Founder & CEO, Trulia
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 […]
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 estate. Jamie […]
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 […]
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 […]
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 […]
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 […]
First news on MarketWatch on Obama’s plan to help halt foreclosures. There are two programs. One to help 4-5m struggling home owners with loans owned or guaranteed by Fannie Mae or Freddie Mac to help them refinance. The other is a loan modification plan with government subsidies to lenders to reduce their monthly interest payments. […]
Yesterday, I asked our Trulia Voices community to share their thoughts and ideas on how to improve housing in the world. We’ve received some good feedback already and are opening up the question to all. I’ll put together everyone’s comments and send them off to the President himself to make sure he hears your opinions. […]
When we started Trulia back in 2005, we had two big ideas that we thought could make Trulia into a successful business: The online real estate experience sucked and someone needed to fix it. Real estate advertisers wasted billions advertising offline that would be much better spent online. For Trulia watchers, you know that we […]
A long standing interest of mine has been the evolution of the newspaper industry. I’ve tracked the demise of the classified ad Industry on this blog in the past and the woes of the newspaper industry are constantly analyzed across the blogosphere and web. With the recent news of a 31% annual decline in total […]
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