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Cities with most restrictive land use boast higher home prices

Cities with the most restrictive land use regulations are seeing the biggest rise in home prices, according to a new study from Zillow. As the housing market moves further away from the recession, the job market and home values have seen strong growth, according to the study.  In areas where land use has the strictest regulations […]

Plane carrying Pacific Union agents crashes, killing 5

A small passenger plane carrying three Pacific Union International agents and family members crashed on Sunday, killing all five on board, including the pilot. The victims, were identified Scott Shepherd, 53; Lara Shepherd, 42; Floria Hakimi, 62; Nasim Ghanadan, 29 and Navid Hakimi, 32, according to CBS Los Angeles. Floria Hakimi, Nasim Ghanadan and Lara Shepherd […]

In real estate’s tech platform race, I’m betting on an underdog

Maybe Cloud CMA will take off like the new viral Shiggy dance that propelled Drake’s new “In My Feelings” music video. I would dance the Shiggy to that. Source: click here

Zillow gets broker’s license in Arizona, but has ‘no plans’ to represent homebuyers and sellers

Zillow is getting a broker’s license in Arizona, but it won’t change how the company does business, Errol Samuelson, the chief industry development officer at Zillow, told Inman on Monday. Source: click here

Wells Fargo blames 400 improper foreclosures on computer glitch

Wells Fargo improperly foreclosed on approximately 400 homes in which homeowners should have been eligible for a loan modification, according to the bank’s SEC filings. The troubled institution blamed the error on a computer glitch that occurred with an automated underwriting tool. The homes were foreclosed on between April 13, 2010 and October 20, 2015, according […]

WATCH: 5 ways Alexa can improve your real estate business

Tiffany McQuaid of McQuaid & Company Real Estate Services shared with the Inman Connect San Francisco audience five ways Amazon’s Alexa can help you improve your real estate business. Source: click here

Want to break into luxury real estate? Find out at Luxury Connect

This summer we’re looking at the state of the luxury agent & broker in today’s increasingly complex real estate market. In October, we’ll gather in Beverly Hills at Luxury Connect to share best practices, network, and create blueprint for the luxury agent/broker of tomorrow. Don’t miss it. What does it take to sell luxury real estate? The ability […]

Zillow announces major acquisition, posts loss of $3.09M in second quarter

The operator of listing portals Zillow, Trulia, StreetEasy and RealEstate.com, posted a $3.09 million net loss in the second quarter, down from a $21.8 million loss a year ago… Source: click here

WATCH: 5 things to know before picking a CRM

Sarita Dua, principal broker at Keller Williams Realty Professionals, shared the top five areas to focus on when choosing a CRM vendor. Source: click here

Zillow to acquire Mortgage Lenders of America, streamline buying through Zillow Offers

Zillow announced an agreement on Monday to acquire the Kansas-based online direct mortgage lending company Mortgage Lenders of America in a move aimed at streamlining the homebuying process for consumers looking to purchase directly from the Seattle-based technology giant through its Zillow Offers program.  Errol Samuelson, the chief industry development officer at Zillow “The goal here is […]

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