Launches Beta Real Estate

Zillow.com

From what we hear, the pressure-cooker environment in which the launch was being anticipated--and in many cases beaten to the market by prospective competitors--had a lot to do with the sudden launch, initially scheduled loosely for the Spring or thought to be on hold till the Summer.

Look for the whole story in today's editions of the Observer; read their full press release after the jump.

In today's other real estate news:

Johnny Damon settles down, finally. And it's not a Baseball Building, except for Bobby Abreu.

Bob Guccione causes a stir when the hedge fundies that are selling his house list it at $99 million.  read more »

Jana Bullock is up to more of her showhouse zaniness.