DOJ's 14th redlining settlement is its first with a credit union
Citadel Federal Credit Union 'respectfully disagrees' with allegations, agrees to invest $6.5M and open 3 new branches in predominantly Black and Hispanic neighborhoods in Philadelphia
by Matt Carter Oct 11
Broker Spotlight: Steve Lonnen, SL Home Group at REAL
Find out how this North Carolina broker got his start in real estate and what he wishes he had known from the beginning
by Christy Murdock Oct 10
Former Ribbon team launches AI-fueled home transaction platform
The team that founded EasyKnock-acquired power buyer Ribbon has launched Indigo, an AI-powered transaction management and home search platform, executives told Inman exclusively
by Marian McPherson Aug 15
Compass expands in Carolinas with team additions
2 teams in South Carolina and a formerly independent brokerage in North Carolina have joined the firm, Inman has learned. The groups are based in Bluffton, Charleston and Asheville
by Lillian Dickerson Aug 13
Cooling rental market means more concessions for renters: Zillow
A 50-year high in multifamily building starts and completions has led to cooling rent growth and better lease terms. In July, 33.2% of rentals on Zillow included concessions, up 23% from 2023
by Marian McPherson Aug 12
Corcoran HM Properties acquires Property Shop International Realty
The acquisition will allow Corcoran HM Properties to expand into Wilmington, Inman has learned. The firm's combined footprint now spans more than 160 agents across 6 offices
Black homesellers get better offers with iBuyers, but there's a catch
A University of Washington study revealed iBuyers give Black homeowners better offers than they receive on the open market. However, those offers potentially come with some longterm tradeoffs
by Marian McPherson Jul 26
UWM's 0-down loans a hit with buyers, worry consumer advocates
Unlike subprime loans that were subjected to minimal underwriting standards in the runup to the 2007 housing crash, new 0-down loans meet criteria set by mortgage giant Freddie Mac
by Matt Carter Jun 4
Bank launches Spanish website in wake of redlining settlement
Washington Trust denied allegations leveled by the Justice Department last fall, but agreed to invest at least $9M to improve access to mortgage credit in minority neighborhoods
by Matt Carter May 30
Redfin AI search assistant, Ask Redfin, launches nationwide
Ask Redfin is now available nationwide on Redfin's iOS home search app. Ask Redfin can answer a range of questions about listings, market trends and much more
by Marian McPherson May 3
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
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
Agents storm TikTok with flood of complaints after NAR settlement
Since Friday, real estate agents have been arguing on the video sharing platform that the recent commission suit settlement is likely to hurt both homebuyers and the agents who represent them
by Jim Dalrymple II Mar 19