Locally-based real estate search site Estately kicked their technology up another notch yesterday, with the addition of past home sales information to every listing, as well as the expansion into Chicago and Long Island, New York.
I’ve been consistently impressed with how much Estately founder Galen Ward has been able to do on a shoestring budget [...]
As the housing market has slowed dramatically from the heady boom years of 2005 and 2006, the number of discount real estate brokers has been on the rise. While Redfin made a big splash in 2004, and continues to be the discount market leader, as the market tumbles other competitors continue to crop up.
As [...]
For those of you that have been waiting for Redfin to add the NWMLS Cumulative Days on Market to the information displayed on listings, your wait is over.
Redfin unveiled a bunch of new features today. Here’s a list of what I’ve noticed so far:
Cumulative Days on Market displayed
property type now broken down into:
House
Condo
Townhouse
Multi-family
Land
Other
search filters [...]
It looks like the tough real estate market has finally caught up to our favorite local real estate search innovator and discount broker Redfin. From the corporate blog:
Today Redfin laid off roughly 20% of our employees.
Unlike other startups, our industry’s recession started a year ago, when home prices first plunged.
Since then, we’ve fought like [...]
Redfin rolled out some great new statistical features today that are definitely worth mentioning.
Automated market statistics broken down by city, neighborhood, or zip code, with charts showing inventory, price per square foot, and price reduction trends over the last year.
CEO Glenn Kelman announces the new features in a blog post today:
Redfin released a big, beautiful [...]
There has been some great stuff coming out of our Seattle-area “alternative” real estate businesses Redfin and Zillow this week that deserve to be mentioned.
First up, Redfin came out with a great paper called Seven Tactics for Real Estate Bargaining. Check out their blog post announcing the study here. They analyzed recent sales [...]
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