Thread: Say Bye Bye
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Joeaksa Joeaksa is offline
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Join Date: Jun 2000
Location: N. Phoenix AZ USA
Posts: 28,977
Quote:
Originally Posted by jyl View Post
OK, a WAG (Wild-Ass Guess), I can see.

What I didn't see, was how you could track the value as precisely as your original post seemed to imply.
No, a SWAG, scientific wild ass guess. I am not just guessing but keeping an eye on all the data I can get as well as the houses being sold in the area AND the local builders who are now building new houses in my area. Builders usually do not build new houses (especially after the past couple of years) unless they are seeing some positive movement in that area.

Between the comps of the houses sold around me, the info from my realtor friends and Zillow, you can get close, and its not a guess. As well one of my friends flies one of the largest builders in this area, so we hear more than the average bear might on this subject.
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Old 07-12-2008, 12:49 PM
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