GeekWire Radio: Home prices, real estate and big data with Zillow’s Stan Humphries
This week on the GeekWire radio present, we’re diving into considered one of our favourite subjects — actual property, dwelling costs and the intersection of massive information and know-how. Our visitor within the studio is Stan Humphries, the chief economist at on-line actual property firm Zillow and the unique creator of the Zestimate, the corporate’s algorithm for estimating dwelling costs across the nation.
In truth, our first subject is the Zestimate, as John and I quiz Humphries on the elements of the algorithm and the accuracy of the ensuing Zestimate, utilizing the fluctuations within the worth of our personal properties as examples for what has been occurring in the true property market. We additionally discuss what folks can do in the event that they really feel the Zestimate is out of whack for his or her dwelling.
In a while within the present, we discover the state of the housing market within the Seattle area and nationally, together with the impact of a relative lack of housing stock available on the market, and the inflow of know-how employees in Seattle and the San Francisco space.
We additionally talk about the locations the place Humphries would purchase a house as an investor, the brand new Zillow Housing Confidence Index, and lots of different subjects.
On this prolonged podcast model of the present, we preserve Humphries round for an additional section to dive even deeper into these subjects. Pay attention on this audio participant or through this MP3 file.
The dialogue with Humphries begins on the 7:45 mark, after our weekly information roundup.
Matters this week embrace Amazon’s determination to lift the value of Amazon Prime to $99, and my conspiracy idea about Amazon’s newly introduced distribution heart in Kent, Wash., south of Seattle. We additionally discuss briefly a couple of plan by Starbucks to let folks order espresso from their telephones, skipping the strains inside Starbucks shops.
App of the Week: Sq. Money for iPhone and Android.
Identify that Tech Tune: Right here is that this week’s tune. Take heed to the total present for extra clues.
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