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Forum » How's teh Zestimate® looking these days for mortgagecels?
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Thread: How's teh Zestimate® looking these days for mortgagecels?

post 1669871483 10-21-2022, 09:38 PM
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How's teh Zestimate® looking these days for mortgagecels?

Well?
Your schtick sucks and it screams insecurity.
post 1669871583 10-21-2022, 09:39 PM
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  1. Vhagar
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Down 10k in the last month

Up $200k from what I paid
post 1669872433 10-21-2022, 09:59 PM
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Up $323,000 on my most recent investment property bought in May 2020. Took a dip this summer but rising again lol @ poor people srs
post 1669886583 10-22-2022, 09:08 AM
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down less than 1%. such is life for florida chads
post 1669886713 10-22-2022, 09:11 AM
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Down $8k in past 30 days.

Up $300k from what I paid for it.
Always Neg Back Crew.
post 1669886933 10-22-2022, 09:15 AM
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Opie in his thread:

Virtue is its own reward.
post 1669887323 10-22-2022, 09:23 AM
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Fully paid off personal residence and multiple paid for rentals looking thick,tight, and solid. Why do you ask?
post 1669887443 10-22-2022, 09:26 AM
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Post deleted by user
post 1669887533 10-22-2022, 09:29 AM
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The Zestimate reminds me of baseball card values when I was a kid, mythical. Mine is a touch over $200K higher than 2019, a big drop from the mythical value of 6 months ago. Not selling, but it's amusing still. Zillow is a joke.
Yeah Buddyyy! Light weight! Light weight baby!!!!
post 1669888533 10-22-2022, 09:53 AM
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still up 170k, max it was up from purchase price was 220k, probably will go down to 120k over closing and then start climbing back up to 250k over closing by 2024

buying in urban Texas in 2020 in the Austin/Downtown Houston/dallas area was one of the best buys, Texas housing market was WAY behind the national standard and wont go back down to those prices ever again. Buying at those stupid low prices in extremely high growth areas of jobs and economical growth plus record low interest rates has about a 0% chance of coming out behind.
**worthless college major crew**

*Always picks 4 Crew*

**HTC**
post 1669888583 10-22-2022, 09:54 AM
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Originally Posted By frankdtank20⏩
The Zestimate reminds me of baseball card values when I was a kid, mythical. Mine is a touch over $200K higher than 2019, a big drop from the mythical value of 6 months ago. Not selling, but it's amusing still. Zillow is a joke.
this. i wish they were still buying based on their retarded zestimate. would sell in a minute
post 1669888923 10-22-2022, 10:01 AM
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Bought our house almost exactly a year ago (end of October '21). It's up 19.7%.

But we're in Florida, where people actually want to live.
post 1669889823 10-22-2022, 10:16 AM
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a broken clock is right twice a day
Royal Crew
Chiefs Crew
Festivus Cew
post 1669890533 10-22-2022, 10:27 AM
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Not that Zillow means anything, but……

Current: $546K
30 day change: down $4300 (0.8%)
Up from $369K in November 2021
post 1669891663 10-22-2022, 10:43 AM
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zestimates are absolutely a fantasy number. will be hilarious when these people actually need the equity they think they have that is evaporating by the day, go to the bank and realize they have nothing.
Ron Paul 2016
post 1669892043 10-22-2022, 10:50 AM
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Originally Posted By lunchbox12⏩
zestimates are absolutely a fantasy number. will be hilarious when these people actually need the equity they think they have that is evaporating by the day, go to the bank and realize they have nothing.
Compare that to how much equity a renter has??
Ol' 71st street. The devil that birthed me.

606 G0D.
post 1669892303 10-22-2022, 10:54 AM
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Originally Posted By HayZues
Compare that to how much equity a renter has??
both will be at 0 soon as soon as mortgage rates hit 10%.
Ron Paul 2016
post 1669892583 10-22-2022, 11:00 AM
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Originally Posted By lunchbox12⏩
both will be at 0 soon as soon as mortgage rates hit 10%.
Do you know how fixed rate mortgages work?


