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Title: You will be amazed at... Post by Jonny on Jul 26th, 2006, 4:34pm what this site can tell you about your house, I was!! http://www.zillow.com/ |
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Title: Re: You will be amazed at... Post by Mattrf on Jul 26th, 2006, 4:45pm Here is some California insanity for you, and I think there price is off a bit. It says my 3 bedroom 1 bath 980Sqf house is worth 705k but it actually more like 800k and I bought it three years ago for 430k and we are not even in the best area. I could not afford my own home if I had to buy it now, hell we could barely afford it at the price we paid. Matt |
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Title: Re: You will be amazed at... Post by alchemy on Jul 26th, 2006, 4:45pm prices in my neighborhood are kind of scary |
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Title: Re: You will be amazed at... Post by kissmyglass on Jul 26th, 2006, 4:46pm I heard they adjust the #s for their own agenda.. Kev |
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Title: Re: You will be amazed at... Post by zwibbs/Scott on Jul 26th, 2006, 4:47pm Zillow simply uses Tax Assesment records |
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Title: Re: You will be amazed at... Post by Jonny on Jul 26th, 2006, 4:49pm The market is turning and prices are coming down as intrest rates go up.....I think ;;D |
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Title: Re: You will be amazed at... Post by Sandy_C on Jul 26th, 2006, 4:54pm Yeah, that's a cool site. I've been there before. For my area, it only gives me the tax value, which has absoluely no correlation with actual "market" value, but it is helpful. It's also out of date by at least 6 months because it's showing the property next to me with a really lowvalue, as a vacant lot. There's a lovely two story brick home there now. Also, this time, and the first time I accessed this site, they tell me that "satellite images are not available for this area". Oh well, it's still a good site to visit to give a homeowner an idea of how his property stacks up against the neighbors. Sandy |
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Title: Re: You will be amazed at... Post by seasonalboomer on Jul 26th, 2006, 4:54pm on 07/26/06 at 16:49:20, Jonny wrote:
There was a nice, even-handed, non-panicky article about real estate values in the Wall Street Journal today. While there will be isolated instances of a downturn they're indicating that on average we're really looking at more of a breather than a downturn. Based on how most people's values have gone up over the last several years, there's not much wrong with a breather and it shouldn't hurt hardly anybody but those who were a tad agressive and took huge risks anyway. Scott |
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Title: Re: You will be amazed at... Post by JeffB on Jul 26th, 2006, 4:55pm I should have held on to the condo in Henderson,Nv. a bit longer. Bought for 136K,sold for 280K, now worth 300K. 1,671 sq ft. 3b 2 1/2 bath and a couple of strippers in the next building ;;D |
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Title: Re: You will be amazed at... Post by Racer1_NC on Jul 26th, 2006, 5:31pm on 07/26/06 at 16:55:45, JeffB wrote:
Location, location, location........ ;;D |
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Title: Re: You will be amazed at... Post by BarbaraD on Jul 26th, 2006, 6:42pm Geezz! I'm living in an invisible house. It said NO HOME WAS FOUND at my address. Looks like a house and I still have to clean the darn thing...... ummmmm.... Also said there was no house at my kid's address. And they were going to sell it.... guess that knocks the price down quite a bit. Maybe they should just quit paying the mortgage.... ;;D Hugs BD |
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Title: Re: You will be amazed at... Post by Jonny on Jul 26th, 2006, 6:43pm ROTFF...Mom!!!....LOL ;;D |
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Title: Re: You will be amazed at... Post by floridian on Jul 26th, 2006, 10:15pm on 07/26/06 at 16:49:20, Jonny wrote:
Correct. It varies from place to place - around here, sales of existing homes dropped significantly (20-30%), and prices went up a little, but not at the rate of previous years. Hope it is a leveling off, not a big drop. |
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Title: Re: You will be amazed at... Post by Paul98 on Jul 26th, 2006, 10:18pm on 07/26/06 at 16:47:57, zwibbs/Scott wrote:
The assesments change to quickly for them to keep up. -P. |
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