Move, Inc. — the folks behind Realtor.com and Top Producer — held its Q4 2007 earnings conference call recently. The transcript is available on Seeking Alpha. I think it’s well worth your time to check it out in full. Move did $286M in 2007, vs. $280M in 2006. Considering the shape that the real estate … Read more
This is not good news: After suffering a beating from their exposure to home loans, banks and securities firms are about to take their lumps from office towers, hotels and other commercial real estate. And the losses could last longer than those from the subprime shakeout. As the economy wobbles and financing costs rise because … Read more
This is not good news: After suffering a beating from their exposure to home loans, banks and securities firms are about to take their lumps from office towers, hotels and other commercial real estate. And the losses could last longer than those from the subprime shakeout. As the economy wobbles and financing costs rise because … Read more
when you told them that you were going to pursue being a real estate agent? I’ve never been one, but I have started my own company, and this post really resonated with me. But the most interesting thing that came out of our conversation that day was this…my friend said that a co-worker former co-worker … Read more
Kudos to Trulia for this: Trulia Voices is one of the most popular parts of our site. Our rapidly growing community has done a great job asking and answering real estate questions. Today, we’re excited to announce the release of our RSS feed widget for your Trulia Voices Answers. You’ll now have the ability to … Read more
Redfin has one of the best corporate blogs not just in real estate, but in…well, business. Posts like this are the reason why. Glenn Kelman takes the Freakonomics guys to task (gently, as is his wont) for relying on bad sample set to conclude that brokers have little to no value. Stephen Dubner and Steven … Read more
I just ran across this fantastic website (h/t Instapundit). Carlust is such a great name for it as well. I really like Chris Hafner’s writing style as well — compact, personable, totally on-point. Great blog writing, IMHO. It works beautifully for cars. I know it can’t possibly work as beautifully for houses, since cars are … Read more
Now, this is good news from NAR: The integrity of data is a foundation to the orderly Real Estate market. The Real Estate Transaction Standards (RETS) provides a vendor neutral, secure approach to exchanging listing information between the broker and the MLS. In order to ensure that the goal of maintaining an orderly marketplace is … Read more
From the invaluable Calculated Risks blog, Vallejo Close to Bankruptcy Filing: Vallejo, a city of 135,000 outside of San Francisco, moved closer to bankruptcy after negotiations with its labor unions collapsed. Bondholders will likely be asked to sacrifice some of their investment if the city seeks bankruptcy protection, an attorney for the municipality said last … Read more