By: Stan Humphries VP, Data & Analytics | March 27, 2008
In a recent blog post, I discussed how the Zillow Home Value Index (Zindex) compares to two popular repeat sales indexes, the OFHEO Housing Price Index and Standard & Poor’s Case-Shiller Index. In that post, I referenced David Wessel’s recent article in the Wall Street Journal in which he compares these two repeat sales indexes […]
By: Stan Humphries VP, Data & Analytics | March 18, 2008
There was an interesting article in the Wall Street Journal a few weeks ago by David Wessel discussing differences between the housing index produced by the Office of Federal Housing Enterprise Oversight (OFHEO) and Standard & Poor’s Case-Shiller index. Since Zillow recently released our Q4 2007 Home Value Reports, I thought I’d extend Mr. […]
By: David Gibbons Director of Community Relations | February 18, 2008
This innovative video clip was produced by RE Investor, James Orr. If you haven’t seen Zillow’s Q4 Home Value reports, I recommend you start by watching James’ quick video and then move on to browsing the data. Nice one, James!
By: Drew Meyers Business Development Specialist | February 15, 2008
As you probably know, we released our 2007 quarterly report earlier this week. For those interested in doing analysis on the data, you can download all the raw data on a MSA-by-MSA basis straight from our quarterly reports page. However, while an MSA report is fine for reporters and bloggers covering specific markets, we realize […]
By: Stan Humphries VP, Data & Analytics | February 12, 2008
Today Zillow released Home Value Reports for Q4 2007, which show home values are still on the decline with no signs of slowing just yet. Over the past year, Condo values have declined by 7.4% , while single-family homes have declined by 5.5% .
We’re also reporting on home equity which we did last quarter […]
By: Stan Humphries VP, Data & Analytics | January 15, 2008
In the case the Zestimate, it’s a lot. Lloyd’s blog post Thursday announced that we officially came out of beta in concert with expanding our database and improving our accuracy. I wanted to offer a little more perspective on what goes into your Zestimate now.
When we first launched in 2006, we set out to do […]
By: Tommy Unger Data Analyst | December 6, 2007
Recently we released the 2007 Q3 Zillow Home Value Reports. Stan has already pointed out that the markets are cooling in his quarterly report summary. His analysis also shows that it’s “raining” on some markets a bit more than others. The map included in his post gives us a macro view of the metro areas. […]
By: Stan Humphries VP, Data & Analytics | November 20, 2007
The third quarter Zillow Home Value Reports, released today, show a continued deterioration of home values across the country. Home values are down 5.7% on a year-over-year (YoY) basis, marking the fourth consecutive quarter of declines and the largest year-over-year national decline seen in our data, which extendsback more than 10 years (see the chart […]
By: David Gibbons Director of Community Relations | August 27, 2007
According to the National Association of Realtors (NAR) it will currently take longer to sell your average home than it does to have a child. The NAR said in a press release issued this morning, that by the end of July:
inventory of (existing) homes available for sale had reached 9.6 months of supply and
median (existing) […]
By: Tommy Unger Data Analyst | August 27, 2007
Our recent addition of Zestimates in the District of Columbia has allowed us to add the Washington DC metro area (Washington-Baltimore DC-MD-VA-WV) to our latest set of quarterly reports. With over 2.6 million homes and Zestimates, Washington, DC is the fourth largest metropolitan area in the nation. Let’s dive down into the quarterly report and […]