Offerpad PRO, MAX programs center incentives on agents
Offerpad provides sellers a unique way to transact through a fast, tech-enabled cash offer, with benefits like post-closing stay-over period, free local relocation and ability to choose closing date
by Craig C. Rowe Jan 31
'Listing of the future' will be virtual and multipurpose: ICNY
AI-driven, personalized listings will include an immersive virtual tour experience and data will be used not just for sales and marketing, but also restorations, renovations and appraisals
by Matt Carter Jan 26
Tale of 2 housing markets will linger into 2024, Zonda economist warns
With listings still in short supply, homebuyers are 'dealing with an affordability shock' and new homes will play an outsize role in housing markets, Zonda Chief Economist Ali Wolf said at ICNY
by Matt Carter Jan 26
Blackstone to take Tricon Residential private in $3.5B deal
Tricon is a landlord and developer of single-family rental homes in the United States and Canada with a portfolio of over 38K rentals
by Ben Verde Jan 19
Declining mortgage rates bring new-year market thaw: Redfin
Mortgage purchase applications and new listings have improved in recent weeks, thanks to a 25% decline in mortgage rates from October's peak of nearly 8%
by Marian McPherson Jan 11
Zillow files antitrust lawsuit against 2 major MLSs
The listings portal filed a complaint in US District Court for the District of Arizona against Arizona Regional MLS and MLS Inc. for what it asserts are violations of federal antitrust law
by Ben Verde Dec 27
Why utopias fail and the 'Ponzi scheme' of new development
Michael Rodriguez, director of research at Smart Growth America, said that people have been building utopias for millennia, but the best cities are the ones that gradually evolve over time
by Jim Dalrymple II Dec 27
Americans' average mortgage payment falls $164 in November
A dip in the weekly average for 30-year mortgage rates dropped the average mortgage payment to $2,575 in November, and homebuyers are taking advantage
by Marian McPherson Nov 30
Mat Ishbia
The article alleges UWM CEO and Phoenix Suns owner is 'charting a risky path in both business and sports' but the Ishbia family is raking in the profits even when the company is losing money
by Matt Carter Nov 15
For some sellers, cash offers can actually be a tool for listing agents
Offerpad's agent partnership program gives agents another tool when making listing presentations, and pays a 3% referral fee when their client accepts an offer from the iBuyer
by Matt Carter Nov 1
Redfin leaves NAR — and calls on its brokers and agents to follow suit
In a message to employees on Monday, Redfin CEO Glenn Kelman cited NAR's harassment scandal and other grievances as reasons for calling on 1,800 Realtors to cancel memberships
by Ben Verde Oct 2
Homes are no longer affordable for the average American, report says
Home prices could be reaching a breaking point, new report says, as housing affordability drops to lowest level since 2007. The median price of homes and condos is a record $351,250
by Taylor Anderson Sep 29
Home prices continue to rise, with no end in sight
US home prices climbed 0.6 percent between June and July and reported an annual increase of 1 percent, erasing earlier declines
by Ben Verde Sep 26
'Rich Dad' predicts an Airbnb-led 'market crash.' Fanboys rejoice
Robert Kiyosaki's social media post was the latest viral prediction about the short-term rental giant. Will this be the one that comes true, or is it another hoax?
by Taylor Anderson Sep 15
Home values fell in 21 of the 50 largest US metros in August: Zillow
Home values are now 11.4% lower in Austin, Texas, than they were in Aug. 2022, Zillow said. Nationally, prices were up slightly from July to August, and there was a small inventory uptick
by Taylor Anderson Sep 13