New York City issues subpoenas for over 20,000 Airbnb listings
Mayor Bill de Blasio wants to identify city's 'illegal hotels'
Rent soars in Phoenix — and most of the Southwest: CoreLogic
Nationally, rent spiked 3.1% and 6.9% in Phoenix
Builder confidence rises amid low interest rates: NAHB index
The National Association of Home Builders' market index rose for second month following 3-year low in December
by Patrick Kearns Feb 19
Major mudslide in California prompts evacuations
More than 50 families forced to flee their homes
Mortgage originations sink to 4-year low: New York Fed
High mortgage rates may have been to blame for the drop
by Marian McPherson Feb 15
Redfin Now's all-cash homebuying offers are usually rejected
CEO Glenn Kelman said Thursday that while most people reject the cash offers, they still help sell more houses
by Jim Dalrymple II Feb 14
Capitol dome in Washington, DC
Nation’s largest real estate trade group says Tax Cuts & Jobs Act has ‘punched a huge hole’ in incentives to own a home
by Andrea V. Brambila Feb 14
Redfin beats expectations with over $124M in revenue for Q4 2018
The online brokerage's stock price surged in after-hours trading Thursday. The earnings beat comes as Redfin works to expand multiple parts of its business
by Jim Dalrymple II Feb 14
'It's devastating': Agents react to Amazon abandoning New York
Fallout looms following Amazon's decision to pull out of Long Island City. 'We drove out the largest company in the world because of socialism,' one agent scoffed
by Jim Dalrymple II Feb 14
Trump's tariffs could drive the cost of homes and remodeling way up
Home improvement company Porch believes recent tariffs could tack as much as $17K onto the cost of a new home
by Jim Dalrymple II Feb 14
Blender with Blend logo on it
The San Francisco-based startup unveiled new digital HELOC and HELOAN products for banks and lenders, aiming to reduce the time it takes for consumers to squeeze their properties for cash
Mortgage software company Ellie Mae to be acquired for $3.7B
The company processes over a third of all the mortgage applications in the United States
by Marian McPherson Feb 12
Housing Affordability Index falls
Family income was the only metric to see improvements — even as home prices and mortgage rates rose
Inventory up as metro sales slow
The median home only grew 4% year-over-year, while sales are down nearly 8% year-over-year, according to NAR
by Patrick Kearns Feb 12
Phoenix, Arizona
More than 7,600 iBuyer transactions have taken place in the city where Opendoor, Offerpad and Zillow compete
Fannie Mae And Freddie Mac Bailout Projected To Grow
The trade organization believes the housing finance market needs reforms to maintain long-term stability and provide consumers access to capital
by Jim Dalrymple II Feb 12