Tag Archives: zillow

Zillow: U.S. Homes Set to Lose $1.7 Trillion This Year

Thanks to high rates of foreclosure and negative equity, it does not appear that the first half of 2011 will bring much relief. However, the hope is that the market will reach a bottom sometime next year, and that average rates of appreciation will return sometime in the next three to five years. Continue reading

Posted in Newsletter, Real Estate Data | Tagged Home Prices, zillow | Leave a comment

When Will Zillow Stop Being Quoted as a Reliable Source of Property Values?

By its own admission, Zillow’s values are merely estimates based on amalgamating sales data from nearby homes, comparing bedroom counts, living area, lot size and other salient characteristics. Continue reading

Posted in Data, Data, and More Data | Tagged AVM, property values, zillow | 4 Comments