Archive for the ‘Real Estate News’ Category
Monday, November 9th, 2009
Every week we come across some of the strangest real estate news out there. This week, we’ve decided to highlight some of the craziest celebrity homes we’ve encountered.Michael Jackson’s Neverland Ranch - Los Olivos, CAStrange homes can’t be discussed without first mentioning Michael Jackson’s Neverland Ranch. Since he first ...
Posted in Real Estate News | No Comments »
Sunday, November 1st, 2009
The ideal city is one that provides the thriving culture of like New York City, with the safety of suburban neighborhoods like Greenich, CT. Cities that meet these qualities do exist and according to a ranking published last week by Forbes.Com, they aren’t that far off the map.Forbes.com safest cities in America ...
Posted in Real Estate Investing, Real Estate News | 1 Comment »
Friday, August 28th, 2009
According to the Wallstreet Journal, LendingTree is suing Mortech, which provides a loan technology service that LendingTree uses, for breaching their confidentiality agreement. A few months back, Google began testing a Merchant search service in the UK that compares lenders and LendingTree is concerned that trade secrets may have been exposed.Here arethe FAqs for the ...
Posted in Real Estate News, Real Estate Technology | No Comments »
Monday, June 15th, 2009
Earlier this year, Apartments.com conducted a national survey to more than 1,600 renters on their 2009 moving plans. One of the findings of this survey showed that about 90% of renters surveyed said they will search multiple apartment websites for their next apartment.The online rental industry will continue to become more fragmented. ...
Posted in Real Estate News, Rental Market | 1 Comment »
Friday, November 28th, 2008
From PickRent.com: [youtube]7Pzim8O7Fd0[/youtube]
Posted in Real Estate Investing, Real Estate News | 1 Comment »
Tuesday, October 14th, 2008
"A Very Tough Day" says Glenn Kelman, the CEO of Redfin who yesterday had to lay off 20% of his staff. "Unlike other startups, our industry's recession started a year ago, when home prices first plunged." says Kelman.Kelman's final words in his post "Redfin's whole business will struggle and fight and ...
Posted in Real Estate News | 2 Comments »
Tuesday, September 9th, 2008
Pete Flint at Trulia analyzed the revenue numbers from naa.org this week and this is what he found. Here’s the summary: Total print ads in Q2 were down 16% year-over-year Online ads came to only $777M in Q2, down 2.4% from the year before Real Estate Classified ads were down 36% over the prior year
Posted in Real Estate News | No Comments »
Wednesday, August 20th, 2008
Aaron Hassen, the owner of RentBlurb contacted me this morning letting me know he is looking to sell his 4 year old company RentBlurb.com. RentBlurb is a local rental site that has strong search engine rankings in the Florida market.
From Compete.com, the top keywords that drive traffic to this site ...
Posted in Real Estate News | No Comments »
Tuesday, August 12th, 2008
I recently read that The LA Times has cut a section of their newspaper that is over 100 years old. The section, you guessed it, Real Estate!
Why? Because the print classifieds model is broken. If things continue as they are, we will see other sections being axed as well.
John Keister ...
Posted in Real Estate News | 4 Comments »
Wednesday, August 6th, 2008
Google just released Google Insights for Search and it allows users to compare search volume patterns across specific regions, categories, and time frames.
I compared Apartments for Rent and Houses for rent and here is what I found:
There is a cyclical nature to rental search.
Florida has the highest concentration of renters ...
Posted in Real Estate News, Real Estate Tips, Search Engines | 3 Comments »
Tuesday, July 22nd, 2008
Posted in Real Estate News | No Comments »
Tuesday, July 22nd, 2008
The Virgin Group, a conglomerate of separately owned companies that use the Virgin brand, is getting into the Peer 2 Peer lending market. They recently released a loan program that can help your loved one buy a home.
Nothing like the awkward silence at Dinner. "Um, Jimmy, you are 6 months ...
Posted in Real Estate Investing, Real Estate News | No Comments »
Sunday, July 6th, 2008
In January we wrote that Landmark Communications was looking to sell their assets. Landmark owns The Weather Channel and runs Dominion Enterprises which owns sites like ForRent.com, Homes.com, CorporateHousing.com and many other sites.
Landmark announced on Sunday that they will sell The Weather Channel Cos. to a consortium of NBC Universal ...
Posted in Real Estate News | No Comments »
Saturday, June 28th, 2008
It appears Iggys House is no longer online. The site has been down for many days. Their sister companies BuySideRealty and BuySideMortgage also seem to be down.
Iggys House provided sellers with a free MSL listing service and the ability to post the property on their site for free. These free ...
Posted in Real Estate News | 17 Comments »
Wednesday, June 4th, 2008
I recently ran across Trulia Market Trends and wanted to take a look at the Phoenix real estate market and compare it to the Phoenix rental market.
According to Trulia, the average sales price for homes in Phoenix has seen a 22.2% decrease in the price of a home from Nov ...
Posted in Real Estate News, Rental Market | 2 Comments »
Sunday, May 11th, 2008
CNNMoney just released their report of the 10 fastest growing real estate markets.
