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HI,According to the news-homes prices have improved by 6.3% in the last quarter so?

According to the news tonight on Dec. 4th-2012. The home prices have increased by 6.3 % So I think my home Zestimate that you have lowered lately should be raised according to the latest info....
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December 04 2012 - West Dundee
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Not sure about w dundee, but the market clearly has started to change in ALL of Chicago in 2012. However, each property is different so you cannot generalize and the zillow estimates are just that......estimates and often based on outdated and incomplete dataso they are often off base.
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December 05 2012
From what I saw in the report the Illinois prices continued to drop (-2.7%).  Do in part at least to the anti business environment (ie high taxes, fees = less jobs) in Illinois.  Current Illinois legislators seem to think votes are more important than jobs. http://www.corelogic.com/about-us/news/corelogic-home-price-index-marks-eighth-consecutive-month-of-year-over-year-gains.aspx
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December 05 2012
Zillow uses a different equation for calculating home value. If you are looking for true value try getting a Realtor give you a CMA. That is the best way to see the value in your home.
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December 04 2012
 
Related Questions
HI,According to the news-homes prices have improved by 6.3% in the last quarter so?
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Latest answer by Philip Sencer
December 05 2012 | 3 answers
  • Asked by wearethebest
  • In Pricing
  • December 04 2012
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