San Francisco-based real estate startup Opendoor has closed an additional $100 million in debt financing from national homebuilder Lennar. Bloomberg today reported that Lennar was part of a group “furnishing Opendoor with $135 million in funding” alongside venture capital firm Fifth Wall Ventures, and that Opendoor had plans to expand from its current six markets to “more […]
What makes a home a smart home? Who gets to keep the smart lock after a house is sold? What if your real estate agent still has the password to your thermostat? These are the questions real estate professionals are figuring out on the fly — and questions that are only becoming more relevant for […]
For $2.8 million, you’ll be able to live like a president — not at The White House, but at former president Lyndon B. Johnson’s 3,980 square-foot estate situated on 142 acres of land in the Texas Hill Country. The original ranch. (Photo: Dave Murray/DMTX Realty) Johnson bought the estate one week into his presidency in 1963 […]
NEW YORK — After making its U.S. debut in Los Angeles last year, U.K. hybrid brokerage Purplebricks today announced plans to set up shop on the East Coast by the end of June to service select counties across New York, New Jersey and Connecticut. Earlier this month Purplebricks broke out of L.A. to bring its flat-fee […]
Voice assistants, such as Amazon Alexa and Google Home, have gained popularity over the past year, inching us closer and closer to the futuristic homes we envisioned during our childhood years. Now, consumers have yet another option for listening to their Spotify playlist on a whim or ordering groceries on the fly — the Apple […]
Beverly Hills luxury real estate agent power couple Branden Williams and Rayni Romito Williams (of Williams & Williams Estates) were reunited Wednesday with their beloved Pomeranian–Charlie (a.k.a. Choo Choo, Chucky) — four harrowing days after the pooch was “dog-napped” in broad daylight from their mid-century multimillion dollar Beverly Hills home. Branden announced the news on Instagram Wednesday afternoon, […]
Experian recently released its “State of Credit: 2017” report, which outlines the average credit scores, spending habits and non-mortgage and mortgage debt levels of Americans. Overall, Experian says the higher average credit scores (674) and higher consumer debt loads ($24,706) are a cause for “optimism and caution,” and that’s certainly true when it comes to the […]
Global property startup Propy is launching a pilot program with the city clerk’s office in South Burlington, Vermont, where it is using blockchain technology to record real estate conveyance documents, that is, paperwork related to the transfer of property ownership. Propy CEO Natalia Karayaneva told Inman that leveraging blockchain, a secure, distributed ledger, stands to […]
We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Wednesday, January 24 Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey The Market Composite Index, a measure of mortgage loan application volume, increased 4.5 percent on a seasonally adjusted basis from one week earlier. On an […]
NEW YORK — Inman Connect New York is a shot of espresso stronger than your most ambitious Starbucks order ushering you into real estate’s future. Check out Inman’s highlight reel and top coverage for day three. Compass CEO Robert Reffkin’s 8 trends to expect by 2028 BoxBrownie unveils 360-degree photo enhancement service Traditional brokerage vs. […]
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