Visiting New York always makes me feel like an impostor. Unlike everyone else here, I’m neither gritty nor suave. Yesterday, the subway broke down deep in the Bronx, and I looked so hapless on the street outside the station that a woman drove me over the Henry Hudson bridge to the A train, where a… Read More
Zillow announced today that the real estate media company raised $30 million in a round led by private-equity firm Legg Mason. What’s interesting to us is how the world is reacting to one of the biggest venture investments since the 1990′s. Becky Buckman at the Wall Street Journal speculates that the valuation was $350 million,… Read More
Ira Glass recently complained that though everyone aspires at some level to be a detective, it is rare in life that there are any actual mysteries to solve. We all know why the dog won’t leave the house alone anymore, what someone was looking for in our garbage, which family member has been drinking out… Read More
BusinessWeek is surveying its readers about the best new online real estate service of 2007. Somehow Redfin didn’t even make the list of contenders, probably because we’re not available in many U.S. markets. But we’re the only ones challenging the traditional real estate industry, by actually brokering the purchase and sale of homes. The world… Read More
The front page of yesterday’s New York Times business section discusses traditional real estate agents who are leaving the industry, those who have stayed, and — woo-hoo! — Redfin’s growth. The article has been the #1 most-emailed business story, but in the general polls still trails an expose of microwave popcorn’s role in lung disease… Read More