Quote:
Originally Posted by patfla06
Zillow has not caught up with the real prices in The Villages yet.
My Son has a house in Coral Gables and they just caught up with the crazy prices there recently.
I guess it takes time to adjust to the craziness going on now.
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Zillow had overvalued by $500K the house I kept and rent out in Newport Beach, CA. Over the last three weeks they have it back down to where it belongs. Ironically Realtor.com currently undervalues it by $500K. lol
It seems to me Zillow has way overshot the house in which my son lives in Idaho at twice what it cost in 9/17 and probably is about right on one I keep in NM.
All in all I have found Zillow quite useful and reasonably accurate if a house matches its neighbors. Pretty amazing, really!