Pete, ceo & co-founder - who has written 34 posts on Trulia Blog - Real Estate Blog.
As Trulia has evolved, we’ve worked hard to stick to a couple of core principles by which we make decisions. In the early days, it was just a couple of guys sitting in a university library coming up with ideas about how we would improve the online real estate experience based on our own personal [...]
Continue reading...Monday, August 31, 2009
The Newspaper Association of America has released the latest news showing the mass exodus of advertisers from newspapers. Here is the quick summary for changes Q2 2008 to Q2 2009: Print Advertising down 30.1%, Online Advertising down 15.9% and Classified Advertising down 40.4% Total Advertising (Print and Online) down 29% Real Estate Classified Advertising down 45.8% It’s the biggest drop [...]
Continue reading...Friday, April 10, 2009
Change is part of life and changes are part of the business world. Today, I am announcing a change in the product teams at Trulia. For the past three years, Jamie Glenn, has been the VP of Product Management and he is now moving on to new challenges outside of Trulia and real [...]
Continue reading...Wednesday, April 8, 2009
New from the WSJ . With all the troubles in the home builder market, some consolidation was inevitable. Pulte said the deal would result in cost savings of around 350 million dollars a year. Pulte Homes Inc. (PHM) will acquire Centex Corp. (CTX) in a $1.3 billion stock deal that the companies say would form the [...]
Continue reading...Friday, March 27, 2009
I saw this morning that the Newspaper Association of America released the 2008 figures for advertising revenues. Here is the news: Total newspaper advertising revenue fell 16.6 percent in 2008 over the previous year to 37.8 billion dollars. Print advertising revenue fell 17.7 percent to 34.7 billion dollars while online advertising revenue dropped 1.8 percent [...]
Continue reading...Monday, March 9, 2009
I stumbled across this article this morning about the detroit real estate market and how International investors are moving in to snap up detroit foreclosures and short sales. From the article: “Welcome to Landlord Nation, where foreclosure notices are plentiful and for-sale signs offer at least 1,800 homes for under $10,000 that once were worth at least [...]
Continue reading...Wednesday, February 18, 2009
Like many others, earlier today I watched President Obama’s mortgage relief plan delivered from Mesa, Arizona. I applaud him for the plan he laid out, but my optimism is tempered by the extraordinary challenge ahead and a concern that it may not go far enough, fast enough to turn the housing crisis around. Home ownership is [...]
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Tuesday, October 27, 2009
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