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MoxiWorks goes for Upstream’s jugular

Real estate technology firm MoxiWorks has thrown down the gauntlet, casting its own data service MoxiCloud as a replacement for Upstream, the controversial broker data management platform funded by the National Association of Realtors until a sudden split last month. Source: click here

Offerpad launches in Houston, eyes further expansion

That marks the Arizona-headquartered Offerpad’s second operational market in Texas and 10th across the U.S. At the moment, Offerpad also operates in Phoenix, Atlanta, Tampa, Las Vegas, Salt Lake City, Charlotte, Tucson, Orlando and Los Angeles. Source: click here

Redfin invests in tech-enabled contracting startup Pro.com

Pro.com announced a new $33 million round of funding, saying the infusion would fuel rapid expansion into new markets over the coming years. Source: click here

Microsoft is putting up $500M to help affordability crisis in Seattle

Microsoft announced Wednesday a plan to invest $500 million in affordable housing solutions for Seattle and the Puget Sound area in Washington, to alleviate the stress that the growth in local, high-paying tech employment is putting on the housing market. The tech giant, headquartered in nearby Redmond, Washington, plans to help fund low- and market-rate […]

400,000 fewer young people are buying homes due to student debt

The rise in student debt — which more than doubled from 2005 to 2014 — has resulted in hundreds of thousands of fewer young people owning a home, according to a new study from the Federal Reserve. Source: click here

Peerage buys stake in Madison & Company Properties

Toronto-based Peerage Realty Partners announced Wednesday it had acquired a direct ownership stake in Madison & Company Properties. Source: click here

Inman announces another 10 Startup Alley participants for ICNY19

Tallahassee, Fla. (Jan. 17, 2019) – Inman Group® announced another 10 companies that will be part of Startup Alley at Inman Connect New York, Jan. 28 – Feb. 1, 2019. Inman Connect is a multi-day event where nearly 4,000 top performing real estate professionals invest in their business, shaping the year ahead by expanding their […]

Hide out from the world in this real-life hobbit house

Lord of the Rings fans can rejoice — a real-life hobbit house from the woods of Wisconsin has hit the market for $275,000. Photo Courtesy of Dale Antiel, Inc. The River Falls, Wisconsin, house, designed in 1972 by architect Mike McGuire, is literally built into the forest soil, which provides natural insulation in the winter […]

READ: Ex-Keller Williams CEO John Davis’ open letter

Former Keller Williams CEO John Davis insisted in an open letter to Inman that he resigned from the real estate franchise last week and was not fired. Source: click here

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