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davis_square2008-12-07 10:42 pm
nvidia99999.livejournal.com) wrote in davis_square2008-12-07 10:42 pm
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Property values in Davis Sq (and Somerville)
I just saw in the Somerville News an estimate saying that property values in Somerville declined 2% this year:
http://www.thesomervillenews.com/main.asp?SectionID=2&SubSectionID=2&ArticleID=218. Somebody mentioned that Zillow actually reports a loss of about 8%. This is confusing. The Editor of the Somerville News pointed out that Zillow does not have accurate estimates. In my experience, Zillow is pretty on the mark when it comes to sale prices, they seem to be doing lots of good stats on their datasets. Any idea on how to gather additional information on this? I doubt one can trust the Somerville News, given that it was created by the owners of ERA, one of the Somerville Real Estate agencies (clearly, they would not want to advertise that property values are going down around here).
One funny tidbit. Have you received a pack of coupon last week? I received one, and one of the coupons was an ad for ERA, the Norton Group. It says: "Voted #1 Real Estate Company 2000 to 2007 By the readers of the Somerville News"! Now, when many of the readers are ERA employees or relatives of ERA employees, that is a bit of a conflict of interest, isn't it? :)
http://www.thesomervillenews.com/main.asp?SectionID=2&SubSectionID=2&ArticleID=218. Somebody mentioned that Zillow actually reports a loss of about 8%. This is confusing. The Editor of the Somerville News pointed out that Zillow does not have accurate estimates. In my experience, Zillow is pretty on the mark when it comes to sale prices, they seem to be doing lots of good stats on their datasets. Any idea on how to gather additional information on this? I doubt one can trust the Somerville News, given that it was created by the owners of ERA, one of the Somerville Real Estate agencies (clearly, they would not want to advertise that property values are going down around here).
One funny tidbit. Have you received a pack of coupon last week? I received one, and one of the coupons was an ad for ERA, the Norton Group. It says: "Voted #1 Real Estate Company 2000 to 2007 By the readers of the Somerville News"! Now, when many of the readers are ERA employees or relatives of ERA employees, that is a bit of a conflict of interest, isn't it? :)
Re: wow what a misinformed person
As do we all, now.
Re: wow what a misinformed person
Re: wow what a misinformed person
one of the problems that i have had over the years is not taking certain things so personal. that being said, i do tend to let a lot of things go (you wouldn't believe the threats, insults and whatnot you get when you are running a newspaper and an elected official); however, on the rare occasion that i am having a spectacularly terrible day (like when i snapped at ron a while back) or i am sick and its 315am and i have been up all night being sick (well you get the picture), then yes, even the strongest willed people will have a lapse in judgement.
if i didn't apologize to nvidia99999 for the verbal assault, then i do so now.
thanks to everyone for helping me snap out of that nastiness (now can anyone help me feel less sickly please???)
Re: wow what a misinformed person
It's not good for you, for the people you insult, or for your newspaper. Please try not to keep doing this.