Are you a first time home buyer trying to determine how much you should offer when buying a house? Are you wondering about Zillow or Redfin and their zestimate accuracy? How do online companies like Zillow come up with the zestimate or Zillow valuation? In this video, we discuss the accuracy of online websites when determining home prices as well as how the data is easily manipulated just by changing the listing price as well as a recent example of a home that I just listed in Huntington Beach and how the value was off by over $1M.
Articles Referenced in this video:
What are your thoughts on house prices and housing affordability? When do you believe home prices will level off? How do you think the rise in house prices month over month is going to affect the housing market? What are you thoughts on a housing market crash? How long do you believe this can go on? Let me know in the comments below.
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Jeb Smith (huntington beach Realtor/orange county real estate)
Coldwell Banker Realty
➡I N S T A G R A M ➳ https://www.instagram.com/jebsmith
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