Zillow Zestimates Still Incorrect

January 11th, 2021

Zillow Zestimates are still incorrect in Baltimore and beyond. Recently, the founder of Zillow bought a home. He paid $1 Million ABOVE the Zestimate for the home he bought. This was reported in a real estate industry newsletter called Inman, who got the information from an article on the Variety website. From the November 11, [...]

Baltimore Zillow Rentals Won’t Be Accurate Starting January 2021

November 4th, 2020

Zillow rentals in Baltimore won't be accurate beginning in January 2021. Why? Announced 11/3/20 via email, Zillow will no longer be syndicating rentals from the multiple listing service in Baltimore (as well as other areas across the country.) This means that you won't find a number of available rentals on Zillow, Hot Pads, or Trulia. [...]

Zillow Group Consumer Housing Trends Report 2019

November 6th, 2019

The Zillow Group Consumer Housing Trends Report 2019 is a very interesting look at the general real estate market across the US. The researchers got information from 13,000 consumers to create their report. From those surveyed, the average age of a homebuyer was 43. About 49% lived with children under the age of 18. The [...]

Zillow Rental Scams

September 23rd, 2019

Zillow rental scams are unfortunately currently a reality. Be aware and protect yourself! Recently, a 59 year old New York man was arrested for allegedly pretending to be a real estate agent and scamming people out of thousands of dollars. He apparently used Zillow, Trulia, Craigslist, and Hotpads to find his potential victims. Here is [...]

Home Features That Can Bring in More Money and Sell Your Home Faster

January 26th, 2017

Home features that can bring in more money and sell your home faster comes from a Bloomberg article about design features that do more for their homes in resale than others. Of course, design features and popularity change, so be aware that this list could see modifications in the future! (And there is no guarantee that these [...]

Zillow Zestimates May Be Inaccurate Again and Again in Baltimore

July 25th, 2016

Zillow Zestimates may be inaccurate again and again in Baltimore. Zillow Zestimates. Buyers often look to them, thinking they are a good representation of a home's value. In reality, often (not always, but often,) Zillow Zestimates can be off. Especially in Baltimore County. This happens across the country. The Los Angeles Times published an article regarding this [...]

Zillow to Buy Trulia

July 29th, 2014

Zillow is in an agreement to buy Trulia. Zillow is paying $3.5 Billion dollars to buy Trulia. As of right now, both brands will continue to exist, both websites, and their respective apps will remain in working order. The move will reduce costs to both brands, but will both continue to sell advertising to agents. There may [...]

Towson Zillow Zestimates Incorrect and Problematic

January 26th, 2013

Towson Zillow Zestimates continue to be incorrect and problematic in the public's understanding of the value of a home. I listed a Towson home that will be coming to the market in March. We have completed our paperwork, and are readying for the Baltimore real estate market. One thing we discussed was their rather low [...]

Wells Fargo HELOC Class Action Lawsuit

March 20th, 2012

A Class Action workers compensation case by Schibell & Mennie has been filed against Wells Fargo due to reductions in HELOCs all over the country. In May of 2009, I wrote about Towson Zillow Zestimates affecting a client's HELOC loan, and how his line of credit had been reduced right in the middle of construction [...]

Baltimore Zillow Zestimates Still Off

February 7th, 2012

Baltimore Zillow Zestimates are still often off from true value, despite the change in algorithms last year. "Desktop Valuations" are a quick way to look at the potential value of a home, but they do not take many factors into consideration, and some of the things they DO use to determine a value should not be used! [...]

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