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Jason Oppenheim on gaining the confidence to be a luxury agent

How do you thrive in today’s luxury market? Don’t miss Inman’s Luxury Connect, October 15-17, 2019, in Beverly Hills, California. Walk away with the marketing, technology and luxury intelligence to grow your business while expanding your referral network with built-in networking sessions. Join 600 of the most notable names in luxury real estate. Reserve your […]

Kanye West and Kim Kardashian buy $14M Wyoming ranch

Kanye West and Kim Kardashian have once again made real estate headlines — this time, with the purchase of a $14 million cowboy ranch in Wyoming. J.P. King Known as Monster Lake Ranch, the 9,000-acre property is a sprawling Wild West-style ranch in the middle of nowhere — the closest town of Cody has 10,000 […]

Inventory crises could stretch into 2022 and beyond: Zillow

Housing starts won’t reach the historical average of 1 million new units per month until at least 2022 or later, with the latest estimates stretching to 2029, according to a Pulsenomics survey of more than 100 economists, investment strategists and real estate experts commissioned by Zillow. When asked to name the best solution to boost […]

The fight over employee classification doesn’t end with the passage of California’s AB5

Regardless of what happens with California’s landmark effort to regulate the gig economy, the real estate industry still has huge exposure in terms of agent teams. Source: click here

Fidelity National drops massive acquisition bid amid opposition

A proposed acquisition that would have given Fidelity National Financial nearly half of the U.S. title insurance market fell apart Tuesday thanks to opposition from federal regulators. Fidelity first revealed plans to acquire Stewart Information Services Corporation last year. The deal was valued at about $1.2 billion and would have created a kind of title […]

Nextdoor’s latest funding round gets big boost from Mary Meeker

The growing social network announced in May it had raised $123 million, but that round ended up closing on Monday with $170 million. Source: click here

In sickness and in health: The rocky marriage of Wall Street and real estate

When real estate and Wall Street have a fling, things often go haywire. And sometimes, it can end up impacting the entire industry. Source: click here

Housing inventory drops for the first time in a year

Breaking through a year of steady growth, U.S. housing inventory took a tumble in August. According to realtor.com’s latest housing trend report, housing inventory fell 1.8 percent year-over-year last month. The median listing price, meanwhile, is at $309,000 — 4.9 percent higher than last year but an 1.8 percent drop from July. Such a steep […]

8 states see an uptick in home delinquencies: CoreLogic

While home foreclosure rates are still at a 20-year low, some states have been seeing increases in the number of delinquencies. Vermont, New Hampshire, Nebraska and Minnesota saw the highest delinquency rates in June, according to the latest data from CoreLogic. The number of homeowners falling behind on their mortgage payments by more than 30 […]

Renovate or teardown? What to know

Purchasing an “as-is,” condition property in need of a lot of work can be a smart investment, or it can quickly turn into a money pit. If an investor decides to go that route, the first decision they’ll need to make is whether to undergo some renovation work to make the property not only livable […]

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