Texas Real Estate Market Values up over 50% in the last year! Really?

Yep, Texas market values have risen over 50% in the last year.  In fact, they dropped slightly up until about the last month where they rose almost 60%.  Well, at least that’s what Zillow is telling me.  Take a look at their market value graph I saw this morning.

According to Zillow, Texas market values are up drastically.

This just goes to show you that Zillow’s estimates aren’t all that accurate.  So please be sure to check with your local Realtor to get an accurate assessment of your property or any other.

The Real Estate Rollercoaster

I ran across this today. It is a fun way to see how real estate prices have changed over the years. It is a rollercoaster ride where the track is based on a graph of real estate prices for over 100 years.

Seen at Consumerist

Why real estate is a good investment

Ever wondered why so many millionaires invest in real estate. Maybe its because home prices have risen each and every single year for the past 39 years.