Real Estate Market News
We asked our Facebook followers what they thought of NTREIS’ Matrix system, the update for the Tempos MLS system. While some agents seemed to love the new system, which now works with Mac OS and iOS devices, there are several problems that agents reported. “Wow. Strange happenings. On my listing on desktop version of ntreis…
I could not be happier to see that Arthur Greenstein and his Uptown Locators has been acquired by Briggs Freeman Sotheby’s International Real Estate to add a new division to the leading boutique broker’s already haute luxury services: luxury leasing. And they could not have found a better agent, or person, in Arthur. First of…
Bloomberg reports: Zillow Inc. is seeking to acquire rival Trulia Inc., people with knowledge of the matter said, in a move to combine the two most-visited U.S. real estate websites. Shares of both companies jumped. Zillow could value Trulia at as much as $2 billion in a purchase, and an agreement may be announced as soon…
You may have gotten the message: newspapers and some print products are in financial trouble. Newspapers, and now even broadcast, has a shrinking audience. The number of people who used a print newspaper in the last week to get local news ranged from 36% in metro areas to 42% in small cities, according to a study released…
Recall that in March, we told you that the biggest battle brewing in the U.S. right now is between Realtor.com, owned by the National Association of Realtors, its digital company Move.com, which operates Realtor.com’s websites and social media, and Zillow, the huge and ever-growing third party real estate beast portal that agents both love and hate. Recall all those defections to…
