tag:blogger.com,1999:blog-15223784.post113954281212838952..comments2023-10-08T06:24:07.089-07:00Comments on Seattle Bubble: Zillow-rific... Or SomethingThe Timhttp://www.blogger.com/profile/14832570891451659976noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-15223784.post-1139745491608200872006-02-12T03:58:00.000-08:002006-02-12T03:58:00.000-08:00I got to say I'm pretty impressed. This allows me ...I got to say I'm pretty impressed. This allows me to bypass Domania, which doesn't work all the time. And the graph is certainly impressive considering you get to see the huge deviation in prices over the last 2-5 years compared to the last 10 years. Enough to stop any buyer in his/her path.ocrenterhttps://www.blogger.com/profile/04644210348003492880noreply@blogger.comtag:blogger.com,1999:blog-15223784.post-1139618869774546412006-02-10T16:47:00.000-08:002006-02-10T16:47:00.000-08:00Used the above metrokc address and found a lot of ...Used the above metrokc address and found a lot of huge price jumps.<BR/><BR/>Here are just a couple of the ones I jotted down:<BR/><BR/>1221 NE 103 St: Sold in 2004 for $230K<BR/>on MLS list Dec. 2005 for $799,950<BR/><BR/>11554 17 Ave. NE: sold on 11/18/2004 for 218,500.<BR/>On MLS Dec '05 for 699K<BR/><BR/>Both of these were pulled off the MLS in Jan '06.<BR/><BR/>Anybody who's thinking of buying right now in Seattle should definitely check the history of the property they are interested in.<BR/><BR/>I see potential for some serious low-balling in the future!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15223784.post-1139604605819183962006-02-10T12:50:00.000-08:002006-02-10T12:50:00.000-08:00I've been having problems using the Zillow site- m...I've been having problems using the Zillow site- maybe because I've got an old Mac.<BR/><BR/>Anyway, this site:<BR/><BR/>http://www5.metrokc.gov/reports/property_report.asp<BR/><BR/>is an awesome tool and very easy to use.<BR/><BR/>It gives the buy/sell history of each property and the tax valuations.<BR/><BR/>You can :<BR/><BR/>>compare asking price to actual selling price<BR/><BR/>>find out whether a property that went off the MLS list actually sold or was just taken off the market, <BR/><BR/>>see whether a property is a flip.<BR/><BR/>I found several properties, Asking Price in the 800K-900K range that were taken off the MLS list in Jan '05.<BR/><BR/>Turns out they had 1) not sold and 2) been bought a 1-2 years earlier for MUCH less money.<BR/><BR/>For example, one beautiful craftsman , good location, bought for 230K (what a deal!) in 2004. On the MLS this past fall for 799,950K. Delisted January 06, not sold.<BR/><BR/>To use the site all you need is the street address of the property you are investigating.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15223784.post-1139555491081638582006-02-09T23:11:00.000-08:002006-02-09T23:11:00.000-08:00Anon 10:39Well let's just hope those flippers get ...Anon 10:39<BR/><BR/>Well let's just hope those flippers get burned but good.<BR/><BR/>I think the market peaked here last August! Seriously!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15223784.post-1139553579762297432006-02-09T22:39:00.000-08:002006-02-09T22:39:00.000-08:00Well, I have to say I AM impressed, even if the Ze...Well, I have to say I AM impressed, even if the Zestimate isn't that accurate.<BR/><BR/>At the very least, it's a good way to see which homes in the MLS are being flipped. Amazing how many of the listings that came on the market this week were last sold in August 2005.<BR/><BR/>The site is attempting to assimilate a vast quantity of data and is bound to have a few bugs at the start. <BR/><BR/>I'll wait a few months before passing final judgement.Anonymousnoreply@blogger.com