http://sandiegohomeblog.com/2006/09/20/i-just-made-30k/ A San Diego Real Estate Web Log Sat, 13 Mar 2010 21:29:14 -0600 http://wordpress.org/?v=2.8.4 hourly 1 http://sandiegohomeblog.com/2006/09/20/i-just-made-30k/comment-page-1/#comment-42295 RealEstateUndressed » Blog Archive » The Magnificent 7 Consumer Real Estate And Mortgage Articles of 2006 Tue, 06 Feb 2007 16:16:22 +0000 http://sandiegohomeblog.com/2006/09/20/i-just-made-30k/#comment-42295 [...] A couple of weeks ago, the National Community Reinvestment Coalition (NCRC) filed a complaint against Zillow.com, a home valuation website, charging that the valuation estimates provided on their site mislead consumers. NCRC’s president said, “Zillow is placing the American dream of homeownership at risk for countless working families”. “If the estimate is too high, home buyers may overpay… Low estimates can depress prices in entire communities if both buyers and sellers rely on the site when pricing or shopping for homes”. Of course, we have talked about the value of Zillow’s values, here and here, for instance. In our opinion, although Zestimates have very limited practical application, Zillow is no more dangerous than the carnival fortune teller. We all know it’s just a fun exercise, right? Think again. [...] [...] A couple of weeks ago, the National Community Reinvestment Coalition (NCRC) filed a complaint against Zillow.com, a home valuation website, charging that the valuation estimates provided on their site mislead consumers. NCRC’s president said, “Zillow is placing the American dream of homeownership at risk for countless working families”. “If the estimate is too high, home buyers may overpay… Low estimates can depress prices in entire communities if both buyers and sellers rely on the site when pricing or shopping for homes”. Of course, we have talked about the value of Zillow’s values, here and here, for instance. In our opinion, although Zestimates have very limited practical application, Zillow is no more dangerous than the carnival fortune teller. We all know it’s just a fun exercise, right? Think again. [...]

]]> http://sandiegohomeblog.com/2006/09/20/i-just-made-30k/comment-page-1/#comment-714 Kitchen remodel: $10,000. Bathroom addition: $7,500. Ocean view: Priceless . . . | BloodhoundBlog | The weblog of BloodhoundRealty.com in Phoenix, Arizona Wed, 20 Sep 2006 15:46:05 +0000 http://sandiegohomeblog.com/2006/09/20/i-just-made-30k/#comment-714 [...] Kris Berg at The San Diego Home Blog: I have met with sellers who were quick to point out that they have an ocean view. From the guest bath. While balancing precariously on a stack of books. In high heels. With a telescope. Do you think they just might add the “water view” description to their property? [...] [...] Kris Berg at The San Diego Home Blog: I have met with sellers who were quick to point out that they have an ocean view. From the guest bath. While balancing precariously on a stack of books. In high heels. With a telescope. Do you think they just might add the “water view” description to their property? [...]

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