May
12
Dr. Stan Humphries, VP Data & Analytics, and the man behind our housing data, will be giving a speech to the Real Estate Roundtable at the Rainier Club in downtown Seattle on Monday May 19. He will be discussing Seattle home prices and US housing data in great detail over lunch.
I am a member of […]
May
12
Fish for Foreclosures
May 12, 2008 | Leave a Comment
Last summer I posted on an unsanitary (and sometimes dangerous) side effect of foreclosed homes in warm climates — abandoned swimming pools. These pools, when not drained of water, become infested with mosquitoes, which in turn
create the perfect breeding ground for the West Nile virus. Some of the highest rates of negative equity […]
May
8
City of Vallejo Declares Bankruptcy - and some of the nation’s highest rates of negative equity
May 8, 2008 | Leave a Comment
The New York Times today has an article on the city of Vallejo, CA declaring bankruptcy. In what the Times calls “a potentially ominous harbinger” for other California cities, the City Council of this northeast suburb of San Francisco voted unanimously, citing no other choice due to dwindling tax revenues and a depressed […]
May
8
“Go Big or Go Home”
May 8, 2008 | Leave a Comment
That’s just one of the many things they say in Texas and I’m really happy to announce that Zillow just “went big” with Keller Williams, headquartered in Austin, Texas. See the release here. We are proud to announce that Keller Williams has joined the Zillow Listings Feed program and that listings from KW’s 73,000+ associates are now prominently displayed […]
May
7
What are you reading?
May 7, 2008 | 4 Comments
A few interesting recent posts by real estate bloggers …
Free Flushes? (Gordon Stephenson)
Flushing constitutes nearly 40% of domestic water usage, so in theory, this will reduce your water (and sewer) bills considerably. And it’s just “light grey” shower water, which if you avoid shaving, toothbrushing, and any other debris-generating activities (not to get too […]
May
7
Architectural Gem in Ada, Michigan
May 7, 2008 | 1 Comment
While poking around the cool Quarterly Home Value Report heat map and drilling in closer to the trends in Grand Rapids, Michigan, an interesting-looking home popped up in the little snapshot for Ada, MI (screenshot, above). It is the most popular home in Ada and come to find out, it’s for sale for $1.5 million. […]
May
7
“Not My House!”
May 7, 2008 | 1 Comment
As you saw from Stan’s earlier post, home values continued to slide downward in the first quarter, falling more significantly than any quarter we’ve ever reported – down nearly 8% from a year ago.
Despite this trend and near-endless streams of news coverage on the subject, a lot of homeowners are still bullish about their home’s […]
May
6
Can You Guess the Price of That House?
May 6, 2008 | Leave a Comment
One of the regulars in Zillow’s Discussions named SoCalBubbleHead decided to have a little fun the other day and started a game called “Guess the Price of that House.” This is how SoCalBubbleHead started it:
I thought I would try something new. Everyone can post a photo of a house and we can guess how […]
May
6
Zillow Wins Top Webby in Real Estate
May 6, 2008 | 3 Comments
Aw shucks! The Webby Awards, which began acknowledging excellence on the Internet since 1996, just bestowed Zillow with the top Webby in the real estate category. Thank you Webbys! We are deeply appreciative and humbled by this recognition.
Come to find out, Zillow was chosen as the overall real estate winner by members of the International […]
May
6
Record-Breaking Declines in First Quarter
May 6, 2008 | 11 Comments
Conditions continued to worsen in Q1 as U.S. home values continued their slide down with the Zindex posting a 7.7% year-over-year decline, the sharpest decline we’ve ever seen in our data, which extends back to 1996. Not surprisingly, the market decline brought with it increasing rates of negative equity, with one out of two […]

