#2 is just really too simple as well and doesn't cue Real Estate at all. I dont like the font either. I want them to be more modern and would like Real Estate more prevalent in them without being hokey. Again, I am much more inclined to look for something in the web 2.0 type of logo.
Definitely better, but I'm in an urban environment, for some reason the window screams country setting to me. Also, I'd like it to be long and rectangular rather than square. Thanks for the submissions so far.