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Zillow Updates
- Zillow COO Spencer Rascoff Talks How Jobs Affect Housing on Forbes.com November 6, 2009It’s jobs and wages, not growth in the GDP that will really spur the housing recovery, Zillow’s Spencer Rascoff told Forbes. Spencer regularly participates in panel discussions on Forbes.com. Other participants include Donald Trump, Jr., Michael Feder of Radar Logic and Pat Lashinsky of ZipRealty. This time, the discussion centered around whether […]Zillow Team
- $8000 Tax Credit Extended Through April 30, 2010 November 6, 2009In what has been urged as a must-have by real estate professionals and builders, the $8000 tax credit for first-time home buyers (previously due to expire Nov. 30), has been extended through April 30, 2010, according to the Associated Press. Not only has it been extended, but it has also been expanded to include more [...]Diane Tuman
- New Homebuyer Tax Credit Proposal: Impact on the Housing Market November 5, 2009On a 403-12 vote today, the House of Representatives approved a measure to extend the $8,000 first-time homebuyer tax credit, along with a $6,500 tax credit for repeat homebuyers who have lived in their current homes for at least five years. The Senate has already approved the bill, and the President is expected to [...]Stan Humphries
- Local Market Explorer v2 Now Available November 5, 2009The Local Market Explorer WP Plugin that we released in August just got an upgrade! Though the BETA version 2 has been available for a few weeks, it’s now officially available for download in the Wordpress Plugin directory. Here’s what’s new with version 2: Support for neighborhoods and ZIPs rather than just cities Additional flexibility to […]Drew Meyers
- Buy vs. Rent Question by First-time Buyer November 5, 2009Zillow user Muddslide says in Zillow Advice: I’m a first time home buyer and have saved 200,000. I’m looking for a great deal, but am really gun shy. It’s nice to hear there really are people who have been careful and not been sucked into the subprime seducements of the past few years. What would you do?Diane Tuman
- New! Zillow Video Training Center - Your FAQ’s Answered! November 5, 2009For the last couple of months, we have been creating numerous training videos (here’s the Zillow YouTube channel) to help answer some of the more frequently asked questions we get from real estate and mortgage professionals. We are excited to announce that we now have a centralized place where all these videos live on Zillow.com. Please [...]Sara Bonert
- Kimora Lee Simmons Puts NJ Home on Market November 5, 2009Kimora Lee Simmons, CEO of Phat Fashions (best known for the Baby Phat line) and star of the 2007 reality series “Kimora: Life in the Fab Lane” is selling her Saddle River, NJ home from $16.5 million. The home, located at 101 Fox Hedge Rd, Saddle River, NJ 07458 is 35,000 square feet with 10 [...]Sarah Greenleaf
- Lisa Marie Presley’s Home for Sale for $8,995,000 November 4, 2009Update (11/07/09): The agent for Ms. Presley informed us that house is no longer on the market. ***** Original post: Singer/songwriter Lisa Marie Presley, whose birthright is as the only child of rock ‘n roll’s most famous performer, Elvis, has listed her Hidden Hills, CA home, located at 24895 Long Valley Rd, Hidden Hills, CA 91302, for $8,995,0 […]Diane Tuman
- 2009 Zillow Home Value Index World Series: Phillies vs. Yankees November 3, 2009Welcome to the 2009 Zillow Home Value Index World Series! The Philadelphia Phillies won last night, sending the 2009 World Series back to Yankee Stadium in the Bronx for Game 6 tomorrow night. The New York Yankees lead, 3-2, but as old-time Yankee Yogi Berra once said in one of his famous Yogi-isms, “It ain’t over [...]Diane Tuman
- Mortgage Rates Remain Steady November 3, 2009Mortgage rates for 30-year fixed rates remained steady this week, with the weekly average rate borrowers were quoted on Zillow Mortgage Marketplace at 4.86%, down from 4.87% the week prior. For 15-year fixed mortgages, borrowers were quoted on average, 4.31% and for 5/1 ARMs, 3.79%. This morning, the national rate for 30-year fixed purchase mortgages was [.. […]Sarah Greenleaf
