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Real estate daily market update: January 24, 2018

 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 […]

Paris Hilton helps real estate power couple recover stolen dog

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, […]

Apple HomePod arrives to challenge Amazon Echo, Google Home

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 […]

These states have the highest (and lowest) mortgage debt

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 […]

Propy launches blockchain pilot in Vermont to record real estate transfers

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 […]

Opendoor raises $100M in debt financing from homebuilder Lennar

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 […]

Connect New York 2018 live stream

Catch the Inman Connect New York 2018 live stream here. WATCH LIVE STREAM Live stream schedule: Wednesday, 1/24 8:30 a.m. EST – 12:00 p.m. EST Thursday, 1/25 8:30 a.m. EST – 12:00 p.m. EST Source: click here

ICNY 18: BoxBrownie unveils 360-degree photo enhancement service

NEW YORK — Photo editing firm BoxBrownie is growing by thousands of customers each month on the merits of its affordable and exceptionally well-enhanced property visuals, most of which can be turned around within a day. The Australian company has come to Inman Connect before, but not with this much momentum preceding them. BoxBrownie announced […]

2017 existing-home sales were the strongest in 11 years

Existing-home sales decreased 3.6 percent to a seasonally adjusted annual rate (SAAR) of 5.57 million in December — dipping from a downwardly revised 5.78 in November, the National Association of Realtors (NAR) reported today. This month’s sales pace is 1.1 percent above December 2016 and is the strongest sales pace in 11 years. A healthy economy […]

Real estate daily market update: January 22, 2018

 We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Bankrate Mortgage Rates The average 30-year fixed-rate mortgage increased 2 basis points to 4.20 percent. Source: Bankrate Email market reports to press@inman.com. Source: click here

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