According to Zillow's Real Estate Market Reports for september, released today, Shelton home values were up 0.3% compared to August and down 13.2% compared to September 2008. Here is the home value curve.
http://www.zillow.com/local-info/WA-Shelton-home-value/r_50027/?scid=emm-2007143Q309ReProCity-bab
Below is the link to Zillow's newly released Q3 Homeowner confidence survey nationwide:
http://www.zillow.com/blog/homeowner-confidence-out-of-whack-but-can-you-blame-them/2009/11/17/?scid=emm-2007143Q309ReProCity-survey
While it's debatable how accurate Zillow's home value model for Shelton is, I think Zillow is still one of the valuable real estate sources out there. This upside down "V" curve home value trend for Shelton suggests that Shelton home values have stablized since mid of 2009 and are slowly and surely on it's way up. Zillow's Q3 Homeowner Confidence Survey also echoes that optimistic view. That's two bits of good news going into the winter holiday season.
Thursday, November 19, 2009
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