News Detail

5 Things We Learned About Real Estate This Week

Now that this frenetic preholiday week is nearly over (yay!), we figured it’s a good time to look back and ponder: What did we learn about real estate over the past seven days? Well, some crazy stuff.

Check out the highlights below, and the nuggets of wisdom can we ponder this the weekend.

Lesson No. 1: Christmas lights can bring down planes

Holiday decor has gone high-tech this year, with homeowners making use of moving laser beams instead of the old strings of icicle lights. Yet according to the Federal Aviation Administration and the FBI, these lasers are so bright, they’re being seen by pilots in the cockpits of planes high up in the air—and can be dangerously disorienting. No one’s telling homeowners to ditch them, though; just not to point them skyward.

Lesson No. 2: Turning 3 bedrooms into 10 isn’t a great idea—or is it?

With real estate anywhere near New York City so steep, two renters in Queens—Burak Firik and Dogan Kimilli—carved up their three-bedroom into a 10-bedroom, then rented out these mini rooms for $35 a night on Airbnb, according to Fox News. Of course, their landlord flipped out once he heard and is now trying to get them evicted for renovating and subletting without permission. The tenants, on the other hand, are digging in their heels.

“We know the laws very well, you’ll not be able to evict us ever,” one texted the landlord.

Lesson No. 3: Video is the hot new way celebs sell homes

“Real Housewives of Beverly Hills” couple Kyle Richards and Mauricio Umansky became the latest celebs (following Michael Jordan, Melanie Griffith, and others) to produce a slick video to sell their $45 million home in Holmby Hills, CA. And we must say, watching this couple make themselves at home in this 20,782-square-foot, eight-bedroom, 11-bath megamansion has us salivating.

Lesson No. 4: Never accept a mortgage ‘refund’ over the phone

Rosie Earhart in Pharr, TX, is on a mission to warn homeowners of a scam: According to, she received a phone call from someone claiming he was from her mortgage company Ocwen, and that she was owed a refund—that is, if she could access a computer. He knew many details of her account, and Earhart almost fell for it—but a call to Ocwen revealed the con.

So if you’re offered a mortgage “refund” that sounds fishy, call the company yourself just to make sure. Because as much as we wish it were otherwise, most people paymortgages, rather than the other way around. 

Lesson No. 5: The housing bubble’s just like Jenga

Ever wonder how America’s housing bubble burst back in 2006? Well, it’s as simple as watching this video clip using Jenga pieces from  “The Big Short.” Out in theaters on Friday, this film (based on the rigorously researched book by Michael Lewis) follows four guys (played by Christian Bale, Steve Carell, Ryan Gosling, and Brad Pitt) who foresee the housing meltdown before anyone else. Hopefully, this movie will remind us not to let a similar collapse happen again.

Go Back

Who We Are

Welcome to Zillastate. Funny name, Friendly folks, First Class Residential & Commercial Real Estate Service.

View more

Why Choose Us

Real estate market, investment strategies, and development.

We are with you all the way, helping guide you through the process.

ZillaState's team will provide you with exceptional service in all your transaction.

Buying your first home can be somewhat intimidating; we are there with you every step of the way.

ZillaState prides itself in tailoring our approach to fit your needs.


I used Zillastate to purchase my first ever home. I'll admit, I was a little nervous and overwhelmed by the whole process. Jed and the Zillastate team turned this "overwhelming ordeal" into an incredibly smooth and seamless process for me. They took the time explain each and every detail so I was looped in and knew what to expect. They listened to my wants and needs and got me the home I wanted at the price I needed. I can now say that it was truly a great experience for me from start to finish. As of a few months ago, I've now used Zillastate to purchase my second home! I guess that speaks to how highly I think of this team.

- 2015 Client, Buyer