What not to use online home value estimates for – Inman News

Monitoring online home value estimates is a fixation of many a Web-savvy real estate consumer. It can be more than a little addictive to watch the value of your own home, the homes in the areas you'd like to live, and even, some say, your friends' and relatives' addresses move up and down with the market. I strongly believe that these estimates can be useful, if you understand how they are determined, how they can be skewed, and what they should and should not be used for...read more...