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Globrix makes U.K. property search simple

By Joel Burslem, Wednesday, September 3, 2008.
Globrix screenshot

Despite a faltering property market, the market for UK based real estate search sites seems as resilient as ever.  more...

SecondSpace announces new CEO

By Inman News, Wednesday, September 3, 2008.

SecondSpace Inc., a company that offers a range of international property-search sites, today announced the appointment of a new president and CEO. Satbir Khanuja, who previously served as senior vice president of marketing and business development for the company, succeeds Anil H.P. Pereira, the company's founder and former CEO. Khanuja will alo sit on the company's board of directors. Pereira will "continue to serve the company as a strategic adviser as he relocates to Silicon Valley to engage in new technology endeavors," according to the announcement.  more...

Zip, Zap, Rising Stars and REOs Premium Content

By Pooja Kumar, Wednesday, September 3, 2008.
<a href="http://www.inman.com/video/inman-tv/2008/09/10/day-in-life-david-kerr-ziprealty">Click here to view video</a>.
Related Podcast/Video: 
Day in the Life: David Kerr, ZipRealty

Editor's note: Real Estate Day in the Life is a recurring Inman News segment in which we spend time in the field with real estate agents. These articles seek to offer insight about everyday issues in the real estate industry, differences in agent approaches to their work, and the wide variety of brokerage business models.

ZipRealty agent David Kerr's office includes rows of real estate-related manuals and books, a copy of "Poetry of Robert Frost," his desk and computer, and an assortment of cat toys.  more...

Mortgage apps multiply

By Inman News, Wednesday, September 3, 2008.

Mortgage applications grew 7.5 percent last week on a seasonally adjusted basis from the week before, boosted by a surge in purchase loans, the Mortgage Bankers Association reported today.

The purchase-loan index component rose 10.5 percent Aug. 22-29, followed by a 2.1 percent increase in the refinance index, according to MBA. The government purchase index comprised largely of FHA loans jumped 19.9 percent.  more...

The commission debate continues ...

By Inman News, Wednesday, September 3, 2008.

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Construction spending slides

By Inman News, Wednesday, September 3, 2008.

Spending on residential construction projects in July fell 27.5 percent from a year ago, the U.S. Census Bureau reported this week. The seasonally adjusted annual rate of private residential construction was $357.8 billion in July, compared with $493.6 billion a year earlier, and was down 2.3 percent from $366.1 billion in June '08. Spending has fallen in each of the last 17 months.  more...

Woopra is in demand Premium Content

By Matt Carter, Wednesday, September 3, 2008.
Screenshot of Woopra.com

One of the best-known tools for gathering Web site metrics is Google Analytics. But competitors such as Visistat and Woopra are targeting real estate professionals, saying they can provide more sophisticated analysis in an easier-to-use format.

Woopra's founder and CEO John Pozadzides said that three months after launching, the company had more than 25,000 users and was monitoring 40 million page views a day.


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Hedging your bet on real estate commissions

By Inman News, Wednesday, September 3, 2008.

In the real estate business, a deal is not always a done deal.

There are a variety of factors that can derail a home sale, and the failure rate tends to accelerate in an environment of slumping sales and prices. That is bad news for agents, as they may invest money in marketing a home for sale with no guarantee that they will recoup that investment if the home does not sell.  more...