54% of American Adults Now Believe Housing Recovery Remains Unlikely Until 2014 Or Later
Today, we released the latest results of an ongoing survey about American attitudes toward foreclosed homes that we’ve been teaming up with RealtyTrac on since 2008. Lately, we’ve been hearing a lot about falling home values and the flood of foreclosures that are still on the market.
Given these market factors, we wanted to see how they might have impacted how people feel about the housing recovery. Interestingly, what we found in our survey, is that more half of Americans adults believe recovery in the housing market will not happen until 2014 or later. In a previous survey conducted six months ago , 42% thought the market would turn around by 2012 or had already turned around. Now, only 23 percent continue to think this will happen.
To see the full findings, check out this slide show:
[UPDATE]: Pete Flint, CEO of Trulia, and Rick Sharga, SVP of RealtyTrac, discussed the results of our consumer survey on American attitudes toward foreclosures during our semi-annual industry conference call on May 18, 2011. See below to listen to a recording of today’s discussion.
Trulia Joined by Colorado Governor Hickenlooper to Officially Open Denver Office
On Monday, we were honored to be joined by Colorado Governor John Hickenlooper to officially open the newest Trulia office in the Denver area. It was an exciting and festive day. The Governor and other local notables were able to tour the office and get a sense for the fun and exciting Trulia culture. In Denver, our rapidly growing office is home to a stellar group of customer service and sales staffers, and we have plans to grow the team by 50 more by the end of the year.
Check out pictures from the event:
- Trulia Podium w logo
- Pete at Podium
- Ribbon Cutting
- Touring the office
- Handshake
We want to send many thanks and lots of gratitude to Governor Hickenlooper and his team for being a part of our event and welcoming Trulia to the great state of Colorado.
Seis de Mayo @Trulia
Can someone say fiii-essss-taaaa?! Last Friday, Marketing @Trulia celebrated our version of this memorable holiday by hosting Seis de Mayo! And in true celebratory fashion, we commenced the occasion with cervesas, la musica, hot pepper eating contest and wrestling matches. We could go on and tell you how much fun everyone had, but we’ll let the pictures speak for themselves!
Trulia En Fuego: Pepper Eating Contest!
Muy Macho Mucho Muscle Contest
Love it? Think you’d be a great fit in Trulia’s unique culture? Check out our jobs page for opportunities!
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Trulia Releases Whitepaper, “Syndication: Identifying and Eliminating Inaccurate Listing Data”
One of the most common complaints we hear from consumers about searching for homes online is that many online property listings have the wrong price or status. On March 3rd we announced Trulia Direct Reference (TDR), a quality assurance system which allows local Multiple Listing Services (MLSs) and agents to find out and correct inaccurate data within their markets to ultimately enable the best possible consumer experience for everyone’s benefit.
In this whitepaper we cover recent findings gathered through the first few months of data testing for Trulia Direct Reference. Trulia analyzed over 430,000 listings we received from syndicators, franchisors, brokerages, agents and MLSs between February 15 and April 15, 2011. Download the whitepaper now.
This analysis surfaced three key points:
- Error Rates by Source – Data providers who syndicate data that didn’t originate at the MLS have some of the highest error rates of all sources, with over 21% of the data containing an error in either price or status.
- Value of Syndication by the MLS – An MLS that proactively syndicates for their membership will ensure a higher level of data accuracy in their area. An MLS that does not syndicate for their membership inadvertently creates an environment that results in a significant increase of disparate data sources resulting in less accurate date online.
- Opt-in vs. Opt out syndication – Opt-out syndication by the MLS dramatically reduces the proliferation of errant data across the Internet by over 60%.
Trulia Direct Reference is 100% free of charge to participating MLSs, who can join on a first come first serve basis. If your MLS is interested in participating in Trulia Direct Reference email us at TruliaDirect@trulia.com .
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