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Hello, could you please do a step by step tutorial on how to use Zillow to find the value of a home? In my area inventory is low so it starts to get tricky finding comparable homes in the area or how much value should I add when comparing a home with different features. Also, can I ask a listing agent to show me their comps so I can compare with my comps? TIA
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Forecasting # of future new listings/relistings
I've found data sources that list Active listings by zip code by month, so you can get a general feel for the peaks and throughs over the years. Wondering if anyone has any preferred data sources when it comes to real estate data? The other data point I want to find, which seems a little more complicated, is knowing how many houses have been pulled from the market over the past half year. Is this accessible anywhere? I have the impression that there were a lot of listings pulled in my Area in Nov/Dec. that will come on market later. Basically, I'm trying to predict if I will see a increase of houses in the next month. In Ohio, May/June does seem like the hottest time of year, but at the moment inventory is still quite low, so I'm just getting worried that there won't be much coming to the market this spring. Otherwise there are a few houses that have been on the market, that are decent but overpriced. Thus, I'm contemplating making a low offer.
Who is buying a house this year? How are you feeling about the market?
Hey y'all! Out of curiosity, who here is gearing up to buy a house this year? If you are, what are your thoughts on interest rates and what you're seeing in your housing market?
Market Trends & Analysis Guidelines
This category is for discussing real estate market conditions and predictions. When posting: - Cite reliable sources for any data or predictions you share - Clearly state whether you're sharing factual information or personal opinions - Focus on trends relevant to home buying (avoid investment speculation) - Be open to different perspectives and interpretations of data - Ask questions if you need help understanding market trends Let's work together to understand the market and make informed decisions!
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