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Once a staple of the 1970s, split-level homes are back in vogue

Split-level homes, once seen purely as retro real estate, are once again popular among some millennial homebuyers. According to Apartment Therapy, some homebuyers are specifically seeking out homes in which rooms are split between two or more floors — a type of home design that was popular in the 1970s. Google searches for “split-level home” […]

Growing number of homeowners feel ‘house rich and cash poor’

Stagnant wage growth and booming costs of living are stressing homeowners, according to a new HomeTap study released Tuesday. Source: click here

Invasion of the iSquatters: What happens when iBuyer self-tours go wrong?

IBuyers including Opendoor and Offerpad have drawn tech-savvy squatters who gain access to homes through company apps in a bid to find shelter or abuse drugs. Source: click here

WeWork’s Adam Neumann offered $1.7B to walk, SoftBank gets 80% stake

WeWork, the embattled co-working space provider that has come to embody Silicon Valley excess, will come under 80 percent ownership by venture capital giant Softbank, while the firm’s former CEO will receive up to $1.7 billion to relinquish his voting rights, according to new reports. The bailout for WeWork, which CNBC reports had been set […]

Following tech peers, Facebook pledges $1B to affordable housing

The commitment from the social network comes amid accusations of worsening housing affordability and a wider tech backlash. Source: click here

IRenter Blueground raises another $50M

Blueground, a proxy landlord that rents apartments from landlords and then subleases them to business travelers and well-heeled new arrivals, has raised an additional $50 million in a Series B funding round. Source: click here

NAR warns members about conference email scam

The National Association of Realtors (NAR) warned its members Wednesday about an ongoing scam that fraudulently asks recipients to register for an upcoming conference. The scam involves an email that, according to a NAR statement, includes a subject line inviting people to “Register for the 2019 REALTORS Conference.” However, the email is in fact a […]

Home prices continue to rise, albeit at a slower pace: FHFA

Single-family home prices climbed 0.2 percent month-over-month in August and were up 4.6 percent year-over-year, according to the latest data from the Federal Housing Finance Agency (FHFA). Despite the increases, price appreciation is actually slowing across the country. Prices increased annually in all nine census divisions that FHFA tracks, with the Pacific division reporting the […]

HouseCanary revives ComeHome as product for mortgage lenders

About nine months after real estate tech firm HouseCanary turned off its public-facing real estate portal, the company is back with a new search product meant to help banks capture more lending business. Source: click here

Vacasa wraps up purchase of Wyndham Vacation Rentals

Vacation rental startup Vacasa announced today that it has wrapped up a massive deal to acquire Wyndham Vacation Rentals, in the process growing its total portfolio to include tens of thousands of units. Source: click here

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