First Half of 2010 Bumpy for Housing Market, but Stellar for Zillow
Even with the homebuyer tax credits helping to pump up sales, it’s been a mixed bag of results for the housing market so far this year. Fortunately, results here at Zillow have been anything but mixed.
The first half of 2010 brought us a record numbers of unique visitors, incredible success on the mobile front and new partnerships with major real estate brokerages from across the country.
- Zillow averaged 10 million unique users per month in the first half of 2010. That’s up 20 percent from the same time last year. In June alone, we had 10.7 million unique visitors.
- The Zillow Mobile App has been downloaded 1.75 million times. Zillow’s iPad and Android apps launched in April and March of this year, and Zillow is the most popular real estate app in both the iPhone App Store and the Android market.
- So far this year, we forged new partnerships with several large real estate brokerages, including Howard Hanna Real Estate Services and John L. Scott Real Estate. Zillow now has partnerships with virtually every major real estate brokerage in the country, and representatives from many of those sit on Zillow’s Broker Advisory Board.
- Zillow Mortgage Marketplace continues to be a powerful resource for borrowers, allowing them to connect with lenders anonymously and compare customized rate quotes. Borrowers submitted 365,000 loan requests during the first half of the year, and received an average of 16 loan quotes per request.
We’re very excited to be able to report such great results from the first half of 2010. You can see full results in today’s press release.