessing +19% or more in all areas, so this looks like a soft landing: NW Carlsbad, 92008: SE Carlsbad, 92009: NE Carlsbad, 92010: SW...
Let's revisit Encinitas Ranch for an example of how the zestimates will affect the post-frenzy era. Consider the ER comps since my $3,760,000 sale closed in November. This is where the algorithms should perform beautifully because there have been eight sales of...
You think it's bad here? Hat tip to ML for sending this in!
Home buyers who value their privacy don't like seeing their home's photo gallery advertised on Zillow after the sale is completed. Zillow has made it easier to remove those photos! Here are the instructions: To add or remove photos on your home's property page, you...
At some point over the last 6-12 months, Zillow started revising their zestimates higher - way higher! It has been noticed too, and now virtually every potential seller brings their zestimate to the table, and expects to list their home for that amount......or more....
