real estate: FAQ IV: Why is the Zestimate So Much Different Than The Asking Price?
- 05/31/12 07:52 AM
FAQ IV: Why is the Zillow Zestimate So Much Different Than The Asking Price? As alchemists struggled to find ways of turning lead into gold, real estate professionals and the industries that support them have tried to find an automated way to determine property value. The biggest challenge to that end is that in many markets, no two homes are exactly the same. There are so many variables to consider that even the most sophisticated of algorithms, pulling information from the most comprehensive databases can only approximate the market value of any given property. The question remains, how close can these … (8 comments)
real estate: FAQ I: Should I Talk To A Lender First? Answer: Absolutely NOT!!
- 05/23/12 05:39 AM
FAQ: Should I Talk To A Lender First? Answer: Absolutely NOT!! If you’re truly dreaming of owning your own home, dream often and dream BIG! Talking to a lender will do one thing and one thing only – squash your dreams! Here’s some advice: First, set up an account at Pinterest, then visit HGTV.com, Google Images, or download the Houzz app for iPad. Visit sites that show outrageous homes for sale and look for the things you love most about dreamy houses and then start pinning like mad. Luxurious bathrooms? Magnificent closets? Clever kitchens and genius storage solutions? Will your … (50 comments)
real estate: Houses Aren’t Investments – (they’re a consumer good, silly!)
- 12/28/11 07:51 AM
On my way home from the office last night, I was listening to NPR. Specifically, I was listening to American Public Media’s Marketplace. Typically, I really enjoy this program and find the short-form reporting informative, responsible, and objective – you know, journalism. Midway through the program, on a segment about the latest housing figures, I was reminded why all the banking and finance bozos need a big dose of Dickensian reality-checks complete with Scroogerian visits from the ghosts of recessions’ past present and future. In response to the reporter’s apparent question about when banks will start lending again, the economist says … (16 comments)
FAQ IV: Why is the Zillow Zestimate So Much Different Than The Asking Price?
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