Redfin Launches Automated Home Price Estimates

 Redfin.com today launched the latest iteration of its home-price estimate tool. Until today, you had to play real estate agent and pick your own comparables and Redfin would then use these to compute a reasonable estimate for the price of the house you were looking at. Now, the company has turned on its automated home price estimates based on its knowledge of the local market and the data it…