Not sure if this is the real deal or a “bot” out looking for Zillow comments on blogs (probably the latter), but just thought I would post it here. I posted a blog entry on Zillow and it’s accuracy and use in our industry a few days ago and it was quickly commented on supposedly by Zillow’s COO Spencer Rascoff adding validity from the horses mouth as it were to my post:

Spencer Rascoff, COO of Zillow here. Thanks for the post.

There’s no doubt that Realtors are in a better position than a computer algorithm to value a client’s home. Our valuations are good — the best on the Internet, we believe — but it’s no substitute for a good Realtor, nor is is meant to be.

This sounds like an interesting opportunity for prospective home buyers in the Portland area.

Buena Vista Custom Homes today announced that it will conduct a second auction of the company’s inventory of completed homes. 52 homes from nine of Buena Vista’s neighborhoods and 18 buildable lots from three different developments in the Portland metropolitan area will be auctioned on Saturday, March 8, 2008 at the Ambridge Event Center in Portland. The inventory is located throughout the Portland metro area including: Scappoose, Beaverton, Happy Valley, Sandy, and Hillsboro. The 18 buildable lots are located in the developments of Shadow Hills and Jackson Hills, both in Happy Valley along with Carson Crest in Beaverton.