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Home prices shoot up 8.8%, biggest growth spurt in 4 years

Median home values leaped by 8.8 percent in February to $285,700, the largest price appreciation in four years, according to a Redfin analysis released Thursday. The upward pull in median home values marks the 72nd consecutive month of year-over-year price increases and comes as the housing market faces its 29th month of declining inventory. Struggling […]

How America’s first blockchain property transfer took place

The first title transfer recorded via blockchain in the United States is, in all likelihood, in South Burlington, Vermont. The city clerks, lawyers and entrepreneurs involved can’t say for sure, but their transfer is making noise as the first recorded on the distributed ledger stateside. A startup called Propy launched a pilot program with three towns […]

Armed with $33M, Qualia could be the one to solve clunky closings

Qualia wants to be the company that finally makes closings easy. With another $33 million to work toward that goal, the startup has a leg up. Qualia raised $33 million in a Series B funding round earlier this month. The round, led by Menlo Ventures, more than quadrupled the $7 million the startup raised for […]

California Regional MLS gets ‘aggressive’ about expansion

California Regional MLS, the largest multiple listing service in the nation, is getting bigger while sending a message to the industry that more comprehensive data is better for everyone. CRMLS subscribers can submit listings located anywhere in California to the database, but they are required to submit active listings located in the CRMLS service area to […]

HouseCanary wins $706M after getting sued by Quicken Loans offshoot

On Wednesday real estate valuation tech startup HouseCanary turned a breach of contract lawsuit against the company on its head and won $706.2 million from a Quicken Loans affiliate over misappropriation of trade secrets and breach of contract. A federal jury in Bexar County, Texas, unanimously decided in HouseCanary’s favor against Amrock, a division of Quicken […]

17% of millennials expect Mom and Dad’s help on a down payment

Over the past 18 years, home and rent prices have more than doubled while incomes for younger households, unable to keep pace, have risen by only 31 percent. In a quest to achieve the American dream (despite unfavorable market trends), millennials are turning to their parents for help with paying monthly rent or saving for a […]

NAR wants permanent tax relief for distressed homeowners

During testimony on Wednesday before the U.S. House Ways and Means Subcommittee on Tax Policy in Washington, the National Association of Realtors (NAR) urged Congress to reinstate recently expired tax relief for homeowners following a foreclosure, short sale or loan modification. Following the passage of a Republican tax bill in December, NAR officials have been […]

ICNY 18 Marketing: Trends you cannot ignore

Watch Relola’s Molly McKinley and LoCo Real Estate Team founder Heather Elias onstage at Inman Connect as they discuss microinfluencers, online marketing, search optimization and more. Watch more sessions from ICNY 18 here. Email Inman Save My Seat for ICSF Now… Source: click here

ICNY 18 Marketing: Do I really need a photographer, copywriter and designer?

“… in 2017, I just completed selling north of $40 million, and I absolutely attribute that to creating a great team and getting a photographer, copywriter and designer,” said Collin Bray of Century 21 Cityside onstage at Inman Connect New York. Listen in to hear what value these positions brought to his business, and decide […]

Coldwell Banker shoots for slam dunk marketing with ‘Hooptown Bracketology’

Coldwell Banker is proving that agents can have some fun with all that real estate data brokerages like to compile every day. As part of its March Madness-related Hoops campaign, Coldwell Banker has used real estate data from its proprietary home pricing platform CBx to choose five different “Hooptown” brackets comparing real estate data from each school’s […]

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