A Washington, D.C.-based think tank is calling for federal regulators to investigate multiple listing services that restrict data from listing websites for possible antitrust violations. The nonprofit, nonpartisan think tank, Information Technology & Innovation Foundation (ITIF), is also asking for state lawmakers to require brokers to provide free, unrestricted access to real estate listings. ITIF […]
Shale, the petroleum-rich sedimentary rock at the center of an energy boom in North Dakota, drove a Minnesota man to target would-be investors in a multimillion dollar real estate scheme to house itinerant oil workers. Developer Ronald Johnson, 51, was sentenced to 10 years in prison on wire fraud and money laundering charges stemming from […]
Looking at interesting or even outrageous home decor is just as much fun as spying on real estate porn on any major portal, right? Well, in the spirit of light-hearted fluff that’s fun to look at, we’ve put together a gallery of some of our favorite light fixtures and other home accoutrements for funsies, thanks […]
Zillow today released its October Real Estate Market Report, which revealed the national median-priced home ($203,400) is $12,500 more valuable than it was in 2016, due to continuing inventory issues that have pushed up home values at breakneck speed. According to the report, this is the 18th consecutive month where home values have risen by […]
According to ATTOM Data Solution’s Q3 2017 U.S. Home Equity and Underwater Report, the number of homes seriously underwater has dropped from six million to 4.6 million — the biggest year-over-year decrease seen since Q2 2015. The 4.6 million seriously underwater properties (where the combined loan amount secured by the property was at least 25 percent […]
Since 2009, Heather Elias has been attending Inman Connect New York, making the trip up from Virginia each January to supercharge her business, learn from others, and build her network for the upcoming year. Well established within the Inman community, Heather shares what she’s seen and learned over the years, and what she’s looking forward […]
Real estate has always been a haven for the independent — and especially for the ambitious, driven people who decide to forge their own paths and found their own brokerages. When you decide to be independent, however, you’re losing access to franchisor assets and resources, and the indie broker’s path can sometimes feel isolated, lonely […]
When it comes to preventing housing discrimination, Facebook appears to be falling far short of its promises. A year ago, Facebook announced it would bar housing ads targeted by race from its social network. In February, the $528 billion company announced improved enforcement of that ban, but investigative journalism nonprofit ProPublica has found that Facebook […]
Hurricanes Harvey and Irma continued to wreak havoc in October as the number of delinquent mortgages soared for the second month in a row, rising 24 percent in regions of Texas and Florida where the storms hit hardest, according to new loan performance data. More than 160,000 delinquent mortgages in Florida and 66,000 in Texas […]
We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Tuesday, November 21 Black Knight’s October 2017 Mortgage Data October’s 4BPS increase in the national delinquency rate can be directly linked to continued hurricane impact, while delinquencies fell 14BPS in non-affected areas. Though delinquencies were down […]
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