New Spainish and German vertical real estate search engine
November 22, 2007 at 9:44 am | In europe, germany, nuroa, search, spain | Leave a Comment
With growing interest in the German property market, and the increasing influence of Spanish real estate; Nuroa.com presents an opportunity for property searchers to search in 3 different languages including Spanish, German and English. The site seems pretty comprehensive, giving users the opportunity to learn about local markets by including local blog posts and property guides in the search results. Surprisingly Nuroa’s search results aren’t displayed on a map, which is very unusual for a vertical search engine.
Is Darling guilty of criminal negligence?
November 21, 2007 at 11:02 am | In alistair darling, credit crunch, fraud, gordon brown, politics | Leave a Comment
Certainly somebody in his department is guilty of something. As the head honcho, Darling ultimately has to take full responsibility. His gross mismanagement of the Northern Rock situation and now his department puts at risk 25 million members of the general public?
Brown needs to act quickly and decisively. If not he will prove himself to be an even worse prime-minister than Tony Blair. At a time like this, when the global economy is so unstable, we need competent political leaders at the helm to guide us through the storm.
Art Krymski voted "Man At The Top"
November 21, 2007 at 9:36 am | In artemi krymski, awards, extate, media | Leave a Comment
Not only does he have the biggest pagerank (;
but Art (the artist) Krymski, the genius behind Extate.com was recently nominated at Esquire magazine’s prestigious Man At The Top Awards for Best New Idea.
Art found himself up against some pretty hefty competition including billionaire entrepreneur Philip Green and Mark Price who currently heads up the retail giant Waitrose. Art eventually lost to Simon Woodroffe, founder of YO! Sushi and the newly launched Yotel.
Hearty congratulations to Artemi, Doug and the rest of the Extate team. We’re expecting very big news from Extate over the weekend. Stay pinged to Renthusiast, for the exclusive as and when it happens.
Oodle now powering classifieds for Magic FM
November 19, 2007 at 1:33 pm | In classified, media, oodle, partnership | 1 Comment
Magic Radio the number one station in London announced this morning, their partnership with the newly revamped Oodle Network, to power classified search on the Magic FM website.
“Radio Stations, with their strong local consumer base, have a great opportunity with online classifieds, by working with Oodle and offering free online classified listings to their users Magic have a tremendous opportunity to grab a significant share of this fast developing market.”
claims Duncan Dunlop, General Manager Oodle UK. although he did not elaborate on how exactly Magic would make money from the deal. Oodle plans to share display and PPC revenues generated from the classifieds with Magic.
“Classifieds market is worth over 3bn in UK and is the fastest growing segment on line so if they can secure even a small market share, revenues will look after themselves,”
according to Duncan
“We have found that our listeners are avid classifieds users, we’re excited about letting our 2m weekly listeners have the chance to post their listings for free, as well provide them with access to the largest number of classifieds listings in London.”
said James Walden, Business Development Director at Magic Radio.
This is the second major media partnership Oodle has scored in recent months. Earlier this year, they announced a partnership with Sun.co.uk, the online home of the UK’s biggest tabloid and a top 50 website according to Alexa rankings
And speaking of Bayswater hookers …
November 19, 2007 at 12:12 pm | In Sophie Anderton, bayswater, celebrity, notting hill | Leave a Comment[warning some links NSFW]
Rat and Mouse has the story of the unhappy hookers in Bayswater, but the story in the Sun this weekend highlights the antics of British supermodel Sophie Anderton ; who has gone from this to this … all in an effort – supposedly – to buy a Notting Hill flat.
Well, even though Sophie is turning out to be not exactly the brightest of celebrities, at £10k per shag er ‘event’ she sure is one expensive b***ch lady of the evening. But apparently, she’s trying to get out of the business, so in a effort to help her clean up her act, I’ve done some rough calculations via Nestoria and it seems like the average 3 bed Notting Hill flat is now going for about £1,400,000. So at £10,000 / night means she only has to shag, escort 140 clients in order to buy the flat outright with cash (add legal fees, she might need a little more), or a mere 14 clients to come up with the standard 10% deposit.
