Zillow has announced plans to merge with Trulia, and about
a dozen others that provide housing information on the web. Zillow will then
try to set prices for buyers. Said one Zillow executive ” We plan on not only
eliminating confusion, but actually setting the market price for every
conceivable property in the 50 states,”  So will this do away with the need for
appraisals? Don’t count on it. Zillow hasn’t said how they plan on calculating
a home’s value. Zillow could look at homes sold in the area to help. But Zillow
won’t have access to actual appraisals to determine why homes sold for a
certain price. Unless they plan on PAYING for everyone’s appraisal….now there’s
an idea.