The life and times of an Arizona Investor

This will be my personal journal to document my failures and successes during my real estate experiences in Arizona. All stories, thoughts, and successes will be documented..

Wednesday, August 16, 2006

mind2money.com LINK TO MY NEW SITE!

All,

I'm officially leaving blogger forever! I've gone over to a hosting site where I am launching "mind2money.com". I decided to take a different turn in blogging and will be providing more of an education site.

www.mind2money.com

I will be providing :

I'm excited, please stop by and excuse some of the bugs until I get things rollin!

|| Bginvestor, 6:43 PM || link || (4) comments |

Saturday, August 05, 2006

New Comments about Zillow.com

If you've been in real estate for awhile, I'm sure you've heard of www.zillow.com.

I critically analyzed this site again for several hours and am happy to report that www.Zillow.com is getting much better in predicting real estate comps.

Early this year, I checked this site and it was apparent that their algorithms were not accurate in Pima county (Tucson). The root cause for their errors may have been coming from the projection of values based on super high appreciation rates. Last year, Tucson appreciated over 20%.

The values have come down approximately 40% in the last 6 months and am very surprised that values are spot on for all of my properties. Of course real estate did not come down 40% , but its probably zillow's best way to correct the graphs. For some properties, I needed to update the proper square footage because the values in the assessor's records are not accurate.

This site is good because you can find comps that sold only a month ago. Thats fabulous, last year, I paid www.dataquick.com several dollars for one search for the same service.

Good investing,

Bginvestor
|| Bginvestor, 9:18 PM || link || (9) comments |
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