BoomTown, a sales and marketing platform for the real estate industry, has bought a company that, it says, attacks a real pain point for real estate agents — following up with leads promptly. Source: click here
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
Luke Monroe, the CEO and broker-owner of Kendrick Realty, shared with Inman his own recent experience opening his brokerage’s third office in California. Source: click here
Compass‘ growing footprint has now officially expanded to Nashville, the real estate brokerage confirmed Wednesday. The New York City-based company first revealed it was eyeing the Music City for expansion when it announced its recent $400 million funding round. “Nashville is a market we’re particularly excited about,” Compass Chief Growth Officer Rob Lehman said in a […]
Hundreds of people were foreclosed on and lost their homes thanks to an internal calculation error on the part of Wells Fargo, the bank confirmed Tuesday. The foreclosures happened after the homeowners had asked Wells Fargo for assistance in the form of modifications to their mortgages. However, an “automated calculation error regarding foreclosure attorneys’ fees” […]
Flat-fee brokerage Purplebricks reported Tuesday that its business in the U.S. is growing, and that overall the company is on track to meet its revenue goals. In a Tuesday earnings report, the company touted growth on multiple fronts. In the U.S., it now has 140 sales consultants and local real estate experts working across seven […]
While cleaning her home of 18 years to ready it for a sale, Realtor Connie Schwartzman noticed something unusual in one of the corners of the attic. A pink and blue baby book, full of jotted-down family memories, photos and animal stickers, had been left behind by a former owner of the building. An associate […]
The number of American properties that are equity-rich has reached an-all time high of 14.5 million, or according to new third quarter 2018 data from property data tracking firm Attom Data Solutions. An equity-rich property is defined as one where the combined estimated amount of loans secured is 50 percent or less of the property’s market worth. More […]
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
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