« Make: Open Source gift guide | Main | WorldChanging in Austin » More on ZillowLast February I wrote about the issues with Zillow's market analysis tool. Realtor® Magazine Online reported on October 30 that the National Community Reinvestment Coalition, a Washington, D.C.-based nonprofit that promotes equal access to credit and capital for underserved communities, has filed a complaint about Zillow with the Federal Trade Commission. ...NCRC insists that Zillow's home-valuation tool is inaccurate and misleading. An audit by NCRC reveals that Zillow's so-called "Zestimates" are wrong over 67 percent of the time, and many home owners have expressed concerns about valuations that are too high or too low. jon posted this at 10:27 AM |
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