Eviction filings skyrocket 25% above pre-pandemic norms
Fast-growing rents and disappearing rental assistance programs have given way to a concerning rise in eviction filings compared to pre-pandemic norms, 'The Wall Street Journal' revealed
by Marian McPherson Jul 15
Multifamily building permits have dropped 30% since 2021: Redfin
Rising interest rates and market saturation have caused multifamily builders to slow the rate of new projects, according to a Redfin report published on Tuesday
by Marian McPherson Jul 9
Redy launches cash-for-listing model in 5 markets
Homeowners use Redy’s interface to publish information about their home with the hope real estate agents will pay them in exchange for the listing business
by Craig C. Rowe Jun 18
Microsoft removes portal data from Bing Real Estate after outcry
4 days after Bing Real Estate came under fire for its alleged co-opting of listing data from Zillow, Redfin and Realtor.com, Microsoft has removed for-sale listing data from its site
by Marian McPherson Jun 7
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
Microsoft's mysterious real estate portal sparks data safety concerns
Industry watchers are sounding the alarm about Microsoft's Bing Real Estate, a site that for months has been reposting listings from Zillow, Realtor.com and Redfin without explanation
by Marian McPherson Jun 4
On the verge of going private, Doma Holdings is still in the red
San Francisco-based title tech provider, set to be acquired by Title Resources Group, posted a $20.6M Q1 2024 net loss Tuesday, down 46% from a year ago but little improved from Q4 2023
by Matt Carter May 8
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
Ben Caballero sets new world record with 7,012 home sales
In 2023, Caballero sold 7,012 homes totaling $3.638B in volume at an average of more than 19 individual homes every day of the year
by Ben Verde May 3
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
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
Undeterred by federal scrutiny, RealPage continues to innovate
In the face of a March 25 report that the company conspired to keep rents above market, the property management software firm is forging ahead with innovations rooted in AI
by Craig C. Rowe Apr 19
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
'Million-dollar' cities have spiked to a new high in the US: Report
There are now 550 'million-dollar' cities in the U.S. compared to 491 last year. California is home to nearly half of them, according to a new Zillow analysis
Title underwriter TRG inks $85M merger deal to take Doma private
If approved by shareholders and regulators, the proposed merger would result in an all-cash $85M transaction, with TRG acquiring Doma's outstanding shares at 38% premium of $6.29 per share
by Matt Carter Apr 1