I'm not one who doesn't see any advantages to renting, however the rentcel cope is so far off the mark in these threads, it kind of makes sense why none of you can afford to own.



What % of houses do you think we're bought in last 18 months? Only those people will be left without equity, but they will be locked in at a cheaper than free money 3%. Living in a nicer and more spacious home than they could afford for same price renting.


The other 95% will have that true, and still gave equity.
Ol' 71st street. The devil that birthed me.

606 G0D.
post 1669892643 10-22-2022, 11:00 AM
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Still over 300k from what I paid.

10 days until rent is due rentcells
post 1669892813 10-22-2022, 11:04 AM
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Zillow put their money where their mouth was, buying properties that were "undervalued" against their Zestimate to flip, and literally lost a billion dollars doing it. Don't trust that chit.
FA Crew
Always Pick 1 Crew

"Experience is something you get right after you need it."
post 1669894453 10-22-2022, 11:34 AM
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Originally Posted By HayZues
Do you know how fixed rate mortgages work?


I'm not one who doesn't see any advantages to renting, however the rentcel cope is so far off the mark in these threads, it kind of makes sense why none of you can afford to own.



What % of houses do you think we're bought in last 18 months? Only those people will be left without equity, but they will be locked in at a cheaper than free money 3%. Living in a nicer and more spacious home than they could afford for same price renting.


The other 95% will have that true, and still gave equity.
along with those who cash out refi'd to 80% ltv. THey will also be wiped out.

I'm not rooting one way or another and I'm definitely not a rentcell. I do think zestimatecels are in for a rude awakening.
Ron Paul 2016
post 1669894913 10-22-2022, 11:42 AM
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Originally Posted By Johnez⏩
Opie in his thread:

We'll revisit this thread in a year.
Your schtick sucks and it screams insecurity.
post 1669895223 10-22-2022, 11:49 AM
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Zestimates? Who dafuq believes their data?

And up 2k this past week. Lol
I probably banged your mom.

Eat the whole animal like a real man.
post 1669895243 10-22-2022, 11:49 AM
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This emphasis on market prices moving up/down is even sillier than focusing too heavily on fluctuating stock market prices
post 1669895583 10-22-2022, 11:55 AM
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up $4k in the last 30 days
post 1669895703 10-22-2022, 11:56 AM
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Originally Posted By lunchbox12⏩
zestimates are absolutely a fantasy number. will be hilarious when these people actually need the equity they think they have that is evaporating by the day, go to the bank and realize they have nothing.
It all depends when everyone bought. I do feel bad for people that bought in most places within the last year. Imagine buying in Austin, Boise, the Bay Area, or Phoenix last year with a 10% down FHA loan. ooof. Most of those people are already underwater, let alone where they'll be at in another 12-24 months.
Yeah Buddyyy! Light weight! Light weight baby!!!!
post 1669896813 10-22-2022, 12:17 PM
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-1.9% last 30 days

Still up $345k from purchase price

LMAO @ OP. Keep coping.

Don't forget to ask permission from your landlord whenever you want to hang up pictures. And patch up those nail holes or else say goodbye to your deposit.
-SF Gigantes y SF 49ers-
post 1669896873 10-22-2022, 12:18 PM
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Houses that sold for 500k during the summer are now renting out at the equivalent mortgage of $300k house. Investors are completely fukked.
Boycott foodservice industry crew
post 1669896973 10-22-2022, 12:20 PM
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Originally Posted By Anachron⏩
Only rentcels need to cope by jerking off the Zestimate numbers of houses they can't afford.

did you buy real estate in the last two years?
Boycott foodservice industry crew
post 1669897533 10-22-2022, 12:30 PM
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Originally Posted By digital022⏩
We'll revisit this thread in a year.
You made this thread too soon IMO, but it will be fun to revisit in 1-2 year time. I'm wondering how property taxes are gonna play out, especially in hot states/markets.

Worst case scenario is not gonna be fun. Imagine getting raped by property taxes and then have to contend with equity evaporating. Enter Fed trying to kill inflation by killing your job lol.
Virtue is its own reward.
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