Posts tagged "Zillow"

14,000 Chicago Pre-Market Foreclosures Now Listed On Zillow

14,000 Chicago Pre-Market Foreclosures Now Listed On Zillow
If you’ve ever tried to get information on foreclosures that are not on the market before you know how difficult it can be. A realtor can get some of the information for you or you can buy a subscription to a special database. But just yesterday Zillow introduced a new feature on their Web site... Read more »

Zillow's Bottom Call On The Housing Market: Don't Get Too Excited Yet

Zillow's Bottom Call On The Housing Market: Don't Get Too Excited Yet
Today Zillow released their Home Value Forecast, which they claim shows a bottom in the US housing market during the first quarter. In addition, Zillow reported that for the first time in 5 years the country showed an increase in year over year housing prices and they are projecting a 1.1% increase in home prices... Read more »

Zestimates: Just How Bad Are Zillow's Home Price Estimates?

Zestimates: Just How Bad Are Zillow's Home Price Estimates?
I’ve been meaning to analyze Zillow’s home price estimate accuracy for a while – especially since my brother keeps talking about those damn Zestimates. He’s not the only one, though. A lot of people put way too much stock in what Zillow has to say about their home values. So I decided to look at... Read more »
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Does Zillow Determine Your Net Worth?

A short while ago Zillow revised the algorithms that power the home value estimates (cleverly called “Zestimates”) on their Web site. According to a recent Wall Street Journal story “the overall margin of error for Zestimates dropped from 12% to 8.5%, not far off the typical 5% margin of error that most home appraisers claim.”... Read more »

Will Inflation Bail Out Underwater Homeowners?

  Zillow just came out with their third quarter estimate of home values and according to their “Zestimates” about 1/3 of Chicago single family homes are underwater on their mortgages. A few caveats about this data. As I mention, it’s only for single family homes, which are a smaller part of the total housing market... Read more »