Future of Real Estate Marketing » Greg-Schwartz http://www.futureofrealestatemarketing.com Just another WordPress weblog Sat, 09 Jul 2011 21:16:42 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Weekend Discussion Thread: Online Advertising Slump? http://www.futureofrealestatemarketing.com/2007/10/12/weekend-discussion-thread-online-advertising-slump/ http://www.futureofrealestatemarketing.com/2007/10/12/weekend-discussion-thread-online-advertising-slump/#comments Fri, 12 Oct 2007 17:40:45 +0000 Joel Burslem http://www.futureofrealestatemarketing.com/weekend-discussion-thread-online-advertising-slump REAL ESTATE AGENTS GET FREE ADVERTISING by being one of the first to rate a neighborhood. Market yourself LOCALLY online. Share your knowledge and get free advertising on NabeWise.com today!
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They Said:

Internet Recession Watch: Falling Ads, Taxes, Housing

Yesterday, Nielsen reported that spending by the top 10 web customers dropped in September vs. August. Homebuilder Beazer said that a whopping 68% of customer sales contracts were cancelled in Q3. Countrywide said Q3 lending volume dropped 44% year over year. Recent sales tax receipts in 25 states have dropped to “recession levels.” Several major retailers missed sales estimates for September (Target, JC Penney, Nordstrom).

He Said:

Questions for Greg Schwartz, VP of Sales at Zillow

Volatility is good for our traffic because people are quite interested in the value of their homes and they’re researching it. They’re spending a lot of time with us, even more so than in the past. The second thing is we have a very, very affluent audience…. Our [users] aren’t typically subprimers…All those [advertisers] targeting prime lending are still [advertising].

Your thoughts?

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