If you are looking in a cookie cutter addition where every house is basically the same and all of the houses are within a few years of each other finding the market value is simple you just look at what identical properties have sold for over the past 12-24 months.Moving out of the predictable additions makes the process a little more difficult however if you are looking in areas where a majority of the the homes are being bought by owner occupants the process is still relatively simple.  

BTW, I grew up in SCV and played football for Saugus.

It's like the people who claim to predict the stock market.

Albert Einstein How would there be a real estate cycle if we didn't predictably move back and forth between fear and greed?

Check out this Thread on predicting the date of the 1,000,000th post

-If the housing market picks up at the rate its been going, maybe its wise to ride it out for another year.. zillow is predicting a 10% increase this year (I'm aware that's just a prediction)Thoughts?

I predict great success is your future.

Anyone that tells you they can predict them is either a liar, a fool, or both.

The other houses on the street don't go in a predictable sequence.

Unfortunately, they are overpriced and will probably not sell resulting in the owners renting them again.I have owned the house for 7 years.It's hard to predict mother nature, but this area seems to get hit by a major tornado every 10-15 years.