{"id":1045,"date":"2021-02-10T11:16:00","date_gmt":"2021-02-10T19:16:00","guid":{"rendered":"http:\/\/julianalee.com\/blog\/?p=1045"},"modified":"2021-02-10T11:27:56","modified_gmt":"2021-02-10T19:27:56","slug":"zillow-acting-quickly-could-save-them-hundreds","status":"publish","type":"post","link":"https:\/\/julianalee.com\/blog\/zillow-acting-quickly-could-save-them-hundreds\/","title":{"rendered":"Zillow: &#8220;Acting Quickly Could Save Them Hundreds &#8230;&#8221;"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">A Feb 3, 2021 <a href=\"http:\/\/zillow.mediaroom.com\/2021-02-03-Competition-is-Fierce-for-Home-Buyers-But-Acting-Quickly-Could-Save-Them-Hundreds-on-Their-Monthly-Payments\">Zillow Press Release<\/a> begins: &#8220;Competition is Fierce for Home Buyers, But Acting Quickly Could Save Them Hundreds on Their Monthly Payments&#8221;.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The two things which stand out about this press release are that: 1) Zillow has little to gain by urging buyers to buy now and 2) the numbers they provide show the very big impact on home affordability they predict.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Area<\/td><td>Current Rate<br>&amp; Value<\/td><td>3% interest<br>+ 8% Growth<\/td><td>3% interest<br>+ 12% Growth<\/td><td>3.5% interest<br>+ 8% Growth<\/td><td>3.5% interest<br>+ 12% Growth<\/td><\/tr><tr><td>SF<\/td><td>$3,779<\/td><td>$4,253<\/td><td>$4,411<\/td><td>$4,530<\/td><td>$4,698<\/td><\/tr><tr><td>LA<\/td><td>$2,395<\/td><td>$2,695<\/td><td>$2,795<\/td><td>$2,871<\/td><td>$2,977<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Zillow says their experts are forecasting 21.9% more home sales than last year and a price increase of 10.5%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Government policies that are being reviewed right now could have a dramatic effect on the cost of buying a Silicon Valley home.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you are a first-time home buyer be sure to view my <a href=\"\/buying\/rent-vs-buy.htm\">rent vs. buy information<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Feb 3, 2021 Zillow Press Release begins: &#8220;Competition is Fierce for Home Buyers, But Acting Quickly Could Save Them Hundreds on Their Monthly Payments&#8221;. The two things which stand out about this press release are that: 1) Zillow has little to gain by urging buyers to buy now and 2) the numbers they provide [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[27],"tags":[130,46,131],"class_list":["post-1045","post","type-post","status-publish","format-standard","hentry","category-buying-a-home","tag-mortgage-rates","tag-real-estate-market-trends-2","tag-rent-vs-buy"],"jetpack_featured_media_url":"","uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false},"uagb_author_info":{"display_name":"Jeff JulianaLeeTeam","author_link":"https:\/\/julianalee.com\/blog\/author\/webmaster\/"},"uagb_comment_info":0,"uagb_excerpt":"A Feb 3, 2021 Zillow Press Release begins: &#8220;Competition is Fierce for Home Buyers, But Acting Quickly Could Save Them Hundreds on Their Monthly Payments&#8221;. The two things which stand out about this press release are that: 1) Zillow has little to gain by urging buyers to buy now and 2) the numbers they provide&hellip;","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/posts\/1045","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/comments?post=1045"}],"version-history":[{"count":5,"href":"https:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/posts\/1045\/revisions"}],"predecessor-version":[{"id":1052,"href":"https:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/posts\/1045\/revisions\/1052"}],"wp:attachment":[{"href":"https:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/media?parent=1045"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/categories?post=1045"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/tags?post=1045"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}