Here is the first report in the next cycle of local Zillow forecasts. At the beginning of the year, they predicted that all of the local areas would appreciate 3% to 4%, and by March they raised their optimism into the 5% range. All of those gains must have already...
Zillow
Zillow Lowers Forecasts
Zillow has every reason to be the nation's real estate cheerleader since they derive the bulk of their income from realtors. They had been predicting 3% to 6% appreciation locally this year....at least up until two weeks ago. Something has changed: Carlsbad NW - 92008...
7-Day Free Trial
Test drive an agent free for seven days! Now that NAR’s proposed settlement of the Sitzer/Burnett lawsuit has received preliminary approval, the industry is receiving numerous updates about the future of real estate practices. One change, set to take place in July, is...
Zillow Appreciation Guesses
In February, their annual appreciation guesses were in the 3% to 4% range. In March, they got excited and bumped all local areas up to 4.9% to 6.3%! They are back to the 2.2%-3.9% range, with Carmel Valley clocking in with a solid 4.3% over the next 12 months. It...
Zillow Local Forecasts
Last month their annual appreciation guesses were in the 3% to 4% range, now they are up to 4.9% to 6.3% for the next 12 months! We'll probably exceed those in the first quarter of 2024! Carlsbad NW - 92008 Carlsbad SE - 92009 Carlsbad NE - 92010 Carlsbad SW - 92011...
Zillow Local Appreciation Guesses, 2024
If Zillow made their predictions based on traffic to their website, it would be impressive. I'm not sure how they figure these though. Generally, they are expecting +3% to 4% in home values around here over the next 12 months: Carlsbad 92008 Carlsbad 92009 Carlsbad...
Homes.com Super Bowl Ads
Homes.com says they are going to be a primary real estate search portal, and well, it's go time! One of the 30-second Super Bowl ads cost $7 million - a great place to spend big money if you're trying to make a splash. This are just teasers for their Super Bowl ads:...
Zillow Meets Apple Vision Pro
View this post on Instagram A post shared by ShowingTime+ (@showingtimeplus) Zillow keeps feasting on lazy realtors! Any agent could walk around their next listing with their phone's camera running and comment on what people are seeing and why they...
Zestimates of Active Listings
There is a common belief that it takes longer to sell homes that are more expensive. The statistics back it up too. But the belief is a self-fulfilling prophecy that is executed by realtors and sellers every day. It's hard enough to put an attractive price on a...
Zillow Tailwinds
It’s a new year and many, including Zillow economists, are optimistic. After a year in which almost half of agents reported selling one home or less, optimism is a valuable tool. To that end, there are a few major macroeconomic tailwinds that might fuel the early...