The Zillow story can’t stay down. This time it’s the Grey Lady herself, the New York Times weighing in, saying that the complaint is racially motivated.
Zillow.com, the Web site that provides free home valuations, has been accused by a coalition of community activist groups of undervaluing the homes in black and Latino neighborhoods.
This story is [...]
John Cook reports that things are looking grim for the lead generator.
posted a net loss of $1.5 million for the quarter. That compared to profits of $4.3 million for the same period last year.
I’m not sure I buy CEO’s explanation that it was all due to market conditions. I’d pin it on evolving online marketing [...]
eppraisal a new automatic valuation site in the vein of Zillow or HouseAmerica. It launched in Beta today, but will be officially launched next week at the NAR convention in New Orleans. It’s brought to you by the guys at Realty Thoughts.
Before we dive in to the site however, we need to check and see [...]
Zillow is spending between $13.67 to $21.44 a day on its PPC advertising and seems to be marketing itself to the functionally illiterate.
Some of the terms it’s buying:
zindex
third street
7th ave
first street
horlando
orlanda
orlande
Redfin, on the other hand, is spending between $23.06 to $170.34 a day and getting a little creative with its search terms - breaking out [...]
Any other caffeine addicts out there? espressomap is a mashup site that plots out the best espresso joints in the country. Great for planning a road trip. Bookmarked.
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I upgraded to Wordpress 2.0.5 last night and while I was at it, decided to pull everything apart and build a new template too. I’d love to hear what you think of the new look. RSS readers, check out it too! There’s still a few bugs I need to work out, but I like the [...]
Technorati has seen a big bump in the number of posts since this story first came out. Unfortunately, the story shows no signs of going away either.
Los Angeles Times is the latest major media outlet to pick up on this story today.
In the tech media, CNET News has the story. So does Ars Technica.
Out in [...]
[via GapingVoid]
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CNN has picked up the Zillow story about the NCRC complaint today.
I’m not surprised. This story was bound to get picked up by the big media. It’s timely and the issue of home valuations is an emotional one, especially right now when it’s announced Tuesday that the US house price fall was the steepest since [...]
John Cook reports that Zillow has gotten itself into hot water about its home valuations:
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 12-page complaint (PDF) against Zillow with the Federal Trade Commission.
You can read the full complaint here. [PDF]
The crux [...]
