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LA City Council unanimously passes moratorium on no-fault evictions

The Los Angeles City Council unanimously passed an emergency moratorium on no-fault evictions on Tuesday, one week after tenants in the city pleaded with the council to stop the rash of evictions ahead of the January 1 rent-control law deadline. “We want to make sure that we can protect tenants,” Councilman Mitch O’Farrell said according […]

CoreLogic beats consensus, posts net income of $41M in Q3

The financial services and analytics firm, which provides products and services to the real estate industry, generated $459 million in revenue in the third quarter. Source: click here

@properties founders launch agent-oriented podcast

Major Chicago-based brokerage @properties announced this week that it has launched a new podcast in which the firm’s founders discuss various industry issues that matter to their agents. Source: click here

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 […]

How to find a reliable property manager

Real estate investing can be a lucrative venture, with the average investor generating $124,000 in gross rental income annually. Although some may see real estate investing as a source of passive income, it’s essential to remember tenants and clients are relying on you to provide excellent, on-demand service. So, what happens when you believe you’ve […]

Pulse: 15 ways to respond to ‘You haven’t sold any houses in our area’

Here are some more arrows for your quiver the next time a seller questions your local experience. (Stay tuned for a new survey question Wednesday!) Source: click here

Agent/broker perspective: Should political opinions be kept off social media?

In this column, Anthony Askowitz explores a hypothetical Miami real estate situation from both sides of the broker/agent dynamic. This month: An agent with strong political and societal opinions wants to share them on her social media platforms. How can her broker help put a firewall between her personal and business accounts and avoid potentially controversial opinions? Source: click here

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