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» Zillow data for rentcels
  1. Results 1 to 24 of 24
post 1671626093 11-23-2022, 09:02 AM
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Zillow data for rentcels

Here you go guys since yall like to make fun of zestimates:

https://www.zillow.com/z/zestimate/#acc

The national median error rate for sales price is around 3%. So except in volatile markets, its pretty dang accurate.

Just wishing you rentcels a happy thanksgiving and a reminder that rent is due next week.
post 1671627493 11-23-2022, 09:30 AM
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Off topic, but a few years ago my wife and I looked at a second home on gulf coast FL. There were a several houses in the area on a saltwater, sailboat access channel to the gulf of Mexico with a pool for 350k-400k. They needed some updating, but now those houses are 900k now even with 7% interest rate. We still regret not jumping in then because we're priced out now.

While we regret not jumping in, we don't feel the nauseating regret like a rentcel does after they realize they've been paying their landlord's mortgage for decades.
post 1671629093 11-23-2022, 09:55 AM
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Originally Posted By Retoaded
Here you go guys since yall like to make fun of zestimates:

https://www.zillow.com/z/zestimate/#acc

The national median error rate for sales price is around 3%. So except in volatile markets, its pretty dang accurate.

Just wishing you rentcels a happy thanksgiving and a reminder that rent is due next week.
What is a "National Median Error Rate for sales price" exactly?
post 1671629153 11-23-2022, 09:56 AM
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Divorcecel cope

My wife took half my assets but at least I’m not a rentcel!
post 1671629203 11-23-2022, 09:57 AM
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"Zestimate is bs"

"According to zestimate, your house lost 99.9% of its value"

Rentcels, when will they learn
post 1671629253 11-23-2022, 09:59 AM
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Originally Posted By JonMillsJr
Divorcecel cope

My wife took half my assets but at least I’m not a rentcel!
Fortunately half my assets is still 10x anything you'll ever have. :-)
post 1671629393 11-23-2022, 10:01 AM
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Originally Posted By Retoaded
Fortunately half my assets is still 10x anything you'll ever have. :-)
All that money and you still couldn’t keep your wife around

She’s probably sucking her new man off while you’re making cope posts on the misc

Sad
post 1671630503 11-23-2022, 10:27 AM
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Only regret about being a mortgagecell is that I didn't take the leap sooner. Every time I was house shopping I'd end up moving for work and stop myself. Should have just bought one in each city I ever lived in and became a slumlord much sooner.
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post 1671630683 11-23-2022, 10:29 AM
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Originally Posted By littlemissy
Only regret about being a mortgagecell is that I didn't take the leap sooner. Every time I was house shopping I'd end up moving for work and stop myself. Should have just bought one in each city I ever lived in and became a slumlord much sooner.
I am looking at moving downtown where I live and offloading the 2 houses I own to pay for it but I just can't bring myself to deal with the hassle of selling 2 houses and moving lol.
post 1671632303 11-23-2022, 10:53 AM
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Originally Posted By Retoaded
Here you go guys since yall like to make fun of zestimates:

https://www.zillow.com/z/zestimate/#acc

The national median error rate for sales price is around 3%. So except in volatile markets, its pretty dang accurate.

Just wishing you rentcels a happy thanksgiving and a reminder that rent is due next week.
When I was selling my house, wasn't sure where to price it at. So I found comparables and their price per square footage. Accuracy upon sale was 98.5% accurate. Zestimate was accurate as well.
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post 1671632913 11-23-2022, 11:02 AM
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I love how I bought a crackden for 75k two years ago and its now worth about 130k lmfao.

Im guessing I would probably only actually get 110k for it though.
post 1671633023 11-23-2022, 11:04 AM
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Originally Posted By Guyfawkes1010
I love how I bought a crackden for 75k two years ago and its now worth about 130k lmfao.

Im guessing I would probably only actually get 110k for it though.
There is always the cost to prepare a place to sell, the realtors commissions (robbery), and concessions made to the buyer so yeah you are never going to recoup the full amount.
post 1671633203 11-23-2022, 11:07 AM
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Originally Posted By Retoaded
There is always the cost to prepare a place to sell, the realtors commissions (robbery), and concessions made to the buyer so yeah you are never going to recoup the full amount.
Cope. Even when I take all that into account I still profit like 40k.
post 1671633283 11-23-2022, 11:09 AM
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Originally Posted By Retoaded
Here you go guys since yall like to make fun of zestimates:

https://www.zillow.com/z/zestimate/#acc

The national median error rate for sales price is around 3%. So except in volatile markets, its pretty dang accurate.

