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real estate: Great real estate ad
- 10/23/09 07:24 AM
Hat tip to Joel Burslem.
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real estate: Analyzing housing cycles abroad
- 10/19/09 10:01 AM
This study, "Booms and Busts in Housing Markets", from the European Central Bank (July 2009) provides an interesting look at housing cycles abroad. Specifically, it looks at long term trends in 18 countries from 1980-2007. Like most academic papers, it doesn't provide any earth-shattering analysis. But it does provide an interesting framework with which to understanding housing cycles, as well as a whole lot of proof of things that you probably already knew (e.g., interest rate policies affect housing booms).
Here is the most interesting graphic, and here is the full 50 page report.
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real estate: On Bloomberg TV discussing foreclosures
- 10/12/09 12:13 PM
Here's the analysis of foreclosures moving upscale.
The startling headline is this -- in 2006, the top 1/3 most expensive homes in each local area made up 16% of foreclosures. Today, the top 1/3 of homes make up 30% of foreclosures.
And here's the video from Bloomberg TV today discussing this and other issues. Sorry to come off as so pessimistic, but I call 'em like I see 'em. No spin here.
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real estate: On CNBC discussing housing
- 09/16/09 09:02 AM
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real estate: Real Estate Agent Survey by Credit Suisse
- 08/14/09 10:41 AM
Industry Realtor Survey 8-5-2009 … (3 comments)
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real estate: Zillow July 2009 Traffic Stats
- 08/04/09 08:20 AM
Zillow's July 2009 traffic stats are out, and as usual I'm pleased to share them with you. To my knowledge, we're the only online real estate company that actually publishes our exact traffic statistics each and every month. But that's just how we roll here at Zillow.
So without further ado, Zillow recorded 8.7 million unique visitors in July, 64% more visitors than July 2008. We had 14.6 million visits in July. (We prefer to look at Uniques, but I mention the total number of visits because some other companies sometimes cite Visits. All of our traffic data comes from our … (16 comments)
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real estate: Video: On Fox Business News talking about housing
- 07/29/09 05:17 AM
Sorry I couldn't be more optimistic, but I call 'em like I see 'em.
Here's the video.
And here's a link to me on CNBC yesterday as well.
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real estate: Low end homes are selling but new Appraisal Code hurting closings
- 07/13/09 06:12 AM
Industry Realtor Survey 7-8-2009 … (1 comments)
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real estate: Buyers in your city are using Zillow - June 2009 Traffic Stats
- 07/09/09 10:06 AM
I'm pleased to post our June traffic stats. As readers of this blog already know, I do this every month (or at least every month that I find time to do it).
First, a note about the data: at Zillow, we strongly believe that the only reliable way to measure traffic is with your own internal traffic logs. Publicly available sources like Comscore, Nielsen, Hitwise, Alexa and Quantcast all take small panels of Internet users and extrapolate to guess at your overall traffic. While we're very pleased that Hitwise and Nielsen consistently report that Zillow is now the 2nd largest real … (1 comments)
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real estate: How real estate agents can benefit from "Make Me Move" listings on Zillow
- 05/11/09 09:48 AM
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real estate: VIDEO: On CNBC discussing "shadow inventory" and negative equity
- 05/06/09 11:09 AM
Here's the Fox Business News clip which talks about negative equity. Unfortunately I can't embed the FBN clip.
And here's CNBC...
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real estate: Innovative Proposal to Stem Foreclosures: Pre-packaged Chapter 13 Bankruptcies
- 03/09/09 05:15 AM
Chapter 13 Pre Pack Publish at Scribd or explore others: … (1 comments)
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real estate: You Speak, We Listen: Non-listing Agents Can No Longer Mark a Home as “For Sale”
- 03/05/09 10:54 AM
Two years ago when launching our first round of community features, including Home Q&A, we included a feature to “tell us it’s for sale” – figuring that many conversations start around homes on the market, and if the home isn’t listed on Zillow then the community might want to notate that it’s for sale. Some brokers who didn’t like the feature argued that it allowed someone other than the listing agent to “advertise” the listing, which is a no-no. Our position was always that it is a conversation piece about that home, the type of thing that someone in the community … (5 comments)
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real estate: Making Home Affordable
- 03/05/09 03:08 AM
Baffled by the specifics of the Obama housing plan? Me too. So is everyone.
My friends over at ZillowBlog spent hours sorting through the details though, and here's a concise explanation of what it means to you and to your clients: "Making Home Affordable".
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real estate: What me worry?
- 07/22/08 04:17 AM
Recession? Layoffs on Wall Street and Main Street? Banking crisis? Don't tell it to these people.
I'm in Palo Alto today to give a speech about Zillow at the UBS Global Technology Conference. The place is jampacked with venture capitalists, institutional investors and tecnology analysts. Blackberrys and iphones are buzzing, and there's altogether too much networking happening over breakfast plates of pineapples and melons. If we are in the midst of a recession (which we are, by the way), then no one has told these people.
Which brings up another imponderable I've been noodling. I keep reading that people … (2 comments)
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real estate: NWMLS Membership - doubled between 2004 and 2006
- 04/29/08 02:05 AM
I had the pleasure of seeing Pat Grimm, the owner of the Capitol Hill Windermere office, speak yesterday at the Rainier Club Real Estate Roundtable. He shared this fascinating statistic:
2004 NWMLS # of sales associates: ~15,0002006 NWMLS # of sales associates: ~30,000Entering 2008, we were still at about 30,000 real estate agents in the Northwest, and so far we've only had a few dozen leave the industry in 2008. I'm sure there is a day of reckoning coming, probably later this year. There just aren't enough transactions to support this many agents.
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Hat tip to Joel Burslem.
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