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Silver Contributor
bld999
Posts: 469
Registered: ‎04-15-2011

How Deep is the Water in Your Neighborhood?

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Regular Contributor
hibiscus
Posts: 120
Registered: ‎09-20-2012

Re: How Deep is the Water in Your Neighborhood?

Fascinating, and helps explain why some of us are bullish and other bearish about the r.e. market.

Redfin Open Book Member
ElleSeattle
Posts: 118
Registered: ‎01-10-2012
0

Re: How Deep is the Water in Your Neighborhood?

Looking super shallow in my neighborhood!  (Upper Ballard)

Regular Visitor
sd455
Posts: 7
Registered: ‎06-23-2013
0

Re: How Deep is the Water in Your Neighborhood?

Seattle area is bad but check out Fife and Tacoma (over 50%).  Most areas are at 30% and up according to this map.  Makes one wonder why anyone is buying if there is going to be an explosion of more foreclosures shortly.  Of course, the accuracy of the data can be questioned.

Contributor
nathanboyle
Posts: 12
Registered: ‎06-24-2013
0

Re: How Deep is the Water in Your Neighborhood?

This is a good tool to compare area by area to see the difference, but I wouldn’t rely on its accuracy. Its Zillow’s estimates after all, their numbers varies from actual value too much to be trusted.