iPhone app maps nearby home values based on user’s location

SEATTLE - April 30, 2009 - A new iPhone application will allow users to stand in front of a house and see a local map that includes homes' details and Zillow.com estimates of each home's estimated value. Thanks to GPS technology, the map will follow the user as he drives or walks.

The Zillow iPhone App allows iPhone users to view the company's 88 million U.S. homes. Zillow offers an estimated value for 95 percent of the homes in the U.S., though the company calls them "Zestimates," perhaps because the accuracy of a specific home's value cannot be considered valid without a more thorough comparative market analysis.

Zillow says the application will include details, photos and contact info for 3.4 million for-sale listings - for sale by agent and also for sale by owner listings. Users can also download data on recently sold homes. Zillow has also added "Make Me Move" listings, which potential sellers can use if they're willing to move but only if the price is right - and generally higher than comparable market prices.

In addition to using the app when traveling neighborhoods, iPhone users can also search for homes by address, neighborhood, ZIP code or city, even if they're not nearby. The Zillow iPhone App is free to download, and now available for both the iPhone and iPod touch in Apple's App Store starting today.

To see a demonstration of the iPhone App, go to: http://www.zillow.com/iphone

© 2009 FLORIDA ASSOCIATION OF REALTORS®