real estate deals

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  #16  
Old 02-27-2008, 07:28 PM
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Default Re: real estate deals

Boomer...

I tend toward the nerdy, anal-ytical type. For us it's like jumping off a cliff when we decided to buy - we think "what else coulda shoulda we have analyzed?" There's always more! I even downloaded tornado and sinkhole frequency maps from around the nation. And now I've discovered Zillow. Zillow is all over the boards in TV - very inconsistent.

For those not so analytical, final purchase would feel totally anti-climatic given our level of analysis.
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  #17  
Old 02-27-2008, 07:50 PM
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Default Re: real estate deals

Quote:
Originally Posted by gfmucci
Boomer...

I tend toward the nerdy, anal-ytical type. For us it's like jumping off a cliff when we decided to buy - we think "what else coulda shoulda we have analyzed?" There's always more! I even downloaded tornado and sinkhole frequency maps from around the nation. And now I've discovered Zillow. Zillow is all over the boards in TV - very inconsistent.

For those not so analytical, final purchase would feel totally anti-climatic given our level of analysis.
Zillow is all over the boards everywhere! It's really a piece of junk to be used only with a huge grain of salt. They have frustrated me since I found out about them. I've been involved a lot in R/E over the last 3 years, having bought in TV, bought a condo up here, and now selling the "big" house. I've watched Zillow closely for around a year now. The up and down movement in the prices of the 3 properties I've been involved with is absolutely unexplainable.
  #18  
Old 02-27-2008, 08:21 PM
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Default Re: real estate deals

here's something akin to zillow, though I can't speak to the accuacy,
it's just a tool

http://www.realestate.com/homepricec...ourceid=382950
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Old 02-27-2008, 08:41 PM
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Default Re: real estate deals

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Originally Posted by JohnN
here's something akin to zillow, though I can't speak to the accuacy,
it's just a tool

http://www.realestate.com/homepricec...ourceid=382950
Thanks John. I appreciate the tip.
  #20  
Old 02-27-2008, 09:10 PM
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Default Re: real estate deals

[
Quote:
Originally Posted by gfmucci
Boomer...

I tend toward the nerdy, anal-ytical type. For us it's like jumping off a cliff when we decided to buy - we think "what else coulda shoulda we have analyzed?" There's always more! I even downloaded tornado and sinkhole frequency maps from around the nation. And now I've discovered Zillow. Zillow is all over the boards in TV - very inconsistent.

For those not so analytical, final purchase would feel totally anti-climatic given our level of analysis.
Oh gf,

I have watched your progress and I send my congratulations to you. You have arrived. And as we both well know, part of the fun is the thrill of the chase. You have had it all. Now, relax and enjoy it.

We really are incoming in 2008 if life here backs off a little bit.

Boomer

Nerd, nerd, nerd -- Nerd is the word -- Hey, it's got a good beat and you can dance to it. -- maybe soon at Sumter Landing.
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Old 02-28-2008, 02:00 AM
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Default Re: real estate deals

Steve, I couldn't agree more about Zillow. I put our house on Zillow and found later that they established "their value" for the house. It was less than what it cost to build 9 years ago. I found how they arrived at the number. They use public records available online and pick some properties in the general area. In my case, they had a comp at 80K, two others at 120K. It was ridiculous. We're in the 400s. I tried to remove our place from their web page and they will not allow you to do that. Since then their value, I think they call it the "Zillow estimate" or something like that has been all over the board. I'm really sorry I put our info out there.
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Old 02-28-2008, 04:22 AM
Hyacinth Bucket Hyacinth Bucket is offline
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Default Re: real estate deals

JohnN, went to the site. Curious to know the value of our home. We bought in late November. The middle price was fairly accurate in relationship to what we paid for the house.

Then put in another address of a friend, I knew what they paid, and on that house it seemed low. They purchased I think in June of this year.

Thanks for posting the site.

HB
  #23  
Old 02-28-2008, 04:31 AM
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Default Re: real estate deals

Real estate information on Zillow would only be relevant if similar properties were used for comparisons. Sadly, this is not the case. Very misleading statistics.
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  #24  
Old 02-28-2008, 04:45 AM
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Default Re: real estate deals

Zillow is all over the place with their prices. I just checked 4 properties in 4 different states that I have info on and the above like to real Estate.com w
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