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Company that creates electricity from footsteps raises $3.2M

Pavegen, a company that generates both electricity and data from footsteps, has raised more than $3 million in a successful crowdfunding campaign. Source: click here

Rents are rising, but the US lacks sufficient middle-income housing

Recent years have been a boon for landlords, and a recession doesn’t appear imminent, but the multifamily housing market does face some challenges. Source: click here

‘Consumers are fed up:’ KW sued over agent cold calls on expired listings

Keller Williams Realty is the latest real estate company to be hit with a proposed class-action lawsuit alleging its agents made unsolicited calls to consumers without their consent. Source: click here

Studies find that 2017 tax reform has mixed impacts on homebuying

Who are the winners and losers in the homeownership market after the 2017 tax reform? A trio of studies find that the answer is: “It depends.” Source: click here

Celebrating patriotic holidays: A primer for agents

Given agents’ intense desire to stay top-of-mind, many of us post holiday greetings for every little holiday — and without a lot of forethought. With all of this holiday outreach, we need to be sure our message is on point. Here’s a primer for agents on how to observe these holidays and connect with clients […]

Why it’ll take a village to solve housing affordability woes

The lack of affordable housing is an issue that requires the work of the wider institutional and public community: Major corporations, nonprofits, small businesses, individuals and the government all must contribute time, energy and funds to solve this societal problem. Source: click here

Alain Pinel Realtors vet to join LeadingRE after Compass stint

Michi Olson, an executive for 15 years at Alain Pinel Realtors, is joining LeadingRE as dean of resources and global connections. Source: click here

Redfin CEO says measured growth is key to his brokerage’s success

Glenn Kelman believes clear victors will emerge from the real estate tech arms race in the next couple years. Mergers and acquisitions are inevitable, he argues. That’s because real estate websites want to insert themselves into the transaction while services that facilitate transactions need popular websites. Source: click here

Home price growth accelerates for first time in 14 months

For the first time in 14 months, home price growth is accelerating. Nationwide, home prices grew by 3.6 percent in May year-over-year and 0.9 percent from April, according to the latest data from CoreLogic. At 10.7 percent, Idaho had the highest growth rate out of all the states. Utah and South Dakota followed at 7.8 percent and 7.7 […]

NAR now accepting applications for real estate ‘pitch battle’

Quick: How does your technology product or service improve the real estate industry? You have four minutes. And you’re on a stage in front of hundreds of real estate pros and a few prominent judges who get to grill you on what you’re offering. Sound attractive? You’re in luck. The application process is now open […]

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