Zestimate

2 Posts

Animated image showing different Zillow listings
Zestimate

Price Prediction Turns Perilous: How Covid Broke Zillow's Pricing Algorithm

The real-estate website Zillow bought and sold homes based on prices estimated by an algorithm — until Covid-19 confounded the model’s predictive power. Zillow, whose core business is providing real-estate information for prospective buyers, shut down its house-flipping division after...
New approach to automated real-estate assessment
Zestimate

Home Sweet AI-Appraised Home: Inside Zillow's neural network for home price predictions.

Real estate websites helped turn automated real-estate assessment into a classic AI problem. The latest approach by a leader in the field gets a boost from deep learning.

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