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What $800 Billion Buys You: 7.6% More Pageviews

After Tuesday’s announcement of a monster $800 billion stimulus package led to the largest mortgage-rate drop in seven years, on the same day that the latest Case Shiller data showed the largest-ever year-over-year drop in home prices, we wondered if more home-buyers might start poking at Redf... (original story)

Good News for People Who Like Bad News (Redfin Upgrade is Working)

We waste a lot of time at Redfin trying to predict the future. Every business does I guess, but the speculation at a startup is especially poignant because the future is where you’ve pinned all your hopes. When we launched the big upgrade to our home-buying service, with unlimited home tours, ... (original story)

Redfin on TechCrunch: The First-Time CEO’s Recession-Survival Guide

Many thanks to Michael Arrington and Erick Schonfeld for publishing an essay this morning on what I’ve learned as a CEO during the downturn. Did anyone notice that the picture of Arnold in “Predator” is strikingly similar to the picture of me? The premise of the post isn’t th... (original story)

I Was Wrong and Sasha, Todd and Altar555 Are Right

Well, I feel a little embarrassed now. After reading about Apple’s advertising budget on TechCrunch, I complained yesterday that, for its size, Apple spends more money on marketing than Microsoft. In the comments on that post, Sasha Aickin pointed out that Microsoft spends more ad dollars than... (original story)

Where are buyers getting the biggest discounts?

While the number and speed of price reductions is certainly interesting information (to some), what really matters to folks out there in the market right now is the size of price reductions. Better yet, how receptive are sellers to accepting an offer below their asking price? Let’s get down t... (original story)

See! See! Apple is the Marketing Bully

Last September, when Microsoft first launched its “I’m a PC” ads, we pointed out that Apple was a marketing behemoth, and Microsoft was the nerdy engineering company:  We think of Apple as a products company, and Microsoft as a business behemoth, but Apple is the company that floo... (original story)

Redfin Open Houses

1.)1803 Bigelow Ave N, Seattle $1,750,000 Open Saturday, November 22nd, 1-4pm 2.) 11987 SE 4th Pl #502, Bellevue $419,500 Open Sunday, November 23rd, 1-4pm (original story)

Come to Our Home Buying Class

Just a quick reminder that we’ll be hosting a free home buying class tomorrow night at our offices at: 35 Medford St Suite 305 Somerville, MA 02143 Topics we’ll cover include: The Home Buying Process Mortgages State of the Market Working with Redfin Our agents will also be on hand for... (original story)

Which Neighborhoods Have the Fastest Price Reductions?

Here’s a fun set of data. Redfin data engineers have dug deep into our market databases to find out which neighborhoods have the fastest price reductions. For listings with more than one price drop, we calculated the time between each price drop. Then, for each neighborhood, we calculated th... (original story)

Open House 2Br in Lake Merritt

Open House Date and Time: Saturday & Sunday, November 15th & 16th, 12-4pm 492 Staten Avenue 203 Oakland, CA 94610 Seller Comments Building and Neighborhood:A High style 1600 ft2, 2 bedroom/2 bath condominium in Lake Merritt’s famous landmark Art Deco high rise: The Bellevue-Staten. Loca... (original story)

Promoting Your Home For Sale On Twitter

We think Lisa Hurt is the first Redfin seller to promote her home for sale in Bothell with Twitter! While Lisa is new to Twitter it’s exciting to see sellers using different online mechanisms to promote their listings. I definitely think that Twitter, especially if you have a decent number of ... (original story)

Web-Powered Supercitizens

The New York Times published yesterday an article about how Barack Obama is using social networks not just to raise money but also to communicate directly with citizens. It is a measure of how much many folks on the web believe in Obama as their candidate that he is being now lobbied via the web. [.... (original story)

Redfin Open Houses

1.) 11987 SE 4th Pl #502, Bellevue $419,500 Open Sunday, November 16th, 11-4pm 2.) 15604 111th Ave NE, Bothell $629,950 Open Sunday, November 16th, 1-4pm (original story)

Citizen Kane Starts a Blog

Following Andreas Kluth’s essay in The Economist, Nicholas Carr, author of Does IT Matter? and the recent Atlantic essay “Is Google Making Us Stupid,” said on Friday that the blogosphere is dead: While there continue to be many blogs, including a lot of very good ones, it seems to ... (original story)

Seattle Area Redfin Open Houses

1.) 1803 Bigelow Ave N, Seattle $1,750,000 Open Saturday, November 8th, 1-4pm 2.) 11987 SE 4th Pl #502, Bellevue $419,500 Open Saturday, November 8th, 1-4pm (original story)



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