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Apr 12, 2001
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Zillow, the popular real estate information and valuation site, has released a dedicated iPhone application, Zillow Real Estate [App Store, Free]. Zillow's database covers 88 million U.S homes (95% of homes in the country) and provides home details, transaction histories, and estimated home values known as "Zestimates."

In addition, Zillow provides for-sale home listings with details, photos and contact info, currently listing approximately 3.4 million available homes. Zillow's "Make Me Move" feature allows owners to select a price at which they would consider selling their house without having to formally list the property for sale.

Zillow Real Estate takes advantage of the iPhone's GPS capabilities to display homes near the user's location, following the user as they move. A search feature is also available to locate homes by address, neighborhood, ZIP code, or city.

- GPS technology follows you - no need to enter an address
- See Zestimates, homes for sale, recently sold, and Make Me Move homes all on one screen.
- Perfect research companion for buyers or real estate junkies.
- Drive by your "dream homes" and see what they're worth.
- Or, custom search homes by address, neighborhood, or ZIP.

A video preview of Zillow Real Estate is also available.

Article Link: 'Zillow Real Estate' Released for iPhone
 
Not available in UK:eek:
I don't see reason why it s not in UK store. That would be nice addition to see on the fly and compare what you could get for the same money in US. I guess I could get some nice villa in LA for my apartment here in UK:D
Crazy UK prices; and next boom is coming again:p
 
I guess Zillow must actually be reasonably accurate in other areas. In mine, their values have very little relation to what houses actually sell for. This was true before the slump and remains true in the slump.
 
True Zillow's data is about 18 months behind and you can't really trust it. As an appraiser, I would never use any of their information it tends to be a bit off.......
 
Zillow

This is great because when you list your home on Zillow they already let you upload as many pictures as you would like and having this in an iPhone app is even more effective (and convenient) because now as you're driving around looking at homes you have the app with you. A friend of mine just listed their home on Zillow and uploaded 58 pictures, I think it eliminated people taking a tour because they were able to so clearly see the home in pictures, before they expressed interest in a tour. Only 3 people walked through her home before it was sold in 2 months. The views on the pictures were very high though and I feel like that helped so much. I'm glad they're expanding with the app. Very cool new feature.
 
True Zillow's data is about 18 months behind and you can't really trust it. As an appraiser, I would never use any of their information it tends to be a bit off.......

Of the houses I've flipped, the data is correct. Sometimes things get left out or looped in like closing costs. It's just public data that is being repurposed in a convenient package.

Try homescout.com if you don't like zillow. I like homescout myself. Then start pulling tax records once you're in the ballpark.

Obviously not YOU as an appraiser. I would figure that like realtors you subscribe to data services that are much more current.

These services zillow and homescout help in the early stages of buying. But an appraiser is going to have to get involved at some point if there's a loan out there.
 
True Zillow's data is about 18 months behind and you can't really trust it. As an appraiser, I would never use any of their information it tends to be a bit off.......

Well, I just ran it through the gamut on my street. Which includes my house and 4 others that have sold over the last year. All the sales price data was correct. Some values have been estimated down and some up depending on how good a deal. Knowing current sales trends right here, it seems dead on. And the sales data is correct to the penny and date. What else do you want?

As an appraiser, perhaps you're annoyed by free services doing your job. But they're not. Sales figures and estimates based on sq ft and number of rooms will never be able to replace YOU actually determining the true value.

But in this area (Atl) their data IS accurate. And definitely useful. And if we really have hit rock bottom in this market, then it's very useful.
 
Not Even Close

Two years ago, when real estate prices were at their highest, I checked with Zillow on the price of our condo. Believe it or not, that appraisal was much lower than what Zillow has it appraised for now (and much lower than the figure an appraiser came up with at the time). Why? Because Zillow was going off a (then) three-year-old sales price of the property.

People use Zillow so they can gossip about what their co-worker's house is (allegedly) worth. But it can't be relied on as a real-time assessment of real estate prices.
 
Good app

App is good, now I get to see my house value tank anywhere. I hope my July property tax evaluation will be close to what is on zillow.
 
App is good, now I get to see my house value tank anywhere. I hope my July property tax evaluation will be close to what is on zillow.

No doubt! :eek:

If real estate is your gig, Zillow is a good tool for checking basic info. Far from comprehensive, but it never claimed to be that.
 
I like this. The company that I work for recently partnered with them, they are the number 2 real estate site (behind only Realtor.com) in the US and growing rapidly. They have access to almost all, if not all, MLS listings.

CM
 
Another example why Zillow is mostly bogus

I just checked the Zillow estimate for a one-bedroom condo in my complex that recently went on the market. The price of the condo is listed at $399,000. Guess how much Zillow estimates the condo is worth? Yep, $399,000. A couple years ago, when the real estate market was much stronger than it is now, that same condo sold for about $40,000 below this current list price.
 
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