It’s the end of an era as ‘father of the Zestimate’ retires from Zillow

Stan Humphries, most recently Zillow’s chief analytics officer, announced his retirement this month after 15 years with the portal. For better or worse, his work changed real estate forever. Continue reading

Zillow’s Zestimate now uses photos when valuing homes

The update relies on AI neural networks that can judge things like finishes and curb appeal. Continue reading

This team of engineers beat the Zillow Zestimate by 13%

Team ChaNJestimate was announced Wednesday as the winner of the $1 million Zillow Zestimate challenge, with an algorithm that beat the company’s own baseline by 13 percent. With the algorithm, Zillow expects its Zestimate error rate to fall from 4.5 pe… Continue reading