California Mortgage News
Friday, March 10, 2006
Zillow May Not Be Ready For Prime Time
Zillow May Not Be Ready For Prime Time
We have had a lot of feedback from readers about our first article about the Zillow.com website which was published here during the week of February 12. Nearly all of the writers were extremely negative about Zillow. For example: "This website is highly inaccurate. The values of the homes are not even close. A house valued at 380K will come back on Zillow as 212K. They have a serious database problem." "It's a very BASIC GUESS. It cannot 'see' the house (if the house is) damaged by a storm or fire or anything else. It cannot 'see' (if) the property is waterfront or has a spectacular view - or not - and compares (it) to only what's close in proximity - or the property that is gutted on the inside. Hey, it is free so everyone can use it at their own risk. VERY misleading in many areas and only decent for 'cookie cutter' neighborhoods in disclosure states. You can trust it about as much as a pie in the sky."

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Covering the mortgage and real estate market in California. Find information on real estate, mortgage vendors and mortgage brokers.

Name: Brian DeSpain
Location: Las Vegas, New Mexico, United States

Writer, open source geek and general rastabout.

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