Zillow’s Zestimate got an upgrade — and this trio got $1 million for the new algorithm

Carrington Comments on Home Estimates in MarketWatch

It’s a financial tool that homeowners love — and love to hate. Recently, Zillow announced the winners of a contest launched to improve the accuracy of the Zestimate, the algorithm that helps approximate the value of houses.

In the article “Zillow’s Zestimate got an upgrade — and this trio got $1 million for the new algorithm,” published on Jan. 30 in MarketWatch, Rick Sharga, EVP Carrington Mortgage Holdings, comments on the curiosity that homeowners have always had about what their house is really worth.

Read the article here.