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Apartment purchased with Ethereum raises hopes, questions

The first-ever property purchase to occur through Propy — an international real estate startup founded around the digital currency Ethereum — took place earlier this week, according to various outlets. But it has received mixed reactions reactions from one important camp: the currency’s enthusiasts on Reddit. Michael Arrington — a member of Propy’s advisory board perhaps best […]

Scrub-a-dub-dub, Houzz says homeowners are ditching the tub

Homeowners are looking for large, high-tech bathrooms with sleek color palettes and finishes, according to the Houzz 2017 Bathroom Trends Report. “This year’s Bathroom Trends Study sheds light on two key trends in master bathrooms, showers as a focal point and the growing role of high-tech features in bathroom products,” said Houzz Principal Economist Nino […]

Hail an agent like an Uber: MLS debuts on-demand showings app

Colorado’s largest MLS is getting in on the on-demand showings game. Although hailing an agent like an Uber ride has been possible for awhile through various apps — and tech-focused brokerages such as Redfin and OfferPad also offer similar features — agent on-demand app companies have typically partnered with brokerages, not MLSs. But in a move that […]

A month in review: The August housing market

Every month, economists release a number of indices, reports and analyses of the housing market, and it can be difficult to keep up with them all. Thankfully, the National Association of Realtors (NAR) recapped the month in its new Housing Minute monthly video series. August existing-home sales declined 1.3 percent to a seasonally adjusted annual […]

How the internet economy is reshaping the real estate industry

When you find something that’s broken in the world, you can take one of two paths: wait for someone else to fix it or fix it yourself. Watch to learn how young billionaire John Collision and his brother founded Stripe, a cloud-based online payment processing company, and how real estate will benefit from the growing internet […]

Playboy Mansion expected to go up in value

Playboy founder Hugh Hefner died at 91-years-old on Wednesday, his company confirmed. As the tributes and debates over Hefner’s legacy continue, the new owner of the iconic Playboy Mansion in the tony Holmby Hills neighborhood of Southern California could enjoy a windfall in the property’s value. A year ago, billionaire investment heir and former Pabst […]

Trump lifts shipping rules to aid in Puerto Rico hurricane recovery

The U.S. real estate community was united today in welcoming President Donald Trump’s decision to waive the Jones Act, effective for 10 days, to aid in Puerto Rico’s recovery from Hurricane Maria. The Jones Act, formerly known as the Merchant Marine Act of 1920, dictates that all goods being delivered between U.S. ports be carried […]

Ditching dorms for homes in big college towns

Among the scads of obstacles stymying homeownership goals, student loan debt remains one of the most prominent, and as the cost of tuition steadily increases, the American dream could drift further from reach not only for millennials but for Generation Z — the newest, youngest members of the potential renters and homeowners club. Student loan […]

Top property management market trends impacting your business

SAVE MY SPOT Join property management expert Joe Sidebotham as he dives down into rental housing market data to show you where the market is going, how these trends differ by region, and what it all means for your business and your customers, both locally and nationally. Key Takeaways: Get an overview of your competitive […]

Daily market update: September 28, 2017

We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Thursday, September 28 Redfin Housing Demand Index Virtually Flat from July to August Due to Continued Inventory Shortage Across the 15 metros covered by the Demand Index, there were 13.9 percent fewer homes for sale in August […]

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