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Senate votes to end shutdown, minimizing disruption to real estate

Update: Later this afternoon, the House followed the Senate in passing the bill to fund the government through Feb. 8, officially ending the shutdown. This afternoon Senate Democrats joined with Republicans to overwhelmingly vote (81-18) in favor of a short-term spending bill to fund the government through Feb. 8. Assuming approval from the House later today, […]

Why the hell are you launching your own brokerage?

NEW YORK — Chances are, those attending the Indie Broker Summit this morning at Inman Connect New York either own their own brokerage or are thinking about owning one, and Shaun Osher had an important question for them: Why? Osher, currently CEO of New York City brokerage CORE, started off his career in real estate […]

We’re live from Inman Connect NY 2018

NEW YORK — It’s time: Inman Connect NY 2018, our parent company’s flagship annual conference looking at the state of the real estate industry and its future, runs this week from Monday, Jan. 22 through Friday, Jan. 26. ICNY 18 features over 250 speakers from leading companies and brokerages, including Compass’s CEO Robert Reffkin, Zillow’s […]

Knock announces new home trade-in model and expansion to 10 cities

Knock wants to do more than guarantee market price when it sells your home. The Atlanta-based iBuyer startup today announced a new home trade-in model that claims to provide more certainty to those looking to change homes — offering to buy you a new home all-cash and resell it to you, and then list your old home. […]

Cloud MLX now available to more agents through two California MLS deals

Cloud MLX today announced deals making its front-end MLS interface available to subscribers of two California multiple listing services: the 7,000-member Bay Area Real Estate Information Services (BAREIS) MLS and the 4,000 plus-member San Francisco Association of Realtors (SFAR) MLS. How it works. (Photo credit: Cloud MLX) Real estate agents who are members of BAREIS and SFAR […]

You can expect higher rents wherever Amazon’s HQ2 lands

The city eventually chosen by Amazon to host the tech and e-commerce giant’s second U.S. headquarters will benefit from an influx of 50,000 new jobs and $5 billion in direct investment — but its apartment dwellers could feel the squeeze from higher rent, according to a new study by Apartment List. Over the next decade, rent in […]

New housing construction plunges to lowest level in more than a year

Driven by a drop in single-family construction, U.S. housing starts plunged in December, marking the biggest decline in new residential construction in a little over a year, according to U.S. Census Bureau statistics released Thursday. In a reversal from November, when the construction industry tallied a 10-year high with a revised seasonally adjusted rate of […]

These 20 markets are the finalists for Amazon’s HQ2

Amazon on Thursday announced which 20 markets made the cut as finalists for its full-fledged, second corporate headquarters. Cities started vying to become Amazon’s HQ2 — and for the presumed economic boom Amazon’s presence would bring — when Amazon said it was planning to build a second headquarters in September 2017. Two-hundred and thirty-eight cities submitted […]

Zillow unveils new app for capturing 3-D home tours

Zillow on Thursday unveiled a new, free app called Zillow 3D Home that will allow agents, brokers, and real estate photographers to capture immersive 3-D home tours directly on their iPhones, and upload them to Zillow listings. The app is for iPhone only (models 6 and 6 Plus, or newer) running iOS version 10 or […]

Zillow sued over Zestimate display: Making sense of the dispute

Real estate giant Zillow Group has been hit with an antitrust lawsuit alleging the company is restraining competition between real estate brokers by making deals with certain brokerages to hide Zillow’s home valuation estimates (“Zestimates”) on the brokerages’ for-sale listings. Whether the suit has legs is yet to be determined, but an antitrust attorney who spoke […]

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