» Posted by Martin Weil on February 12, 2006

Two reasons people commonly believe that they make more money in residential real estate than stocks are that:

A) since one's home is not priced on a daily basis, homeowners are less attentive to the inevitable ups and downs that accompany any asset class and they are therefore more comfortable as long-term holders, and

B) leverage can work wonders on any asset return.

Well, reason A is about to get a run for its money.

Zillow - a brand new web-based service by the founder of Expedia - claims to provide current pricing on just about any home in the US.

Everyone who owns a home will want to check this out. Real estate and home ownership, not to mention privacy, may never be the same.

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