Reported on inman.com: on Feb 29, 2016 Zillow CEO Spencer Rascoff sold his home in Seattle for $1.05M. When viewed on Zillow the next day the Zestimate gave it a value of $1.75M. As of today, May 26, 2016 the Zestimate has dropped to $1,568,109. Maybe $700,000 is chump change for him. Maybe he was […]
Zillow CEO Spencer Rascoff Doesn’t Believe the Zestimate! Read More »
Many people worry that locally, the real estate is going through another “bubble” of high prices that won’t continue. A simplified view of the economic downturn in 2008 is that it was the result of: a government policy which tried to expand home ownership to people who could not otherwise afford to own a home, and
Is 2013 A Real Estate Bubble? Read More »
Main stream financial news is reporting large numbers of investors taking income gains this year to avoid the likely higher taxes next year. Stocks with high dividends are less popular because of the higher taxes dividends will be subject to. http://finance.yahoo.com/news/investors-rush-beat-threat-higher-015536775.html Appreciation on real estate is not taxed until it is sold. Generally there are
Tax Changes Could Push House Prices Higher Read More »
