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Celebrities, nudity and a camel: The ‘home tour’ that had it all

Last weekend, the luxury developer Nile Niami hosted an extravagant home tour for his 14,000-square-foot home just off L.A.’s Sunset Strip. Source: click here

Realogy stock craters to all-time low after missing guidance

After reporting less than expected revenue and missing its earnings per share guidance, shares for Realogy cratered Tuesday, reaching an all-time low, according to real-time financial data. Source: click here

WATCH: The innovative data platforms you need to know about

Learn about the up-and-coming data initiatives that could change the way real estate does business from CoreLogic’s Lucie Fortier, Midwest Real Estate Data’s (MRED) Rebecca Jensen and Wilmington Trust’s Joseph Deller at Inman Connect New York. Source: click here

New housing construction falls

Residential housing starts fell a staggering 11.2 percent in December, despite encouraging growth in previous months, according to a new sales report released Wednesday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. Single-family starts, meanwhile, fell by 6.7 percent from the  month before. In total, only 1,078,000 private housing starts were […]

Home prices jumped 5.7% year-over-year at the end of 2018

Home prices across the country jumped 5.7 percent during the final months of 2018 over the year before, with the mountainous states in the western U.S. seeing the strongest growth. The Federal Housing Finance Agency’s latest report, published Tuesday, found that home prices grew in all 50 states during the fourth quarter of 2018. However, they skyrocketed in western […]

Zillow’s strategy shift: A look at the numbers

Last week, Zillow announced a major strategic shift: Along with a new CEO, it made clear that its top focus is its Zillow Offers iBuyer business. Let’s talk about the highlights of that announcement. Premier agent growth grinds to a halt The most striking statistic from Zillow’s results is the lack of projected growth in […]

Insurance startup TheGuarantors secures $15M Series B round

Insurance startup TheGuarantors has secured $15 million in Series B funding. Founded in 2016, the company works to secure leases and provide insurance to New York-based renters who would not otherwise qualify for them. As landlords in cities with expensive real estate markets often turn down those who do not have high incomes and excellent credit […]

Union Street Media’s omnichannel approach is helping indie brokers beat portals

Social, search, display. This Burlington, Vermont, company helps 500-plus real estate clients engage, nurture and close more buyers and sellers with only 30 employees. Source: click here

WATCH: 6 pitfalls that can get agents in legal trouble

Copyright and intellectual property, deceptive images, audio-visual recording, cannabis, smart-home tech and teams — these are all legal pitfalls real estate agents need to be aware of to avoid fines, legal trouble and even prison. Tune into the entire discussion for the 411 on possible legal issues. Source: click here

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