The soft real estate markets are affecting more than buyers, sellers, and real estate agents. Online real estate aggregator Zillow announced that it was laying off nearly 1/3 of its employees
Tootsie psp My Big Fat Greek Wedding movie due to the slowing real estate markets. They reduced their work force by 40 persons, leaving them with approximately 105 persons at the company. The heavily funded online real estate firm has received approximately $87 million in venture capitol monies to make a run at creating a national online real estate presence. But due to an expected ongoing soft real estate market, this has cut into the expected revenues for this Seattle based companies. Zillow currently makes their money through advertising revenue, and noted that this revenue has continued to grow (despite the fact that the revenues do not cover their current expenses).