Monday, April 16, 2007

Zillow Under Fire in Arizona, the home pricing service I talk about in Florida for Boomers, is coming under fire in Arizona. The Arizona Board of Property Appraisers has just issued cease and desist letters to Zillow.

The service has drawn the ire of many real estate professionals because they fear it may undermine their stranglehold on home price information. Now Appraisers are jumping on the bandwagon. But with a reported 4 million users a month and lots of venture capital, look for Zillow to put up a pretty strong fight here.

Read the full story.