Debunking the "Zestimate" Myth - 07/12/11 11:41 AM
 By Zillow's Own Admission, An Estimate is Only an Estimate

Never being one to shy away from controversy, and always being on the lookout for news and statistics that can actually help a buyer or seller in today's real estate market, I have a bone to pick.  And it's name is Zillow.
I'll make it short and simple.  In Zillow's own words, on a national average, it's "Zestimates" are "Good" - meaning 3 out of 4 - in terms of accuracy - the proximity of a Zestimate to the actual sales price.  In fact, on a national basis, Zillow estimates that … (3 comments)