Costly housing spurred California's 500,000-person pandemic exit
The state's population exodus was second only to New York, which lost 15,000 more people. The sky-high cost of housing was the residents' primary reason for departure
by Lillian Dickerson Feb 21
Gary Keller on ChatGPT, iBuyers and companies that 'rent' their tech
Keller headlined his company's Family Reunion conference Sunday, saying that he doesn't think flashy new artificial intelligence tools are on the verge of upending the real estate industry
by Jim Dalrymple II Feb 19
federal flood insurance lapse
Study led by economists at the Environmental Defense Fund identifies some surprising regions, such as Appalachia and northern New England, as overvaluation hotspots
by Matt Carter Feb 16
$40M NYC penthouse deal sets record for eXp Realty
The penthouse apartment sits at the southwest corner of Central Park and sprawls across more than 8,000 square feet
by Jim Dalrymple II Feb 13
Sotheby's snags leading South-Central Texas team to form affiliate
The team formerly known as the Southern District Properties Group at Compass will now become Sotheby's newest affiliate in Texas, Southern District Sotheby's International Realty
by Lillian Dickerson Feb 13
Hubzu operator Altisource raising money in public stock offering
Debt-burdened company notified regulators in December of plans to raise up to $100M through public stock offering on way to posting $53M 2022 net loss
by Matt Carter Feb 9
OJO nets $200M via sale of Canadian operations, new debt raise
The company is selling its Canadian operations to Royal Bank of Canada, while also raising new funds from Vista Credit Partners
by Jim Dalrymple II Feb 8
Defy Mortgage launches as new player in non-QM lending
Nashville, Tennessee-based lender to serve entrepreneurs and gig workers nationwide, accepting alternative forms of income and assets including cryptocurrency
by Matt Carter Jan 10
This is where it takes the longest amount of time to save up for a home
In Glendale, California, a homebuyer with a median household income for the area can expect to save for 15.1 grueling years, compared to counterparts in Detroit, who will save for just 2.6 years
by Lillian Dickerson Jan 10
Eklund-Gomes renews 5-year contract with Douglas Elliman
Fredrik Eklund, John Gomes and Julia Spillman have decided to stay with the New York City-based firm for another 5 years. The group's 90 agents have completed $4B in sales this year
by Marian McPherson Dec 22
Tis' better to give: 12 real estate-related causes to support this year
In the midst of the holiday rush, make a little time to give back. Here are 12 real estate-related charities and causes to support before 2022 wraps up
by Marian McPherson Dec 19
The Real Brokerage closes deal to acquire LemonBrew Lending
This year's acquisitions of LemonBrew Lending and Expetitle pave the way for the company to provide end-to-end services to homebuyers in many markets
by Matt Carter Dec 9
Venture capital giants like Pylon's embeddable mortgage offering
$8.5M seed funding round led by Conversion Capital, with participation from Fifth Wall, Peter Thiel, QED Investors, Montage Ventures and Village Global
by Matt Carter Dec 6
Homes for sale were pulled from the market at record pace in November
In the biggest decline in active listings since at least 2015, an average of 2% of all US homes for sale were delisted during a 12-week period ending Nov. 20, according to data Friday by Redfin
by Ben Verde Dec 2
Tomo enters 5 new states, launches real-time preapproval process
After laying off workers in May, Tomo is in expansion mode again with launches in Maryland, New Jersey, Oregon, Pennsylvania, Virginia and Washington D.C.
by Matt Carter Dec 1