Zestimate category archives

(Photo of North Portico of White House courtesy Kathleen Andersen)
Singularly, spectacularly, the White House is like no other residence in America. It can even be considered the world’s most famous home since it houses the U.S. president — leader of the free world and arguably, the most powerful nation in the world. And, come Jan. [...]

I recently wrote a post about the average-sized U.S. home from our Q1 Home Value Reports. As I noted in that post, the “average” U.S. home is 1,500 square feet with 3 bedrooms and 2 bathrooms. With these dimensions in mind, I dove into Dueling Digs to look at average-sized homes, sorting through homes for [...]

Tough times call for drastic measures. A friend of mine in Bothell, WA is trying something new to build interest in his house. He is having an auction… sort of. The “Bothell Countdown” is the brainchild of Justin Wilcox and is something like a reverse auction where instead of the price [...]

Dr. Stan Humphries, VP Data & Analytics, and the man behind our housing data, will be giving a speech to the Real Estate Roundtable at the Rainier Club in downtown Seattle on Monday May 19. He will be discussing Seattle home prices and US housing data in great detail over lunch.
I am a member of [...]

In a recent blog post, I discussed how the Zillow Home Value Index (Zindex) compares to two popular repeat sales indexes, the OFHEO Housing Price Index and Standard & Poor’s Case-Shiller Index. In that post, I referenced David Wessel’s recent article in the Wall Street Journal in which he compares these two repeat sales indexes [...]

There was an interesting article in the Wall Street Journal a few weeks ago by David Wessel discussing differences between the housing index produced by the Office of Federal Housing Enterprise Oversight (OFHEO) and Standard & Poor’s Case-Shiller index. Since Zillow recently released our Q4 2007 Home Value Reports, I thought I’d extend Mr. [...]

It’s hard to turn anywhere these days without hearing about the housing market slowdown, sales slumps or mortgage and credit woes. But who is really affected by all these reports? Not me. Well, I don’t think it’s me. Maybe it’s everyone around me, but certainly not me. This, at least, seems to be the sentiment [...]

In the case the Zestimate, it’s a lot.  Lloyd’s blog post Thursday announced that we officially came out of beta in concert with expanding our database and improving our accuracy.  I wanted to offer a little more perspective on what goes into your Zestimate now.
When we first launched in 2006, we set out to do [...]

Last week’s launch of our new Zestimate algorithm involved the most significant update to Zestimate values since Zillow launched in beta in early 2006. We also updated more than 10 years of historical Zestimate values. The changes made to the Zestimate history have raised quite a few questions so I thought it could be [...]

Today Zillow is thrilled to announce a significant upgrade to our site, which increases the number of homes with Zestimate valuations to 67 million homes in the U.S., a 68 percent increase from when we launched in beta in 2006. In addition, the total number of homes with information on Zillow rises from 70 to [...]