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Brave New World

John Cook's Venture Blog - Zooming in on real estate listings

Online aerial maps are changing the way people look for new homes. Kirkland-based HouseValues Inc. entered the game today with a free service called HomePages.

As my story points out today, HouseValues is one of a number of entrants in this emerging category. Others include Seattle-based Redfin -- backed by Madrona Venture Group -- and San Francisco-based Trulia -- a Stanford University project with undisclosed investors.

And then there is Seattle-based Zillow -- the mysterious online real estate project founded by former Expedia Chief Executive Rich Barton.

There are some very interesting links here. One of the real problems that we as real estate agents have these days is trying to keep up with the new sales technologies that threaten to overwhelm us. The only thing that changes faster than our inventory is the ways we have to manage and sell it.

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There's also www.housingmaps.com

Check out 5 business day SF housing medians...

culled from SFGATE

July 6, 780k

July 19 786k

July 26 799k

Aug 2 765k

Aug 17 750k

Aug 24 749k

Aug 30 740k

Sep 14 735k

Sep 28 730k

plot it on a graph to comprehend we are currently in Mid-October and probably already 10% off the peak in June and July! And falling fast. Can you hear the hissing sound...

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