Where Real Estate Gets Its Dirt

Zillow Home Loans Cost Consumers More?

Zillow Home Loans pay more, study suggests

“The 40-page report, titled “Empirical Analysis of Zillow Home Loans Pricing,” was published Dec. 21 by Georgetown University Professor of Economics and Law Emeritus Steven C. Salop. It received funding from CoStar, the parent company of Zillow home search rival Homes.com.

The study, which a Zillow spokesperson said draws “inaccurate and misleading conclusions,” pointed to two class-action lawsuits filed this fall — Taylor v. Zillow and Armstrong v. Zillow — which accuse Zillow of boosting ZHL through illegal kickbacks.”

CoStar hired a consultancy firm to investigate Zillow Home Loans. The consultancy firm hired a professor. The professor publishes a study saying consumers may end up paying more for a Zillow Home Loans over time. The consultancy firm that hired the professor come out saying it disagrees with the professor.

If you’re confused, so am I.

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