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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (86917)8/24/2007 11:49:05 AM
From: John VosillaRead Replies (1) | Respond to of 306849
 
I find with Zillow in some of our declining markets they'll often pull the best comps as 2006 sales. So I see Zillow easily $100k over what true market today is.. Whether a glitch in their software or intentional I'm not certain. If you have an August 2007 sale of a similar home in an adjoining subdivision half mile away it should be used rather than an August 2006 sale down the block IMHO..



To: Lizzie Tudor who wrote (86917)8/27/2007 1:29:33 PM
From: SriniRead Replies (1) | Respond to of 306849
 
I sold my house in LA (Bel Air) in July 2005.
Zillow has no record of this sale , but has the house valued now for 25% above my sales price.


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