6 Engel & Völkers shops become Engel & Völkers First Coast
The name change to unify the 6 shops across northeast Florida comes on the heels of franchisee Corey Hasting opening 2 new locations in Ponte Vedra Beach and San Marco
United Real Estate expands reach with new Jacksonville acquisition
The deal brings 400 new agents into the network and will see the Jacksonville, Florida, brokerage operate under the new name United Real Estate Gallery and retain all current leadership
by Ben Verde Oct 4
Homebuyers in these US cities are backing out of deals at a higher rate
Phoenix, Las Vegas, Tampa and Austin attracted homebuyers at a higher rate during the height of the pandemic. But according to Redfin, those same Sun Belt cities are now cooling the fastest
by Ben Verde Sep 26
Rental investing platform Mynd sees opportunity outside Sun Belt
Single-family rental investor platform expands to Indianapolis, Jacksonville and Nashville, bringing total footprint to 25 markets, reflecting a subtle change in company strategy
by Taylor Anderson May 5
Real estate investors bought record-breaking number of homes in Q3
Investors purchased a record 18.2% of US homes, amounting to a new high of $63.6B in homes during the third quarter of 2021, according to a new Redfin analysis released Monday
by Lillian Dickerson Nov 16
The best US cities for rental arbitrage in 2021
Rental arbitrage is when an individual rents a property long-term and then rents it out to someone else short-term
by Lillian Dickerson Aug 10
Jacksonville apartment property website wins Webby honor
A website built for an apartment property in Florida was 1 of 3 in the world — and the only website in the US — to be awarded as an honoree at the 25th Annual Webby Awards
by Craig C. Rowe Jun 15
February sees record new bookings for short-term rentals: AirDNA
While short-term rental stays that took place during February were at a record low, new bookings made during the month hit a high, according to short-term rental analytics company AirDNA
by Lillian Dickerson Mar 12
Knock names former Lyft and Uber executive as chief financial officer
In 2019, Michelle DeBella, Lyft's former vice president of finance, was named one of the 50 Most Powerful Women in Technology by the National Diversity Council
by Lillian Dickerson Jan 14
House flipping rates decline while profit margins rise across the U.S.
The climbing profit margins are a reflection of how home prices have continued to stay steady, and even increase in some areas, during the pandemic
by Lillian Dickerson Sep 16
US bank repossessions reach new low while foreclosure rates tick up
US bank repossessions dropped by 6% in August to a total of 2,035 properties foreclosed on by lenders, while foreclosure filings rose by 11%
by Lillian Dickerson Sep 10
Zillow Offers opens in first new market since COVID pause
The direct-to-consumer homebuying and selling platform is live in Jacksonville, Florida
by Patrick Kearns Sep 9
Inventory continues to fall in June
Housing inventory across the US was down 27.4% year over year, or approximately 363,000 fewer homes during the same period last year, according to realtor.com
Market snapshot: Florida and the coronavirus pandemic
Agents across the state have felt a market impact since the virus took hold, but how and to what extent depends a bit on the region
by Lillian Dickerson Apr 20
Zillow Offers continues expansion, launches in Cincinnati
The southwestern Ohio market is the 24th for Zillow's direct-to-consumer homebuying and selling platform
by Patrick Kearns Mar 2