Blend trims loss, shrugs off decline in mortgage segment revenue
In reporting $20.7M Q1 loss, mortgage tech and cloud banking software provider says it's debt free and on faster track to profitability, thanks to $150M cash injection from Haveli Investments
by Matt Carter May 8
Former RE/MAX Northwest CEO moves Austin team to Compass
Matt van Winkle served as chief executive officer of RE/MAX Northwest from 2011 until 2022 and will now lead a Compass team
by Ben Verde May 8
NYC rents grew 7 times faster than wages last year
The nation's biggest city saw the biggest gap emerge between the rates of wage growth and rent growth, according to a new report from Zillow
by Ben Verde May 7
3 ways to diversify your real estate investment portfolio
Whether it’s REITs, international markets, self-storage or residential rentals, Victoria Kennedy writes, each component adds a layer of security and opportunity to your strategy
by Victoria Kennedy May 7
Mortgage tech provider Blend gets $150M private equity cash injection
The struggling loan technology provider will use an influx of cash from Haveli Investments to pay off the debt it took on to get into the title insurance business by acquiring Title365 in 2021
by Matt Carter Apr 30
New build-to-rent homes hit a new high in 2023
A total of 27,500 build-to-rent houses in the United States were completed in 2023, according to a new report from RentCafe
by Ben Verde Apr 18
Coastal cities lead as single-family rent growth soars to 10-month high
Rental price growth for single-family apartments surged 3.4% in February, with Boston, Seattle and New York City rising fastest among US cities, according to CoreLogic data released Tuesday
by Ben Verde Apr 17
Title data is helping real estate agents and lenders prospect
DataTrace, which now operates more than 1,800 U.S. title plants, says the remarkable granularity of its data can help identify renters who are ready to buy, empty nesters and fix-and-flip investors
by Matt Carter Apr 9
Investor or agent? 5 moneymakers share why agents should be both
Five investor-agents, each of whom has achieved success on both sides of the equation, shared their actionable insights and winning formulas for nailing a pivotal but tricky professional shift
by Ben Verde Apr 9
Calque partnering up with lenders on 'buy before you sell' services
Austin, Texas-based fintech hires CoreLogic vet Michael Bremer as CEO and signs APEX Mortgage Group, C2 Financial and Cornerstone First Mortgage as partners
by Matt Carter Apr 4
Rent is now more affordable than buying in every major US market
Austin and Seattle were the friendliest cities for renters as the monthly mortgage payment on a starter home in each of the top 50 cities soared above the average rent by more than $1,000
by Ben Verde Mar 26
A piece of chocolate cake being removed from the whole
One of the class-action suits seeks $250M in damages while the other is asking the court for a preliminary injunction stopping Keller Williams from distributing profit share payments
by Andrea V. Brambila Mar 26
Landlords pull plug on renter incentives ahead of spring
A new Zillow analysis on Wednesday revealed a slowdown in rental concessions ahead of a busy spring and summer leasing season. Only 32.2% of rentals advertised incentives in February
by Marian McPherson Mar 20
Hilton heads back to campus with $210M Graduate Hotels acquisition
Hilton Worldwide Holdings has agreed to pay $210M for the Graduate Hotels brand, a 10-year-old company that operates hotels in some of the nations biggest college towns
by Ben Verde Mar 14
Zillow economist identifies 11 cities primed for real estate investors
Zillow Chief Economist Skylar Olsen said these markets are ideal cities for real estate investors to purchase properties in the coming years
by Ben Verde Mar 12