Zillow.com, a real estate valuation Web site, has been named in a complaint filed with the Federal Trade Commission by a consumer advocacy group, which charges the site’s home valuations mislead consumers, real estate professionals and lenders.

According to the National Community Reinvestment Coalition, an alliance of more than 600 community-based groups working to ensure equal access to credit services for underserved communities, Zillow knowingly provides inaccurate estimates in posting valuations on more than 67 million homes around the nation. “Zillow is placing the American dream of homeownership at risk for countless working families,” said NCRC president John Taylor. “For a company that represents to consumers that they are the ‘Kelley Blue Book of Homes,’ this is a very dangerous situation”

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