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May 06, 2008

Zillow adds a new feature to their site... Bad News

Quarterly Home Value Reports

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Ahhh Zillow... I can remember the good old days when folks would regularly visits Zillow to make themselves feel better and smarter. The site was great for reassuring your spouse the $100,000 you just paid over asking during the market’s peak would be returned to you tenfold down the road. If you weren’t using the site to remind yourself of your investing savvy, you used it to check up on the neighbor’s or your boss’ net worth.

Today, Zillow will announce a new feature of the site. It’s called bad news.
Zillow’s quarterly home value reports now come with a supplemental section (see below) that takes an in-depth look at the top 30 markets.

The best section in the new report is called, “fall from the peak.”

Enjoy

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Posted by Jeff Brooks on May 6, 2008 06:20 AM |

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