Trulia was up for sale 3 years ago

Trulia was up for sale 3 years ago

Trulia hired investment bank Qatalyst Partners three years ago to negotiate a sale of the company and although it was unable to swing a deal at the time, Qatalyst is collecting a fee now that JPMorgan has negotiated a sale ......
Wednesday, July 30, 2014
Forget drones — Coldwell Banker broker is flying Blackhawk helicopters

Forget drones — Coldwell Banker broker is flying Blackhawk helicopters

After the bottom fell out of the real estate market six years ago, newlywed real estate broker Matthew Hanks joined the Army National Guard to help bring in some extra income. “I was just searching for any way I could ......
Wednesday, July 30, 2014
Toledo lost almost half its Realtors in the downturn. Are they ever coming back?

Toledo lost almost half its Realtors in the downturn. Are they ever coming back?

The Toledo Board of Realtors had more than 2,000 members before the bottom fell out of the housing market. Today membership is slowly climbing back from a post-recession trough of around 1,100, as interest in a career in real estate ......
Tuesday, July 29, 2014
Househappy raises $2M, parts ways with marketing maven Ekaterina Walter

Househappy raises $2M, parts ways with marketing maven Ekaterina Walter

After raising $1.5 million in November, Househappy, the photo-driven real estate portal that launched in March 2013, has raised more cash, GeekWire reports. The Portland, Oregon-based firm has raised $2 million of a $2.75 million funding round, Geek...
Friday, July 25, 2014
Canada’s highest court staying out of legal battle over Toronto VOW rules

Canada’s highest court staying out of legal battle over Toronto VOW rules

The battle over restrictions imposed by the Toronto Real Estate Board on the display of sold and pending listings by “virtual office websites” continues, after Canada’s highest court declined to get involved this week. Canada’s Competitio...
Friday, July 25, 2014
5 elephants that the real estate industry doesn’t want to acknowledge are in the room

5 elephants that the real estate industry doesn’t want to acknowledge are in the room

Speaking at a California Association of Realtors event, consultant Rob Hahn laid out what he calls “five unspeakables” that real estate industry leaders don’t like to hash out in public: Too much incompetence. Agent teams are the fu...
Wednesday, July 23, 2014
Tougher standards for mortgage insurers could give newcomers an edge

Tougher standards for mortgage insurers could give newcomers an edge

Some private mortgage insurers who have been regaining market share lost to the Federal Housing Administration during the downturn could soon be forced to implement price increases in order to meet risk-based standards proposed by Fannie Mae and Fred...
Tuesday, July 22, 2014
NYC brokerage CORE absorbs Heddings Property Group

NYC brokerage CORE absorbs Heddings Property Group

Douglas Heddings — an exec with Prudential Douglas Eliman and founder of the blog TrueGotham.com before founding his own real estate brokerage, Heddings Property Group — has joined rival Manhattan firm CORE as executive vice president of ...
Tuesday, July 22, 2014
Housing groups accuse Fannie Mae REO contractor of racial discrimination

Housing groups accuse Fannie Mae REO contractor of racial discrimination

The National Fair Housing Alliance and two other civil rights groups have filed a discrimination complaint against Fannie Mae contractor Cyprexx Services alleging that the company failed to properly maintain bank-owned homes in Latino and African-Ame...
Tuesday, July 22, 2014
School enrollment caps hurting housing markets

School enrollment caps hurting housing markets

North Carolina real estate agents say housing markets in parts of Wake County, including Raleigh and Holly Springs, have been feeling the impact of the school district’s decision to cap enrollment at 20 schools as home construction continues to...
Monday, July 21, 2014
‘Personal relocation firm’ helps city dwellers find the ‘right’ suburb

‘Personal relocation firm’ helps city dwellers find the ‘right’ suburb

In a lengthy article that touches on many of the issues raised in a four-part Inman News series on how neighborhood data can complicate the role of real estate agents and aggravate residential segregation, The New York Times looks at ......
Monday, July 21, 2014
Scandal casts more doubt on validity of school test scores

Scandal casts more doubt on validity of school test scores

It’s become almost a given that real estate search portals will provide would-be homebuyers with information about the quality of local schools. Educators have complained that test scores and simplified school rankings don’t always tell t...
Monday, July 21, 2014
Brokers continue to invest time, money in drones

Brokers continue to invest time, money in drones

Real estate brokers in Fresno, California, continue to see drones as a good investment of their marketing dollars, despite an uncertain regulatory climate in which the FAA maintains that they are breaking the law if they use the remote-controlled air...
Monday, July 21, 2014
GeekEstate reviews 15 IDX website solutions for brokers and agents

GeekEstate reviews 15 IDX website solutions for brokers and agents

The ability to display property search results on a map is not “map search.” It’s the other way around — map search should give the user the ability to search by map, says GeekEstate’s Mike McGee. “It seems like it...
Monday, July 21, 2014
Startup funding hits 13-year high, with $13B invested in 3 months

Startup funding hits 13-year high, with $13B invested in 3 months

Venture capitalists flooded startups with $13 billion in capital during the second quarter of 2014 — up 34 percent from the previous quarter, to a level not seen since 2001. That’s according to the latest MoneyTree report from Pricewaterh...
Friday, July 18, 2014
FHA may be healthy, but does that mean it’s time to cut premiums?

FHA may be healthy, but does that mean it’s time to cut premiums?

Hoping to not only shore up the FHA’s reserves but shift some market share back to the private sector, the Obama administration has tightened underwriting standards and hiked annual premiums for most FHA mortgages from 0.55 percent in 2010 to ...
Friday, July 18, 2014
Dual agency tangles agent and broker up in potentially costly lawsuit

Dual agency tangles agent and broker up in potentially costly lawsuit

The Ohio Court of Appeals has upheld a $216,337 jury award levied against a seller who was accused of concealing a home’s defects, and sent the case back to the trial court saying that the seller’s agent and brokerage should ......
Thursday, July 17, 2014
Real estate agent gets 10 years for sale of spec homes to straw buyers

Real estate agent gets 10 years for sale of spec homes to straw buyers

A real estate agent who helped a builder sell six spec homes in Medina, Ohio, to straw buyers has been sentenced to 125 months in prison and ordered to pay more than $3 million in restitution. Prosecutors said that when ......
Monday, July 14, 2014