Zillow Lowers Forecasts – beragampengetahuan – Beragampengetahuan

Zillow has every reason to be the nation’s real estate cheerleader since they derive the bulk of their income from realtors. They had been predicting 3% to 6% appreciation locally this year….at least up until two weeks ago.

Something has changed:

Carlsbad NW – 92008

Carlsbad NE – 92010

Carmel Valley – 92130

Encinitas – 92024

Carmel Valley out in front with a +2% over the next year? Yikes!

It means they think that everywhere else will be flat, at best.

I’ll post the other areas when received.