redfin

Real estate brokerage site Redfin suffers outage

Zillow has gone public. Trulia just announced it was going public. Redfin, another established online real estate brokerage, hasn't announced any plan to go public yet, but it is making news. The site went down for several hours Saturday morning, keeping weekend home shoppers in the dark.

The company posted a tweet to explain its troubles: "We are having a little Saturday morning tussle with our master database; we're working on it and will be back up as soon as we can."

Update, 11:05 a.m. PT: Redfin sent the following statement to CNET, referring, … Read more

Trulia: Bucking the layoff trend

Real-estate sites had some tough times last week. First, Redfin, an online brokerage for residential real estate, announced that it was laying off 20 percent of its staff, then Zillow, a service that delivers home values and lists sales, announced that it was forced to lay off 25 percent of its workforce.

But Trulia, which lets buyers find homes for sale across the United States, says it has no layoff plans and that it has enjoyed so much growth, it's actually looking to expand.

"We are not making any layoffs. All companies need to be smart in this … Read more