maret reports: "Zillow is the Zestimate and the agent is the Zactimate" - 09/19/11 01:33 PM
Thanks so much to Lottie Kendall, Realtor, at Today | Sotheby's International Realty, San Carlos, California, 94070 for this insightful post about Zillow. She hit the nail right on the head!
Zillow is a fun way to "spy on your neighbors" as far as pricing, but be sure to read the Zillow disclaimer about Zestimates - it's often 20% off in either direction! Gayle**** **** **** "I took a look on Zillow, and they show an estimated price of $900,000." "I took a look on Zillow, and they show an estimated price of $900,000" So began the email from a client who is somewhat … (0 comments)
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maret reports: What's happening in the Monroe/West Monroe market? - 11/16/09 02:44 PM
To keep you posted so you can make good decisions about buying and/or selling, here are the statistics for sales of homes in Ouachita Parish for the period of Jan--October. I have included the past 2 years so you can see how the market has moved during this "housing crisis". It has pretty much been a non-event here in Ouachita Parish.
I will admit that homes are staying on the market longer, but I don't consider 7 days to be catastrophic. Local Realtors sold 22 more homes in 2008 than the same period of 2009. However, the number of homes sold compared to … (0 comments)
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maret reports: So, what's the market like in Monroe and West Monroe? - 06/10/09 01:16 PM
People ask me that all the time. When you watch TV, you're sure to think that the housing market sucks, and that is true for some areas of the US. But, not all parts of the country are experiencing plunging real estate values. Certainly not here in Ouachita Parish.
Home sales in Ouachita Parish for May, 2009 were slightly down from May, 2008, but the local market is still very stable.
For the first 5 months of 2009, local Realtors listed 733 homes and sold 443 at an average price of $148,052. Buyers paid an average of 96% of list price for homes in the … (0 comments)
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maret reports: FORECLOSURES in LA--Let's put this in perspective. - 11/14/08 09:40 AM
The numbers are in for October, 2008. We hear it on the news everywhere. You know the country is going to hell in a handbasket because you heard it on MSNBC, CNN, FOX, and all the other channels, right? Yes, the picture is dismal in several parts of the country, but let's compare the foreclosure rate in LOUISIANA.
According to RealtyTrac, Louisiana is ranked #41 in the number of foreclosures in the US. Here are the states at the top of the list for the month of October:#1 Nevada--1 in 74 homes are in foreclosure or default (total 14,483). This is a jump … (3 comments)
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