Chic vs. Geek: To Zillow or not to Zillow?

That is the question, and we hear it a lot from new clients. Should buyers and sellers rely on home values posted on websites like Zillow or Redfin? Let’s talk about it…

CHIC (PEARL)

If you’re looking to determine a home’s true value, Zillow and Redfin are a good starting point, but you shouldn’t rely on them to reflect the nuances of the home, neighborhood, market conditions, and seller’s expectations. It’s important to talk to an experienced agent or appraiser in order to figure out what’s realistic for your situation. A good agent can also give you an idea of how long it will take to sell based on recent activity in your area. It can be hard to know what you’re getting into, especially when you’re just getting started. Many people think they can handle the process on their own, and that may be true. But more often than not, they find themselves contacting an agent!

GEEK (KEVIN)

Zillow’s estimates are based on a combination of publicly-available data and proprietary algorithms. The public data includes information from local governments, tax assessors, county records, and other sources. The algorithm that determines these home values isn’t designed to take into account the many ground level factors at play on a property. As a result, you may find that it overestimates or underestimates the value of homes in your neighborhood. If you want to get a good deal, an algorithm won’t help. You have to talk to a human to get an idea of a target price and what to expect from the market. And a good agent can help you translate all the technical jargon!

What are friends for?

The United Nations designated July 30 as the International Day of Friendship in order to promote and encourage peace, happiness, and unity. We hope you’ll use this opportunity to thank the close friends who make your lives better every day.

Geek's Number Talk: Foreign National Homebuyers

It’s hard enough remaining competitive in the housing market when inventory is down and interest rates are up. It gets even harder when many homes are purchased by foreign nationals and businesses. Typically, these homes sit vacant, taking up space while their owners wait for a chance to flip for a profit.

Chic vs. Geek: Summertime Health

Last Friday, we told you that the Dog Days of Summer were getting underway. Looking to beat the heat while improving your mindset, habits, and routines? Below are a few building blocks to get you started toward your wellness goals.

CHIC (PEARL)

We all start our wellness journeys somewhere, and the best place to begin is centering yourself. These days, finding your zen could be as easy as opening an app. Check out some of our favorite freebies like Headspace, Calm, and Aura — or just try some simple.breathing techniques to get yourself into a meditative state. Want some tips? Send me an email today.

GEEK (KEVIN)

Meditation can help to clear your head, but it takes more than deep thoughts to improve the health of your temple — your body. Don’t have a home gym? No problem! You can build a low-cost personal space for improving your strength and fitness. Grab some yoga mats, jump rope, resistance bands, dumbbells, and more to create a gym environment.

Compass has partnered with GAIAM and SPRI in an effort to bring a healthy summer straight to your home! Whether you're looking for new weights or a new outfit, we've got you covered.

Market Update - Willow Glen

Willow Glen is known for tree-lined residential streets, shopping along bustling Lincoln Avenue, great schools, and friendly neighbors. Casual dining options include family-friendly restaurants, bakeries and pizzerias, and the neighborhood frequently holds downtown festivals, including art and wine walk events.

The Geek already did his Number Talk for this week, but we want to share some recent stats from local listings (see below). As in many Bay Area neighborhoods, homes are staying on the market in Willow Glen a little longer these days, and there are more homes up for sale.

If you’re on a budget of about $2M, and looking for a decent size home in the San José area, this gem of a neighborhood might be the perfect fit at the right time. Check our Properties page for a look at some listings.