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June 16, 2007 — Glass Half Full

From Inman Blog:

The housing market may be buckling under, but the trend isn’t slowing down the online real estate community, which has ample talent, passion and money.
1. Capital: In the last two years, Zillow, Redfin, Move and Trulia have landed big rounds of fresh funding. Google, Yahoo!, MSN and AOL have renewed interest in the category. I frequently receive calls from venture firms, asking about this or that start-up. A swirl of angel funding is helping interesting early stage companies. With the transformation of television to the Web, look for the big TV players to seek opportunities with the online realty category.
2. Brains: Young, bright, educated people are getting involved in the online real estate category again. They are working at online firms such as Zillow and Trulia or jumping in with their own start-ups or blogs. Example: Vanessa Fox leaves Google for Zillow. Plus a new generation of well-educated and tech saavy Realtors are joining the industry. Have you met Kevin Boer, Realtor, 3 Oceans Real Estate or Florida’s Ryan Roslansky?

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