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30 Jun, Thursday
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Bull Trader USA

: ‘It’s really a toy’: How reliable is Zestimate, Zillow’s extremely popular home-valuation tool?

Zillow’s ZG experiment in home-flipping has blown up in its face — and the company is blaming the “unpredictability” of home prices.

Now, some are asking about the reliability of the company’s so-called Zestimates, which provide an estimate of a home’s value based on a proprietary formula. Zillow says a Zestimate is published for around 100 million homes nationwide.

In…

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