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Showing posts with the label first-time homebuyer Florida

Zillow Zestimates Are Dropping — Here’s What’s REALLY Happening (South Florida Edition)

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If you’ve checked your Zestimate lately and felt that little knot in your stomach… you’re not alone. Across the country — and right here in Pembroke Pines, Miramar, Cooper City, and the rest of Broward County — homeowners are seeing their online values dip, stall, or jump around from week to week. So what’s actually going on? As a full-time realtor since 2004, let me cut through the noise and explain why Zestimates shift , what they mean , and what they DO NOT mean about your home’s true market value. 1. Zestimates Aren’t Market Values - They’re Algorithms Zillow’s Zestimate is a computer-generated guess , pulling from: Public records Tax assessments Historical data Neighborhood averages Previous listings/photos But here’s the problem… Algorithms can’t see your upgrades. They can’t feel the condition of your home. They don’t know you replaced the roof, remodeled the kitchen, or installed impact windows. And in South Florida, condition is everything. 2. ...

Breaking Down Housing Affordability in Florida

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  Spoiler alert: Housing affordability isn’t as simple as the headlines make it sound. Depending on who you ask, the real issue isn’t just home prices, or even the number of homes on the market. It’s about access. It’s about opportunity. And most of all, it’s about what affordable really means for the people trying to buy. So, what does affordability look like here in Florida ? And where do you actually stand a chance of finding the right home at the right price? Let’s break it down. Inventory Crisis or Access Crisis? If you've been following the national conversation, you've probably heard a lot about the "housing shortage." But two of the most well-known names in real estate data—Logan Mohtashami and Ivy Zelman—have different takes on what’s really going on. Ivy Zelman’s Take: The Problem Is Accessibility, Not Just Supply If you haven’t heard of Ivy Zelman before, just know that she predicted the 2008 housing bubble nearly three years before it burst. When it come...