The Zestimate comes back to bite: Reactions to the end of Zillow Offers

Industry professionals and social media wags alike reacted to news on Tuesday that Zillow would shut down Zillow Offers, its iBuyer program. Many pointed to CEO Rich Barton’s statements on the difficulties of forecasting home prices and the company’s Z… Continue reading

Zillow claims Zestimate now more accurate thanks to tech update

Zillow estimates the machine-learning-powered update will reduce the median error rate to 6.9 percent and increase homeowners’ Zestimate live offers by 30 percent. Continue reading

Zestimates can’t keep up with wild housing market, agents say

Four agents from around the country talk about the widening gap between Zestimates and MLS home value data as inventory shortages push prices to new highs. Continue reading

Court upholds dismissal in Zestimate lawsuit

The United States Court of Appeals For the Seventh Circuit upheld a May ruling to dismiss a lawsuit filed against real estate technology giant Zillow. Continue reading