Hi–As some of you may know I bought a house last summer that I absolutely adore after a year and half of searching. I still have the real estate bug and often look at houses for sale and houses that have recently sold to see how the numbers match up to what I paid for my house (just curious). Zillow is reporting a lot of homes as selling for about a 3rd or even a quarter of its “zestimate” (i.e. an $800,000 brownstoner going for $250K). There were so many that I started to wonder if I missed out on some brownstone fire sale. Then I thought maybe alot of people are refinancing these days b\/c of the good rates and that b\/c refinancings are publicly recorded, Zillow and similar websites may be interpreting that information as a “recent sell”. Is that a reasonable presumption?<\/p>\n","protected":false},"excerpt":{"rendered":"
Hi–As some of you may know I bought a house last summer that I absolutely adore after a year and half of searching. I still have the real estate bug and often look at houses for sale and houses that have recently sold to see how the numbers match up to what I paid for…<\/p>\n","protected":false},"author":49747,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"schneps_byline":"","schneps_post_style":"","schneps_post_source":"","schneps_syndicated_read_more":"","schneps_post_source_sitename":"","schneps_syndicated_thumb_html":"","schneps_syndicated_thumb_src":"","schneps_post_source_shortname":"","schneps_post_source_url":"","schneps_post_source_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[155],"tags":[],"districts":[],"class_list":["post-55160","post","type-post","status-publish","format-standard","hentry","category-research"],"acf":[],"parsely":{"version":"1.1.0","canonical_url":"https:\/\/brownstoner.com\/forum-archive\/2011\/04\/could-low-recor\/","smart_links":{"inbound":0,"outbound":0},"traffic_boost_suggestions_count":0,"meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Could low recorded sale prices be refinancing?","url":"http:\/\/www.brownstoner.com\/forum-archive\/2011\/04\/could-low-recor\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/www.brownstoner.com\/forum-archive\/2011\/04\/could-low-recor\/"},"thumbnailUrl":"","image":{"@type":"ImageObject","url":""},"articleSection":"Research","author":[{"@type":"Person","name":"sobrooklyn"}],"creator":["sobrooklyn"],"publisher":{"@type":"Organization","name":"Forum Archive","logo":""},"keywords":[],"dateCreated":"2011-04-12T15:34:33Z","datePublished":"2011-04-12T15:34:33Z","dateModified":"2011-04-12T16:28:39Z"},"rendered":"