A fast-moving wildfire is raging through Butte County in Northern California in the Sierra Nevada foothills, north of Sacramento and just east of Chico. One Realtor on the ground told Inman the blaze is “worse than you can imagine.” “It’s horrible,” Stephanie Neumann, a Realtor with Blue Team Realty told Inman. “We’re going to lose […]
Seattle-based tech brokerage Redfin reported $140.3 million in revenue on Thursday’s third quarter earnings call, marking a 28 percent year-over-year increase compared to a year earlier. Redfin’s revenue beat predictions from analysts, who had expected an increase of only 27 percent to $139.01 million. Glenn Kelman The company also reported net income of $3.5 million, which was down […]
A multiple listing service in the Pacific Northwest has rolled out a new system that makes it easier to list and search for properties that have features catering to disabled homebuyers. The new accessibility system will be part of the broker-owned Northwest Multiple Listing Service, which operates primarily in western and central Washington. It’ll work […]
San Francisco’s housing market has been widely recognized as one of the most expensive in the U.S. for the last several years, but a new dataset shows just how profoundly pricey it has become: there are now only 15 neighborhoods left in the entire city where the median home value is below $1 million, according to […]
The Santa Monica-based luxury brokerage marketing platform closes on funding round of $2.13 million to expand marketing services to luxury real estate brokerages. Source: click here
A Las Vegas landlord has been slapped with a $6,000 fine after his building manager refused to allow a couple with disabilities to move into a first-floor apartment, according to an announcement Thursday by the U.S. Department of Housing and Urban Development. The tenants, who had problems getting around and lived in an upper unit […]
According to new research from the Urban Institute, renters are not only more likely than homeowners to find themselves in distress, they are also more likely to have difficulty digging themselves out of their financial issues. Source: click here
When it comes to real estate, don’t expect any sea changes coming from last night’s midterm election in which Democrats seized a majority in the House and Republicans tightened their control of the Senate. For one the housing market, unlike the stock market, does not make sudden moves based on events like elections. Buyers will […]
News Corp, the parent company of Move’s realtor.com and Australia-based REA Group, reported Wednesday that its revenue grew to $2.52 billion, a 23 percent increase year-over-year. Source: click here
The interwebs were abuzz last week with Zillow Group’s announcement that it is introducing a “CSAT” (customer satisfaction) component to its Premier Agent platform. Here’s Jay Thompson’s take. Source: click here
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