Inaccurate Zillow ‘Zestimates’ a source of conflict over home prices

By Ken Harney Excerpts: Zillow CEO Spencer Rascoff…says Zestimates are “a good starting point” but that nationwide Zestimates have a “median error rate” of about 8%. Shoppers, sellers and buyers routinely quote Zestimates to realty agents – and to one another – as gauges of market value. If a house for sale has a Zestimate […]

January Real Estate and Housing Update for Silicon Valley

Here is a great article with charts and graphs for housing trends in Silicon Valley: San Mateo, Santa Clara, Santa Cruz, Monterey, and San Benito counties. It goes into housing supply and median values for both single family residences and condos/townhomes. Click here to see article.

Market Update – Santa Cruz County – November 2014

Single Family Residential Report The median value for single-family homes in Santa Cruz County took a slight dip from last month, but is still above the November 2013 median value.  The following is a snap shot of recent market statistics covering the single family housing market in Santa Cruz County.  The analysis presents a broad-brush […]

Market Update – Santa Cruz County – October 2014

Single Family Residential Report Values for single-family homes in Santa Cruz County continue to rise, but the number of active and pendings reached a four-year high last month.  The following is a snap shot of recent market statistics covering the single family housing market in Santa Cruz County.  The analysis presents a broad-brush overview of market […]

Residential Market Update for Salinas

Here is Pacific Appraisers Real Estate Market Update for the Salinas residential market: 19 active listings under $250k 121 active listings between $250k- $500K 47 active listings between $500-$750K 20 active listings between $750k-$1,000,000 16 active listings over $1 million The Salinas market is very active in the $250,000 to $500,000 range. The number of […]