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All Eyes Are On Housing Pricing Even though the summer homebuying season is officially here, the housing market is still experiencing a winter chill. The national average 30-year fixed mortgage rate remains elevated compared to last year, hitting a year-to-date high of 6.79% the week ending June 1, according to Freddie Mac. Though the median existing-home sales price edged lower year-over-year for the fourth consecutive month—a promising sign for home shoppers—experts don’t expect substantial, nationwide price declines anytime soon. Click Read more below for the entire post and videos.
The truth abput Zillow Zillow's "Zestimates" can be tweaked if you know how to add improvements to Zillow's valuation methodology. You need to be the owner, or owner's agent to do this, or an unscrupulous hacker. Actually, you don't even need to be a hacker, anyone can do it. Zillow does offer valuable information they gather from Public Records. But, you're not going to get a bank to loan you money based on a Zillow "Zestimate." Where homes are very similar (condos/townhomes) sometimes Zillow's "Zestimates" can be helpful. But, if you live in an area where the home styles vary, for real estate agents (your best source for what the true value of your property is) Zillow's "Zestimates" can drive you crazy. Many home sellers and buyers give credence to Zillow's "Zestimates." Unfortunately the degree of accuracy of Zillow's "Zestimates" can vary dramatically from neighborhood to neighborhood. To real estate professionals is what makes this video so hilarious, and wonderfully ironic...enjoy!
Here’s “What’s Happening” in Santa Barbara this Fourth of July![...]
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