Recently, The Zillow Group announced a new tool to help Millennials buy their first homes. The tool is called RealEstate.com and consists of a web experience aimed to help more Millennials and first-time homebuyers become real homebuyers. The new website pulls listings straight from the MLS as well as from real estate brokerages.

 

What makes this real estate website different is that it provides buyers a new way to search for a home. Specifically, users may search for homes by their preferred down payment as well as by preferred monthly mortgage payment. Zillow hopes to simplify the home search process for first-time buyers by providing an all-in monthly price for a home. This price will break down estimated expenses such as principal interest, property taxes, homeowner’s insurance, HOA fees and utilities and closing costs.

 

“RealEstate.com is designed to equip the next generation of home buyers to find a home that suits their needs and budget,” said Jeremy Wacksman, chief marketing officer at Zillow Group.

 

One thing is clear, Zillow is always looking toward the future. As a Millennial, I can’t think of many resources that are catering to my generation’s needs, so this is a great first step. Zillow clearly has a good pulse on where things are going in the real estate world.