Zillow Exposes Mainstream Media On Home Prices

Zillow Exposes Mainstream Media On Home Prices. Zillow serves up the data that exposes the poor reporting of the mainstream media on Zillow home prices and that conditions are not what they seem. Zillow home report - This is a Zillow real estate report you must see, loaded with zillow charts from zillow data. Zillow housing market report / Zillow housing update #Zillow #ZillowHomePrices

00:00 Introduction
01:03 Graph: Zillow Homes Sold Estimate
01:51 Graph: 30-Year Fixed-Rate Mortgage History
03:00 Graph: Zillow Active Listings Report
04:04 Housing Market Reports
04:49 Graph: Number Homes Sold By Month & Year
05:39 Graph: New Listings By Month & Year
06:19 Graph: Zillow Median List And Sales Price
07:41 Graph: Zillow Home Value Index
08:58 Graph Year-Over-Year Home Price Change
09:51 Graph Month-Over-Month Home Price Change
10:46 Graph: Zillow Observed Market Rent
12:23 Waiting For Home Prices To Fall?
14:31 My Greatest Concern For Housing

[jamesmarzolf]

This may take longer to balance the housing market but it will happen. Housing is a large variable to inflation and the FED will keep raising rates till they get what they need. When 9% to 10% rates start we will revisit these numbers. It's like the stock market as interest rate go up we will not see a new high. History shows this to be true. This will slow down housing and prices will drop as more and more buyers disappear we will see a correction in all financial dealings. At 2% mortgages had affordability for almost everyone that had a job. At 10% it just vanished. Just my observations from seeing this in the 70s and 80s when the world stopped and nobody lived on their credit cards.

[grownupgaming]

I dont really put any faith in zestimates. Yes they are fast, but try using redfins 4week moving average on median sales price of all major metros. peaked in june 392K, now at 367K. plenty of new homes will come on in the next six months (i can provide sources if you need). This leads me to believe prices will further continue to drop to around 350K (again using redfins standard) by end of this year as 7% hasnt been reflected in median sales price yet. Just wait a month or two for it. Also Check out: "Case-Shiller: National House Price Index "Continued to Decelerate" to 13.0% year-over-year increase in August" By bill Mcbride, nice article.

[TheZeedler]

Joe, I'm on my way to Birmingham, AL to buy some more multifamily. The quad I bought in Tallahassee has done INCREDIBLE. I got extremely lucky considering the timing of the purchase. I think we still have several years of explosive growth in real estate prices in coming years. I'm exited for the eventual decrease in interest rates and the flood of buyers that will bring into future markets. I see a future where I buy now with high interest rates and refinance with a much lower interest rate in 2-4 years after prices have skyrocketed and I can take some extra money out at decent interest rates. I think this strategy will enable me to build a sizable portfolio pretty quickly. Thanks so much for these great videos! It's so good to hear someone who really understands this stuff and can help me affirm my confidence in the immediate future of my real estate investments.

[thenewwayhome]

Fantastic data report and breakdown, Joe! Great work!

[Ozzie]

Thanks for the video. Been looking at other comments. Are there any data sources to get actual sold home values in specific zip codes for free? Zillow provides, but only based on zestimates which I do not fully trust.

[thenoticer]

"You will own nothing and be happy."

[benwaw]

This is a great video. Super informative. Question: besides Zillow data, what are some of your other favorite data resources for the US housing market?

[straightdrive]

Your analysis and predictions don’t hold true in few months time, things are changing, 2022 is not same as 2006 or 1980s even if you take into same factors . Situation is different . Everyone has information that spreads fast, people can buy / sell from their bathrooms. A crash won’t take time, it could be much faster plummeting in case there is one .