Why are zestimates of homes throughout the Syracuse, NY area dropping hugely?In shopping for a home in Dewitt, NY we find that zestimates are plunging in the entire Syracuse area. Every few days, the house we're looking at drops by another amount -- $3,000 or $2,500 or $6,000. In 30 days, the zestimate is down about $40k from $240k. This seems typical of the area. What's the cause of this?September 05 2009 - Fayetteville00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.