Technology

Realtor.com regrets, bulls and bears, and underestimate Redfin at your own expense

Does Rupert Murdoch have his hands on the carpet under Zillow's feet?

Learn the New Luxury Playbook at Luxury Connect | October 18-19 at the Beverly Hills Hotel

Small talk If he could change one thing during his tenure at Move, former CEO Steve Berkowitz lamented: “I wish we had made the changes at realtor.com to be competitive sooner." Ha-ha-ha. Did you really think NAR would be easy to work with? Enjoy your freedom, Steve! Jaw-dropping talk Congrats, Glenn. Anyone who underestimates this guy is crazy. Quirky, yes. Direct, yes. Master fundraiser, yes. True entrepreneur, yes. Irritates the hell out of the industry, YES! Bullish talk U.S. GDP continues to increase in the 3 to 4 percent range next year. Savings rate rises. Consumer debt load declines. Home prices rise. Wages grow. Inflation remains in check. Unemployment drops. Bearish talk Interest rates tick up. Collapse of oil prices kills luxury real estate market. China real estate market goes bust. Global recession takes hold. Stock equities continue to decline, depressing consumer confidence. Global volatility creates economic uncertainty...