Today, the 15th annual Webby Awards nominees have been announced which includes multiple nominees in the real estate industry.
The Webbys are an annual global award presented by the International Academy of Digital Arts and Sciences for excellence on the Internet.
The four categories are websites, interactive advertising, online film plus video and mobile with numerous subcategories, each of which are given two awards- top winner and people’s choice.
This year in the Website Category’s subcategory real estate category, five companies have been nominated:
No other category named a real estate related company, however, Zillow Mobile got a nod in the “Utilities & Services” subcategory in Mobile for their apps on iPhone, iPad, Android, and Windows Mobile. Other nominees in the category are AIM iPhone App, Chase Quick Deposit, Petfinder App, and the Snow+Rock Pathfinder WP7 App.
Winners and nominees of years past:
The real estate category was added in 2005 and one anomaly that is noteworthy is that every year, traditional news organizations (either NYT or WSJ) are nominated but have yet to win an overall award or a people’s choice award in the category.
Also of note is that no winner has won the overall award or people’s choice more than once (although several have one in one or the other but no more than twice) and that each year, a brokerage is named but has yet to win.
Let’s take a look at winners of the past so we can make predictions for 2001.
- 2010 Winner- HotPads, People’s Choice- Zillow. Other nominees- Trulia, NYT Real Estate Section (NYT), NakedApartments.
- 2009 Winner- Trulia, People’s Choice- HotPads. Other nominees- NYT, RiverFrontPark.com, BHGRealEstate.com.
- 2008 Winner-Zillow, People’s Choice- Trulia. Other nominees- RentoMatic.com, LivingHomes.net, Unit9.com.
- 2007 Winner- bankside123.co.uk, People’s Choice- Yahoo! Real Estate. Other nominees- Corcoran.com, NYT, WSJ Real Estate Section (WSJ).
- 2006 Winner- NRDC.org/buildinggreen, People’s Choice- TollBrothers.com. Other nominees- HomePages.com, lohorealty.com, ChipsForSale.co.uk.
- 2005– Winner- RowsAtSoma.com, People’s Choice- Apartments.com. Other nominees- Rent.com, WSJ, HousePlans.com.
Predicting the 2011 winner:
So now that you know history hasn’t awarded a brokerage nor repeated a winner in a category, nor awarded a traditional media outlet, this HAS to be the year that trends are bucked because that leaves no one that could win based on the winners of the past. That said, who do YOU think will win in the real estate category?
Click here to vote on the Real Estate Webby Awards for 2011
and feel free to share your vote in the comments below and let us know why you think your choice will win.
Austin tops the list of best places to buy a home
When looking to buy a home, taking the long view is important before making such a huge investment – where are the best places to make that commitment?
Looking at the bigger picture
(REALUOSO.COM) – Let us first express that although we are completely biased about Texas (we’re headquartered here, I personally grew up here), the data is not – Texas is the best. That’s a scientific fact. There’s a running joke in Austin that if there is a list of “best places to [anything],” we’re on it, and the joke causes eye rolls instead of humility (we’re sore winners and sore losers in this town).
That said, SelfStorage.com dug into the data and determined that the top 12 places to buy a home are currently Texas and North Carolina (and Portland, I guess you’re okay too or whatever).
They examined the nerdiest of numbers from the compound annual growth rate in inflation-adjusted GDP to cost premium, affordability, taxes, job growth, and housing availability.
“Buying a house is a big decision and a big commitment,” the company notes. “Although U.S. home prices have risen in the long term, the last decade has shown that path is sometimes full of twists, turns, dizzying heights and steep, abrupt falls. Today, home prices are stabilizing and increasing in most areas of the U.S.”
Average age of houses on the rise, so is it now better or worse to buy new?
With aging housing in America, are first-time buyers better off buying new or existing homes? The average age of a home is rising, as is the price of new housing, so a shift could be upon us.
The average home age is higher than ever
(REALUOSO.COM) – In a survey from the Department of Housing and Urban Development American Housing Survey (AHS), the median age of homes in the United States was 35 years old. In Texas, homes are a bit younger with the median age between 19 – 29 years. The northeast has the oldest homes, with the median age between 50 – 61 years. In 1985, the median age of a home was only 23 years.
With more houses around 40 years old, the National Association of Realtors asserts that homeowners will have to undertake remodeling and renovation projects before selling unless the home is sold as-is, in which case the buyer will be responsible to update their new residence. Even homeowners who aren’t selling will need to consider remodeling for structural and aesthetic reasons.
Prices of new homes on the rise
Newer homes cost more than they used to. The price differential between new homes and older homes has increased from 10 percent traditionally to around 37 percent in 2014. This is due to rising construction costs, scarcity of lots, and a low inventory of new homes that doesn’t meet the demand.
Are Realtors the real loser in the fight between Zillow Group and Move, Inc.?
The last year has been one of dramatic and rapid change in the real estate tech sector, but Realtors are vulnerable, and we’re worried.
Why Realtors are vulnerable to these rapid changes
(REALUOSO.COM) – Corporate warfare demands headlines in every industry, but in the real estate tech sector, a storm has been brewing for years, which in the last year has come to a head. Zillow Group and Move, Inc. (which is owned by News Corp. and operates ListHub, Realtor.com, TopProducer, and other brands) have been competing for a decade now, and the race has appeared to be an aggressive yet polite boxing match. Last year, the gloves came off, and now, they’ve drawn swords and appear to want blood.
Note: We’ll let you decide which company plays which role in the image above.
So how then, does any of this make Realtors the victims of this sword fight? Let’s get everyone up to speed, and then we’ll discuss.
1. Zillow poaches top talent, Move/NAR sues
It all started last year when the gloves came off – Move’s Chief Strategy Officer (who was also Realtor.com’s President), Errol Samuelson jumped ship and joined Zillow on the same day he phoned in his resignation without notice. He left under questionable circumstances, which has led to a lengthy legal battle (wherein Move and NAR have sued Zillow and Samuelson over allegations of breach of contract, breach of fiduciary duty, and misappropriation of trade secrets), with the most recent motion being for contempt, which a judge granted to Move/NAR after the mysterious “Samuelson Memo” surfaced.
Salt was added to the wound when Move awarded Samuelson’s job to Move veteran, Curt Beardsley, who days after Samuelson left, also defected to Zillow. This too led to a lawsuit, with allegations including breach of contract, violation of corporations code, illegal dumping of stocks, and Move has sought restitution. These charges are extremely serious, but demanded slightly less attention than the ongoing lawsuit against Samuelson.
2. Two major media brands emerge
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