{"id":1018,"date":"2007-02-08T14:08:55","date_gmt":"2007-02-08T21:08:55","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=1018"},"modified":"2007-04-01T09:09:53","modified_gmt":"2007-04-01T16:09:53","slug":"lucky-or-consistently-bad-2","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1018\/lucky-or-consistently-bad-2\/","title":{"rendered":"Lucky or Consistent(ly Bad)?"},"content":{"rendered":"

And if Redfin’s trip to SoCal wasn’t enough of a distraction today, Zillow<\/a> issued their Quarterly Home Value reports for 2006. Alas, so much “material” and so little time.<\/p>\n

You can see their “Zindex’s” for 75 metro area both on their website and at their blog<\/a>. I begin by stating the obvious; their median “home values” are based on their own Zestimates, which agents largely agree are (sometimes significantly) flawed. Like a bad wreck, I had to look however.<\/p>\n

Surprisingly, Zillow’s quarter-over-quarter and year-over-year numbers for San Diego and its various neighborhoods are not far off compared to recorded sale price changes. I guess when you are talking averages, you can be consistently bad or consistently good, so long as you are consistent.<\/p>\n

Edited to add a thank you to Amanda Hoffman at Zillow for sending me the links to the info this morning. They have put together a staggering amount of statistical data which I admittedly haven’t had time to give more than a cursory glance yet.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

And if Redfin’s trip to SoCal wasn’t enough of a distraction today, Zillow issued their Quarterly Home Value reports for 2006. Alas, so much “material” and so little time. You can see their “Zindex’s” for 75 metro area both on their website and at their blog. I begin by stating the obvious; their median “home […]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[6,5,25],"tags":[],"class_list":{"0":"post-1018","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-marketing","7":"category-real-estate","8":"category-zillowcom","10":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":2664,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2664\/zillowcom-announces-its-sponsorship-of-bloodhoundblog-unchained\/","url_meta":{"origin":1018,"position":0},"title":"Zillow.com announces its sponsorship of BloodhoundBlog Unchained","author":"Greg Swann","date":"February 26, 2008","format":false,"excerpt":"BloodhoundBlog has grown up with Zillow.com. We're consistently second or third on a Google search for Zillow.com, and Debunking Zillow.com is one percent or more of our traffic every day. On the other hand, we've also been big boosters of the tools Zillow has built to help sellers, buyers and\u2026","rel":"","context":"In "Blogging"","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16252,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/16252\/are-zillow-and-trulia-thrashing-savagely-in-a-blood-red-ocean-heres-a-clue-both-of-them-are-jumping-the-shark\/","url_meta":{"origin":1018,"position":1},"title":"Are Zillow and Trulia thrashing savagely in a blood-red ocean? Here’s a clue: Both of them are jumping the shark.","author":"Greg Swann","date":"December 7, 2012","format":false,"excerpt":"Is the business model of all the Realty.bots daft?It is Citron's primary thesis that Zillow is a Web 1.0 business presenting itself as a Web 2.0 investment. The entire premise of Web 2.0 is that smart managing and publication of information interactively to users can scale tremendously, while costs remain\u2026","rel":"","context":"In "Fun With Vendorsluts"","block_context":{"text":"Fun With Vendorsluts","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/fun-with-vendorsluts\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18119,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18119\/overnight-news-if-zillow-can-lose-30000-per-investment-in-the-hottest-sellers-market-ever-how-much-can-it-squander-once-the-market-turns\/","url_meta":{"origin":1018,"position":2},"title":"Overnight News: If Zillow can lose $30,000 per \u201cinvestment\u201d in the hottest seller\u2019s market ever, how much can it squander once the market\u00a0turns?","author":"Greg Swann","date":"May 7, 2021","format":false,"excerpt":"Zillow's first-quarter results are out, and the message is plainly obvious: Milk the idiots, but don't be the idiot. They won't learn. The only successful \"disruption\" in proptech, so far at least, belongs to Zillow: They replaced supermarket real estate magazines with the Zestimate\u2122. The difference is, the sleazoids who\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2719,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2719\/zillow-nation-zeelocation\/","url_meta":{"origin":1018,"position":3},"title":"Zillow Nation? Zeelocation?","author":"Mike Farmer","date":"March 7, 2008","format":false,"excerpt":"As I wrote about just a couple of weeks ago, Zillow and other online players have an opportunity to do\u00a0something incredibly different as the national\/local problem begs to be resolved. With the new Zillow announcement regarding mortgage connections, the network gets closer to realization of true partnerships. I believe, and\u2026","rel":"","context":"In "Disintermediation"","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14552,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/14552\/brett-arends-from-the-wall-street-journal-on-zillows-morning-gloom-report-all-this-bearish-news-makes-me-bullish\/","url_meta":{"origin":1018,"position":4},"title":"Brett Arends from the Wall Street Journal on Zillow’s morning gloom report: “All this bearish news makes me bullish.”","author":"Greg Swann","date":"May 9, 2011","format":false,"excerpt":"Our friends at Zillow.com have figured out the secret to getting news coverage: Bad news:Home values in the United States fell faster in the first quarter of 2011 than they have in any quarter since 2008, when the housing market experienced its worst performance, according to Zillow's first quarter Real\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18128,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18128\/overnight-news-the-secret-to-zillows-flavor-of-ibuying-sucking-at-real-estate-helps-them-sucker-real-estate-agents-which-is-where-the-real-money-is\/","url_meta":{"origin":1018,"position":5},"title":"Overnight News: The secret to Zillow\u2019s flavor of iBuying? 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The losses on iBuyer \"investments\" can be stupefying from the point of view of any\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/1018","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=1018"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/1018\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=1018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=1018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=1018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}