Have you heard about Zilpy? New site for tracking rents in cities across USA…

A title rep sent me an email today that gave me a head’s up on a new site I’d not seen before called www.Zilpy.com. It looks a heck of a lot like Zillow but with data on rents instead of home values. I’ve been playing around with it a bit and while I can’t figure out exactly yet how they’re getting the data, I’m intrigued. Most likely I’ll make mention of it to some of our investors to get their feedback on it as well and see if they think it’s a worthwhile site.

Check out the function of “heat maps” for rent levels in Washington. More states and cities are covered so it’s not just a Seattle gig. I believe it’s come to life from Silicon Valley.

Zilpy.com

Taking on KING/KONG…

Yesterday I was interviewed by a KING-5 reporter, Kim Holcomb, and which I had written about on my blog at this post.  I had jokingly referred to taking on King Kong but only because the news segment was shown on KING-5 and KONG-6 last night.

King Kong

The news story was about how the market here is changing just a bit to more of a stabilized market.  At the beginning of the report a seller talks about it being a “buyer’s market” but I wouldn’t necessarily agree with him completely.  We’ve still got room to move before that happens and if anything we’re more balanced than the past 5 years.  The segment did run on both KING and KONG stations and, from what my business partner tells me, it is one of the most viewed and forwarded links from the KING-5 website today.  Here is a link the actual news story about the Seattle real estate marketplace along with pieces of my interview.

It seems we’re (Team Reba) getting a lot of press lately.  I was interviewed in July for a story on blogging for the RE/MAX Times back in July (released in September) and just last week I was interviewed for a real estate investment magazine which will be printed in the November/December time frame.  Now, if I could just get the interviewers to pronounce my name correctly…. 🙂