Real estate tech giant Zillow Group has been known to rattle Realtors on occasion, especially as it expands its iBuyer program, Zillow Offers, in which it buys homes for all-cash directly from consumers over the internet. But the CEO of the nation’s largest real estate trade group says the company doesn’t scare him too much. Source: click […]
There might be more to the story than just Airbnb taking business away from hotels. A new study found that the home rental platform actually takes the most business away from inexpensive budget hotels while driving up demand for the hospitality industry in general. The study, which was published by Tepper School of Business at Carnegie Mellon, researchers Hui […]
The attack began last week and has locked up the city’s computer systems, which is preventing title companies from checking on properties’ lien statuses. Source: click here
Open Mortgage operates 79 branches in 22 states and offered $668 million in home loans in 2017, according to a complaint the lender filed with the United States District Court for the Eastern District of Texas. It was founded in 2003, is headquartered in Austin and has 315 employees, according to its website. Source: click […]
The We Company, which is the parent company of the co-working platform WeWork, is setting up a new real estate investment fund for commercial projects around the world. Titled Ark, the new investment platform will have a fund of $2.9 billion, $1 billion of which comes from Canadian-based investor unit Ivanhoé Cambridge. The fund will […]
Builder confidence for newly built single-family homes rose three points to 66 in May, according to the latest data released Thursday by the National Association of Home Builders and Wells Fargo. “Builders are busy catching up after a wet winter, and many characterize sales as solid, driven by improved demand and ongoing low overall supply,” […]
A condo in Washington, D.C. stands out from other listings — if you look close enough, you can spot an apron featuring an enormous penis in one of the kitchen photos. Courtesy of Bright MLS. The provocative detail was first spotted by local blogger Dan Silverman as he was looking at the listing. The two-bedroom, $489,000 […]
At Tuesday’s CMLS Brings It To The Table event, held just before the National Association of Realtors’ midyear conference, real estate leaders sounded the alarm. Source: click here
Trump is set to speak Friday at the Washington Marriott Wardman Park at the annual Realtors Legislative Meetings and Trade Expo, which has drawn more than 9,000 Realtors. Source: click here
In this monthly advice column, the Marketing Mastermind answers three burning questions. This month’s topic: all things open house. Source: click here
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