Mortgage Rates Set New Lows

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Interest rates continue to set all-time lows, as Zillow reported its Mortgage Marketplace showed the average rate for a 30-year, fixed mortgage is currently 4.25%. The real estate information firm said the rate if down seven basis points from 4.32% the week earlier and at the lowest level since the report launched in April 2008…. Read More

Homeowners Pessimistic About Future Home Value

Homeowners Pessimistic About Future Home Value According to the Zillow Second Quarter Homeowner Confidence Survey, U.S. homeowners were less confident about the value of their homes in the second quarter, with one-third believing home prices had not yet reached a bottom. Homeowners were more pessimistic about the short-term future of home values in their local… Read More

Zillow.com(R) Usage Grows 57 Percent Year-over-Year in 2009 (PR Newswire via Yahoo! Finance)

Real estate Web site Zillow.com today announced it broke multiple records for site traffic and user activity in 2009. An average of 8.2 million unique users visited Zillow each month during this period, which is an increase of 57 percent year-over-year .

Zillow(R) Announces Launch of Rental Listings and Search (PR Newswire via Yahoo! Finance)

Real estate Web site Zillow.com today launched rental listings and search to its home shopping service and database of more than 90,000,000 U.S. homes. For the first time on Zillow, anyone can list a home for rent, and Zillow users can now search both rental