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Contributed by mm | April 12, 2006 11:29 AM PST
More me-too online real estate appraisal sites: Zillow.com, RealEstateABC.com, Domania.com, etc.
From Forbes:
RealEstateABCs effort follows the breakthrough introduction earlier this year of the better-known Zillow.com, which uses similar methods and had 2.8 million unique visitors in February, according to Comscore Media Metrix. These aren't the only realty valuation Web sitesothers include HomeGain.com, PropertyShark.com and LendingTree's Domania.combut RealEstateABC and Zillow do all the computing for you. And they're free and don't require you to register. Type in your home address, and within seconds you've got an idea of what your house would sell forand what you could buy your neighbor's house for, too.
...
Zillow and the like, she says, might even increase the obsession with real estate. After all, she notes, bathroom scales didn't put an end to dieting. "It may not be healthy, but people like watching their weight go up and down," she says.
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CNNMoney: Most Overpriced Home Markets (July 30, 2006)
CNNMoney reports that according to a real estate research company, the medium home is overpriced by an average of 14%. With no surprise, towns in California dominate the top 10 list: Santa Barbara-Santa Maria CA (86%) Naples FL (72%) Modesto CA (71%) San Diego CA ...
50-Year Mortgage Debuts in California (April 30, 2006)
Does one really need a 50-year loan to avoid negative amortization? After all, if the current housing market cools down, the meager monthly payment toward principal in 50-year loans will be an unlikely safety net. By the way, will they allow anyone over 50 to ...
Some Finding Perils in Online Real Estate (March 12, 2006)
Online car shopping is already too much for me, not to mention online real estate flipping. How one dares to buy a house without looking at it in his own eyes is really beyond me.
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