Monthly Archives: February 2010

Breaking Ground A new report from the Commerce Department showed that residential construction increased in January, driven by a 9.2 percent increase in new apartment and multifamily developments. Total construction, which includes both single and multifamily projects, rose just 2.8 percent. [Wall Street Journal, subscription] This is an encouraging start to the year as in [...]

Some time ago, we had a few renditions of the MyNewPlace Apartment Rental Match Game, wherein contestants would match the renter with their apartment. We had one practice round with famous personalities and their apartments and one round with reader submitted photos. Today we are going to do a new spin on it, using famous [...]

Last week, I was prevented from visiting Washington, DC because a very large deluge of snow was going to get there before my airplane. That initial snowstorm was followed in short order by another foot of snow (relatively small compared to Saturday’s storm, but relatively huge compared to that region’s typical winter accumulation). Since last [...]

We are very happy to announce that according to January’s Real Estate report from Hitwise, MyNewPlace is now the tenth most visited site in the Real Estate Industry. Our market share increased 20 percent from last month, from 1.28 percent in December 2009 to 1.53 percent in January 2010. (By market share we mean the [...]

Yesterday, we took a broad look at the real estate vertical by comparing for rent search terms with for sale search terms and found that the market share of for rent terms had overtaken that of for sale terms in 2009. Just to review, by market share for search terms, we mean the percentage of [...]

In the real estate space, rent search terms surpassed the market share than sale terms in 2009, according to Hitwise Real Estate Weekly Reports, a seeming online reflection of the housing crisis. Are there a few terms that are swinging the tally or is the long tail responsible? In either case, what does this mean [...]