Media Company Data Reveals Stabilizing Real Estate Market

by in News, Real Estate - · 6 Comments  

Trulia, Zillow data shows promise:

Kris Berg as Marker Man Media Company Data Reveals Stabilizing Real Estate MarketMedia companies Trulia and Zillow release data this week that shows promise of a stabilizing real estate market. According to Trulia, fewer home sellers were slicing pricing this month with 22% of homes at a discount compared to 25.6% in November (based on homes listed on the Trulia.com website).

Zillow says home value losses are stabilizing, with one in three cities seeing gains in 2009. Zillow data shows losses are recovering the best in Rochester, NY while value losses are suffering the worst in Phoenix, AZ.

What is it like in YOUR market? Are values stabilizing and price slicing decreasing or is it a different story in your homefront?

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Fred Romano

Does anyone REALLY know what's going on? It's so up and down week by week.

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Benn Rosales

So media companies can say things are getting better but Yun can't? I don't get it. :)

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Jim Duncan

What I wouldn't give to get this data localized to my market ... as it is, all it does is represent overall consumer sentiment, which can be misleading at best and deceptive at worst. :) I can't figure out my market, as we don't have enough data - mortgage defaults, planned defaults, foreclosures, shadow inventory - to make a sufficiently educated guess.

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Fred Romano

Does anyone REALLY know what's going on? It's so up and down week by week.

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Benn Rosales

So media companies can say things are getting better but Yun can't? I don't get it. :)

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Jim Duncan

What I wouldn't give to get this data localized to my market ... as it is, all it does is represent overall consumer sentiment, which can be misleading at best and deceptive at worst. :)

I can't figure out my market, as we don't have enough data - mortgage defaults, planned defaults, foreclosures, shadow inventory - to make a sufficiently educated guess.

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Social Reactions
  1. Real Estate Feeds says:
    December 10, 2009 at 5:34 am

    Media Company Data Reveals Stabilizing Real Estate Market: Trulia, Zillow data shows promise:
    Media companies Truli… http://bit.ly/8iaaKh

  2. PopREblogs.com says:
    December 10, 2009 at 5:34 am

    Media Company Data Reveals Stabilizing Real Estate Market: Trulia, Zillow data shows promise:
    Media companies Truli… http://bit.ly/8iaaKh

  3. realdiggity says:
    December 10, 2009 at 9:45 am

    Media Company Data Reveals Stabilizing Real Estate Market: comments http://bit.ly/6zfk1t

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