Zillow’s idiotic projections and “market based” (their market on their business plan to hoodwink run of the mill property owners and pie in the sky sellers therein) projections are just that, projections which always involve magnification to higher numbers predicated, regardless of the reality of there being no true cash other than from the large “brokers” who are buying up and accumulating.
Thus the market, does not exist and this “report” is a fabrication of all of their sorry assumptions. To keep things churning of course, like the notion of “affordable homes” with no money down and no closing costs (which are still around which pays the buyer at closing with someone elses money- can you say the continuing Equity Swap digital disaster. It has not stopped. Margin Call, gentlemen).
Zillow and other real estate sites put out rankings of the “best places to live”. A lot of them are in the snow belt.
No thanks.