I first thought of writing about the Bailout plan, but I think you all probably have gotten enough of it all day. So I changed my mind. Here goes something else instead…
For all those zillow.com lovers, beware.
Even I like it sometimes for just a quick peek, when its a neighbourhood I havent been to and I just have enough time(<1 min) to go to a website and look up its location. However their analytics dont always work correctly. I had a shock of my life (pleasant, albeit, unbelievable one) when I saw my house value and my street’s house values showed up way above what they should be.
So word of advice, and in Reagan’s words, ‘trust but verify’. <trust is used quite loosely here in this context>
Zillow took of very well a few years back, to where at one point Yahoo partnered with it, to show house estimates. Some information on Yahoo search blog:
With all the recent discussion on where home prices are heading, we saw a great opportunity to improve our home valuation product on Yahoo! Real Estate. We?ve integrated our product with Zillow.com to provide users with free instant home value estimates and comparable home valuations for millions of homes in the U.S.
We also made it very easy to get your estimated home valuation: just go to Yahoo! Search and search for ‘home values?. You can then refine your search with a Yahoo! Shortcut by entering any street address and city/state or ZIP to get the estimated value on Yahoo! Real Estate.
Lately, studies showing their lead conversion statistics is also quite high. Looks like Yahoo and Zillow partnership is still going strong, as I recall seeing another article this year sometime in January.
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