Archive for the ‘Real Estate News’ Category
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 »
Friday, November 23rd, 2007
I thought this was a rather interesting study on CEOs and real estate. Originally on the iPienso blog:
A new paper by Crocker Liu and David Yermack, ‘Where Are the Shareholder’ Mansions? CEOs’ Home Purchases, Stock Sales and Subsequent Company Performance.” Key finding:
When a CEO buys real estate, future company performance ...
Posted in Real Estate News | 2 Comments »
Friday, November 23rd, 2007
There is a great post written by Jeremy Liew, a partner at Lightspeed Venture Partners that I wanted to summarize:
Ad Networks: Why it’s better than ever to be a targeted content site
1) The longtail is getting longer (Compete data shows a 77 percent increase over the last 5 years of ...
Posted in Real Estate News | No Comments »
Wednesday, November 21st, 2007
2007 so far has been a so so year for real estate start-ups and acquisitions. Below is an aggregation of the top stories for real estate in 2007:
January:
MyCurrency let's "Wisdom of Crowds" predict real estate market
February:
Primedia Aquires RentalHouses.com for $8.5 Million.
March:
Whitefence raises $14 million
Hotpads raises $2.3 million
Oodle raises $11 million ...
Posted in Real Estate News | No Comments »
Tuesday, November 20th, 2007
Borrell and Associates released their real estate outlook for 2007 - 2012.
While total ad spending on real estate has declined 3 percent this year, spending on the online segment has grown 25.8 percent, hitting $2.6 billion. We are projecting online real estate advertising to grow at a somewhat slower rate ...
Posted in Real Estate News | No Comments »
Monday, November 19th, 2007
I spent the weekend in Simi Valley California with my family. I spent my first 18 years there and saw the city grow to over 150,000 people.
The most recent 2000 Census data had total rental properties at 8,151 with a 3.8 % vacancy rate. 22% of the occupied housing units ...
Posted in Real Estate News | No Comments »
Tuesday, November 6th, 2007
According to the latest Census bureau data the total inventory for vacant units including rental units, vacation homes, and properties not for sale or rent hit 17.9 million ending September 2008. This is up 7.8% from a year ago.
Posted in Real Estate News | 1 Comment »
Saturday, November 3rd, 2007
Internet Brands, the company who has been on an acquisition shopping spree and most recently acquired ApartmentRatings.com and thatrentalsite.com just filed to raise $45 million in an IPO. Since 2004 they have acquired 55 internet related sites. The company lost $2.4 million for the first 9 months of 2007 ...
Posted in Real Estate News | 4 Comments »
Wednesday, October 31st, 2007
Forbes.com released their list of the top cities to invest in. Here is their list:
1) Fort Worth Texas
Median home sales price: $156,500
Price change from 2006: 1.7%
Expected home turnover in 2008: 6.03%
Turnover ranking: 5
2) Kansas City, Missouri
Median home sales price: $157,700
Price change from 2006: -0.7%
Expected home turnover in 2008: 6.21%
3) Houston, ...
Posted in Real Estate Investing, Real Estate News | 2 Comments »
Tuesday, October 2nd, 2007
Rent.com is supposedly launching a single family home rental website to compete with the likes of rentalhomesplus, rentvine, rentals.com, mynewplace and others. They are no longer accepting postings on rent.com of 20 units or less and are most likely going to launch the new site early in 2008.
What does this ...
Posted in Real Estate News | 1 Comment »
Monday, October 1st, 2007
Pat Kitano of transparentre a blog on the transparency of real estate wrote a great article Entitled "What Active Rain should do Now."
Active Rain's Challenges
1) AR owns the bloggers, who owns the content?
2) Developing the proforma revenue model
3) AR needs to augment their relatively puny consumer traffic
4) Management ...
Posted in Real Estate News | 2 Comments »
Thursday, September 27th, 2007
From Glenn Roberts Jr. of Inman News:
ActiveRain, an online real estate blogging community and social network with about 47,000 members, has filed a lawsuit against property-search giant Move Inc. that seeks millions in damages and alleges that Move broke the law when it backed out of an acquisition plan ...
Posted in Real Estate News | No Comments »
