Redfin expands estimate coverage, cites greater accuracy

The error rate of Redfin’s AVM improved five basis points and expanded to the state of Connecticut as well as Boise, Des Moines, Spokane and Chattanooga. 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

Redfin Estimate comes under fire for sudden price hikes

Does Redfin Estimate artificially inflate the value of certain homes, or is it just incredibly accurate and sensitive to changing market conditions? The founder of a low-fee brokerage attempted to get to the bottom of the valuation tool and found some … Continue reading

Redfin unveils new estimate tool for off-market homes

Redfin is giving homeowners a chance to estimate their property’s value before it hits the market — while potentially buttressing its own iBuyer platform. Continue reading