And here they are:
McAllen, Texas
12-month forecast: 4%
Median home price: $109,000
One year price change: 2.1%
Five year price change: 23.3%
Change in foreclosure rate: 23%
Rochester, N.Y.
12-month forecast: 2.7%
Median home price: $121,000
One year price change: 3.4%
Five year price change: 20.1%
Change in foreclosure ...
Posted in Real Estate Investing, Real Estate News | No Comments »
Thursday, March 6th, 2008
When Larry and Sergey of Google were trying to come up with a name for the company, they thought they were spelling Googol ( 1 googol = 1.0 × 10 to the power of 100) correctly when they spelled it Google.
This misspelling was a good thing for the company since ...
Posted in Real Estate News, zillow | No Comments »
Wednesday, February 27th, 2008
I have never seen the show "Flip this House" on A&E but one of the stars, Armando Montelongo faces up to 2 years in jail if he is convicted of not paying the appraiser.
On you tube you can learn how to make money the "montelongo" way. One advice though. Pay ...
Posted in Real Estate Investing, Real Estate News | 6 Comments »
Saturday, February 23rd, 2008
There are about 2 million homeowners that hold $600 billion of subprime adjustable-rate mortgage loans, known as ARMs, that are due to reset at much higher amounts during the next eight months
We are constantly speaking with property managers throughout the United States and we asked them how the foreclosure situation ...
Posted in Property Managers, Real Estate Investing, Real Estate News | 1 Comment »
Tuesday, February 19th, 2008
Dominion Enterprises, the owner of sites like ForRent.com, Homes.com, CorporateHousing.com and many other sites, announced that they may be looking to sell. They have hired J.P Morgan and Lehman to help in the process if they decide to sell.
In September 2006, Dominion Enterprises was established following a division of assets ...
Posted in ForRent, Real Estate News | 2 Comments »
Tuesday, February 5th, 2008
I have had some time to chew on the Yahoo / Microsoft deal a little bit. Google has their own concerns but I wanted to break this down more from a consumer and business decision at the real estate vertical level.
From a real estate vertical, would the Yahoo / ...
Posted in Real Estate News | 3 Comments »
Saturday, February 2nd, 2008
Answer. Fire your entire board and replace them with individuals who are internet experts.
Marc Andreessen's post on the New York Times says it all.
Well, given that the Internet is the central force dismantling the company's [The New York Times] business, I'm sure that by now they've stocked their board with ...
Posted in Business Tips, Real Estate News | 3 Comments »
Thursday, January 31st, 2008
Did you know that if you were to post your real estate property on the top 10 real estate sites you would only be reaching 24.1% of the market?*
According to Hitwise.com, the top 10 real estate sites combined reach 24.1% of the market. These are sites like Realtor.com, Move.com, Zillow.com, ...
Posted in Real Estate News, Real Estate Technology | 1 Comment »
Monday, December 31st, 2007
Every year, Marcus and Millichap releases a report on how they think the rental market will be for that year. In the beginning of 2007 they released a report on the status of the Apartment and Rental industry for 2007.
They predicted many things and one was the lowest and highest ...
Posted in Real Estate News, Rental Prices | No Comments »
Saturday, December 29th, 2007
Rentomatic, which is owned by iiProperty, will be launching shortly according to Pat Kitano's blog, I've spoken to Allison Atsiknoudas, iiProperty's CEO numerous times and she impresses me with both her knowledge of technology and the rental market.
Rentomatic, will be targeted to small- and mid-sized landlords, property managers and ...
Posted in Real Estate News, Rental Market | 4 Comments »
Wednesday, December 26th, 2007
I am not very good at predicting the future and don't have access to the Wisdom of Crowds data, but here is an attempt to predict the future of the real estate industry for 2008.
The real estate web2.0 lingo will die and someone will try to make up new lingo ...
Posted in Real Estate News, Real Estate Technology | 4 Comments »
Sunday, December 23rd, 2007
LookSmart, the company that powers CPC for many sites has acquired the assets of Edgeio for $280,000.
LookSmart is a publicly traded company that had their stock trading at over $300 a share in 2000. Now, the stock is trading at $3 and has a market cap of $68 million.
The other ...
Posted in Real Estate News | No Comments »
Sunday, December 16th, 2007
I originally saw this post on TheRealEstateBloggers. Frontdoor.com has launched and it looks like it is taking aim at Zillow and Trulia to be a place for owners to research and find properties for sale. The Scripts Network which owns frontdoor and other sites like DIY, HGTV, Food Network, Bizrate, ...
Posted in Real Estate News | No Comments »
Sunday, December 16th, 2007
Redfin was recently on the Today Show where Meredith interviews Glenn Kelman. You can view the video here.
Redfin also launched The Real Estate Scientist, a program to develop data-driven best practices for buying and selling homes.
Seven Tactics for Selling Your Home
You can read the full report Seven Tactics ...
Posted in Real Estate News | No Comments »
Friday, December 14th, 2007
I read the Transparentre blog often and Pat's most recent post is about micro celebrities and Glenn Kelman of Redfin.
Microcelebrity is the phenomenon of being extremely well known not to millions but to a small group. This usually occurs in the technical and finance world but is becoming much more ...
Posted in Real Estate News | 3 Comments »
