Real estate

Fairfax’s Melina Cruickshank heads Domain’s new ‘Content & Audiences’ unit

Australian real estate portal Domain has set up a new ‘Contents & Audiences’ unit headed by Melina Cruickshank, who was previously group director of parent company Fairfax Media’s Life Media. The announcement was made through an internal memo to staff, reported Australia’s AdNews. In it, Domain CEO Antony Catalano said: “We are creating a new functional area...

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LiquidSpace rental market gets $14 mil

LiquidSpace, the online marketplace for short-term office space rental, has just landed $14 million in Series C funding led by Shasta Ventures, and Lucas Venture Group. According to CrunchBase, the Palo Alto, Calif.-based startup will use the funds to hire and to expand its supply of on-demand workspace. Launched in 2010, LiquidSpace has 1,000’s of open desks, team space, private offices,...

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Auction.com debuts Nowcast predictor

Auction.com’s new Nowcast is using big data to be an early predictor of home sales and related market trends, via monthly report. Here’s the blog announcement: Auction.com Launches Real Estate’s First “Nowcast” Have you ever wished that housing indexes were timelier? That they provided you with data about current home sales and prices, rather than last month’s or last...

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Weaker Q3 for iProperty, says spending on investments for future growth

m4s0n501 iProperty Group’s Q3 (July to September) cash position dipped 9.8 percent to a loss of AUD949,000 (USD838,000) from the six months ending June, 2014. The Group attributes the weaker performance to seasonality around events revenues, a change in revenue amortisation and one-off costs associated with acquisitions and investments. In a statement, the Group says it made “vital...

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U.S. zombie homes down 23%: RealtyTrac

The number of  zombie homes – foreclosures left vacant – are down in the U.S. by 23 percent since this time last year, though in 60 metro areas such as New York City, Miami, Chicago and Philadelphia   they’ve actually increased. This is according to a report by distressed-property listing site and network RealtyTrac. Here’s the announcement: Vacant “Zombie”...

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HomeAdvisor revenue up 20 percent as IAC income triples

IAC, parent of  HomeAdvisor, just reported in Q3 2014 the home-improvement service marketplace veteran boosted its revenue year-over-year (YOY)  by 20 percent. Paying service providers jumped 30 percent since this time last year.  That good HomeAdvisor news resulted in a 17 percent  increase in IAC’s e-commerce category.  Overall IAC revenue grew 3 percent YOY, while net income more...

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