At £10K per night however, the sex company better be real good, but with all the exposure (pardon the pun), she might have to reduce her price a little, in fact, she’ll probably have to reduce her price a whole lot if she still expects to get any more first class business.
Extate’s got the biggest pagerank
November 16, 2007 at 6:32 pm | In pagerank, search | 2 CommentsI’m not even sure … does pagerank mean much anymore?
But it’s always been important in getting high Google placement and it’s what differentiates the Goog from all the other search engines. With that in mind (and Friday afternoon boredom) I decided to check out which of the new vertical property sites had the biggest pagerank and low and behold Extate.co.uk came in first with 6/10; meanwhile Zoomf, Nestoria and Properrazi all scored 5/10.
[excuse the dodgy screenshots]
Both Extate and Rightmove scored 6/10
Nestoria, Zoomf and Properrazi all scored 5/10
But does this actually mean anything?
Nationwide forecast: 2008 UK house prices to ‘drop to 0%’
November 16, 2007 at 9:40 am | In forecast, housing market, nationwide | Leave a Comment
“House prices recorded another strong year in 2007, underpinned by significant economic momentum, ongoing housing shortages and strong buy-to-let demand. We forecast house price growth of 5-8% in December last year, and with two months left to go it looks like the middle to upper end of this range will be achieved. That being said, momentum is now fading, and a number of factors suggest that house price inflation will drop from its current rate of 9.7% to 0% by this time next year. The main reasons for this more subdued outlook lie on the demand side of the market, where a slowing economy, tighter credit conditions, stretched affordability for first-time buyers and lower house price expectations appear likely to reduce the level of activity. The supply-side of the market will still be characterised by widespread housing shortages, in spite of government targets to increase house building. These shortages will provide some offsetting support to prices amid the weaker demand environment, particularly in the south of the UK.
Fionnuala Earley, Nationwide’s chief economist
Britain’s biggest property company spliting up
November 14, 2007 at 10:11 am | In commercial, ftse, land securities | 1 CommentBig FTSE news this morning as Land Developments PLC, Britain’s biggest property company announces a 3 way split of its commercial property business. Currently this morning, the stock is trading down, but less than 1%
Rat and Mouse experiencing technical problems
November 14, 2007 at 9:50 am | In blogging, rat and mouse | 1 Comment
If you’re like me and can’t live without your daily hourly fix of London’s Property Blog, sad news as R&M is experiencing technical difficulties this morning and expect to be back up shortly. Thanks for your patience on behalf of Rat and Mouse. We’ll keep you posted
Update: Back up and running
Shiller predicts: 2008 "even worse than 2007" for US housing
November 13, 2007 at 1:57 pm | In forecast, housing bubble, shiller | Leave a Comment
Yale University economist Robert Shiller, co-developer of the S&P/Case-Shiller Home Price Indices, told Reuters Monday he believes the housing market’s slide is by no means nearing its conclusion.
Shiller said not only are forecasts of a bottom in 2008 probably wrong, but 2008 could see a decline even worse than that of 2007:
“There is a probability of a continuing decline for a period of years, bringing prices in many cities down in the 10s of percent, the bottom is hard to predict. I do not see it imminent and it could be five or 10 years too.”
Shiller gained prominence with the bestseller Irrational Exuberance
“We have seen housing bubbles many times in history, but they have been much more local than this one,” he said during the interview.
Shiller forecasts that the areas likely to be hardest hit by plummeting home values are those that saw the most precipitous ascents during the boom and those at the center of the subprime mortgage meltdown, with California and Florida well up on the list. The S&P/Case-Shiller Home Price Indices have seen eight consecutive months of negative annual returns for existing single-family homes through August. “Based on the futures market for the S&P Case-Shiller Composite Index, we are looking at home prices down another 5% in 2008,” Shiller said.
[Judith Levy]
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