Just wishing you rentcels a happy thanksgiving and a reminder that rent is due next week.
And you believe their own research and market data?

This is why America keeps getting duped.
post 1671633293 11-23-2022, 11:09 AM
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Originally Posted By Guyfawkes1010
Cope. Even when I take all that into account I still profit like 40k.
Why are you saying "cope" to me numbnuts I started this thread making fun of rentcels.
post 1671633393 11-23-2022, 11:09 AM
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Originally Posted By Retoaded
I am looking at moving downtown where I live and offloading the 2 houses I own to pay for it but I just can't bring myself to deal with the hassle of selling 2 houses and moving lol.
I don't blame you. I dread moving too. IDK how I own so much **** but I do. They're selling these in my area and super tempted to buy one to get rid of my storage units.

https://xspacegroup.com/austin

Then I struggle with.. buy another property or buy a 'thing' for myself that's not earning me any $. I guess I can always rent it out. It's a premium per sq ft though. Took a tour and it was hnnnggghhh..

Have you lived downtown before and that's what you want to get back to? Or just change of lifestyle?
Originally Posted By Anachron
This.

But some people are better off "waiting for the crash" - for the last 15 years!
That's me right now waiting for the 'car market' to stop being crazy lol
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post 1671633403 11-23-2022, 11:09 AM
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Originally Posted By Kay4Kool
And you believe their own research and market data?

This is why America keeps getting duped.
You think they are making up the sale prices of homes? lol no.
post 1671633603 11-23-2022, 11:12 AM
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Originally Posted By littlemissy
I don't blame you. I dread moving too. IDK how I own so much **** but I do. They're selling these in my area and super tempted to buy one to get rid of my storage units.

https://xspacegroup.com/austin

Then I struggle with.. buy another property or buy a 'thing' for myself that's not earning me any $. I guess I can always rent it out. It's a premium per sq ft though. Took a tour and it was hnnnggghhh..

Have you lived downtown before and that's what you want to get back to? Or just change of lifestyle?
downsize after the divorce and cash out on some properties and move downtown for the change of lifestyle, yes. no kids so I already go downtown all the time and its a drive from where I live in a country club suburb neighborhood.

Yeah I am currently throwing out about a contractor bag worth of junk every weekend to minimalize all the crap I have.
post 1671634993 11-23-2022, 11:34 AM
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Originally Posted By Retoaded
downsize after the divorce and cash out on some properties and move downtown for the change of lifestyle, yes. no kids so I already go downtown all the time and its a drive from where I live in a country club suburb neighborhood.

Yeah I am currently throwing out about a contractor bag worth of junk every weekend to minimalize all the crap I have.
Good luck on your new chapter! I sometimes miss living downtown in a high-rise. My dogs probably don't lol.

If you have anything that's useful that you're too lazy to sell but also don't want to throw away - they have these 'buy nothing - sell nothing groups' where you have randoms come pick up the stuff from you that they could use. That's what I've been doing, I've been getting rid of office furniture and making space in my storage unit. I've even had people pick up half full cans of paint.
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post 1671635813 11-23-2022, 11:49 AM
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rentheroes living mortgage and rent free in the heads of mortgagevillains lmao
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post 1671636843 11-23-2022, 12:06 PM
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Originally Posted By Retoaded
You think they are making up the sale prices of homes? lol no.
No but if you had a basic statistic background you'd know this p-value is doggy



And this is already discarding a bunch of houses they deem they don't have enough info to make a zestimate on and making it easier by providing a range sometimes
post 1671638873 11-23-2022, 12:45 PM
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if it's accurate, i'm up 200k

unfortunately, my property tax went up 50 bucks for this year, so it's a wash
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post 1671643163 11-23-2022, 02:05 PM
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Originally Posted By Anachron
This.

But some people are better off "waiting for the crash" - for the last 15 years!
The choice the government has given you is to be slowly smothered as a rentcel or face a short hop off a long drop as a mortgagecel.

They butcher you either way.
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post 1671646023 11-23-2022, 02:56 PM
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