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Thursday, October 15, 2009

Sawbuck to Stay Classy in San Diego

Stay Classy San DiegoTonight, we launched Sawbuck in San Diego.

For the past month, our developers have been overhauling the system we use to configure, download, store and reconcile data from so many different sources. As we’ve said before, every MLS has different data and different rules, and we try to make them all work together seamlessly. San Diego is our first new market since this overhaul, and has served as sort of a guinea pig. But these changes should allow us to add new markets more quickly—and stay current with data changes in existing markets more easily—as we move forward.

We’ve added approximately 130,000 San Diego area homes to our database, including 8,500 active listings and over a million photos. The second of these numbers is pretty remarkable. There are only 8,500 homes for sale in the entire San Diego metro area—and only 3,800 listed under $500,000. While prices have dropped considerably in the last two years, the market—especially for lower priced homes and condos—is incredibly tight.

As in other markets, we’re here to give buyers and sellers access to tons of useful data including detailed market stats and real-time updates on every new listing, price change, contract and sale. Our Advisors and local agent partners are standing by, ready to help San Diegoans find the right home, a great agent and the best mortgage deal—guaranteed.

We’re excited to extend our coverage in Southern California all the way to the border, and look forward to continued expansion in the fourth quarter—to the Bay Area, Chicago, Philadelphia and Boston.

Thanks to everyone on our hard-working team for another successful launch.

Guy Wolcott on Thursday, October 15, 2009 9:47 AM | Sawbuck Business
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