SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (80571)4/2/2007 2:24:23 PM
From: inchingup  Read Replies (1) | Respond to of 110194
 
"Zillow values my house 20% higher than a recent appraisal."

I was actually surprised yesterday when I looked at Zillow. In my estimation their value for my home is almost exactly what I thought it would be based on current market conditions.

BTW, it is about 70% higher than appraisal, although a similar residence sold for 85% over appraisal several months back.



To: Jim McMannis who wrote (80571)4/2/2007 3:53:33 PM
From: Elroy Jetson  Read Replies (2) | Respond to of 110194
 
I believe that's the basic business model Zillow follows, tell home owners what they want to hear. It drives website usage.

Its similar to the Chinese restaurant with the fortune cookie.

No one wants to go back to a restaurant that dispenses fortune cookies that tell you things like "Financial disaster is in your future".
.