If you've ever been curious about the price of a particular house in America, chances are you've been to Zillow.com. That's the site that lets you type in an address to find out its estimated sale price (called a "Zestimate") along with details about the house and, in most cases, the exact date and price it last sold for as well as information about property taxes, nearby schools, and neighboring homes.
In addition to sale prices, the company also estimates rental prices and displays rentals in your area.
The new app allows users to enter their location or draw on a map to select the area they're searching in. They can specify the type of housing they're looking for and get notifications when new rental homes that meet their criteria come on the market. They can also compare homes to side by side.
In an interview (scroll down to listen to podcast), Zillow CEO Spencer Rascoff said the new app has "hundeds of thousands" listings, rent Zestimates, and other data on rental properties." There is currently no dedicated iPhone rental app, but the general iPhone real estate app does have rental estimates. He said that rent estimates typically come in within 7 percent of actual rental prices.
Audio interview with Zillow CEO Spencer Rascoff
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