Nikesh Parekh's Real Estate Blog

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  This is not news to anyone tangentially related to the real estate industry, but new home sales have hit their lowest level in the past 12 years.    The average home price dropped 10% to $219,000 in December 2007 from $244,700 in December 2007.  November new-home sales fell 13% to an annual rat...
More innovation in the online real estate business.  A team from TotalMove and VacationSpot (acquired by Expedia) have partnered with the General Catalyst's Joel Cutler, the venture capitalist behind, to create a new twist on real estate search. which publicly announced today...
Interesting article from John Cook's Venture Blog today.  Zillow entered online real estate in 2005, right before the real estate market started to cool at the end of 2005.  The company has grown like mad both from a traffic and headcount perspective.  For some reason, Zillow spoke with John Cook...
A group of angels and entrepreneurs in Seattle purchased a humor web site for cat lovers earlier this year called   Based on Alexa (which I know has its issues), ICanHasCheezburger has more pageviews than Zillow (another Seattle Web 2.0 start-up).  Pretty amazing.
Those of us who have worked in the online real estate industry are pretty familiar with the seasonality of the traffic patterns.  Generally, consumer traffic starts tapering off after school starts in September and then drops dramatically in November and December.  But for some reason, right afte...

Nikesh Parekh

Technology Entrepreneur, Executive, & Investor
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