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Real estate daily market update: January 24, 2018

 We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Wednesday, January 24 Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey The Market Composite Index, a measure of mortgage loan application volume, increased 4.5 percent on a seasonally adjusted basis from one week earlier. On an […]

Opendoor raises $100M in debt financing from homebuilder Lennar

San Francisco-based real estate startup Opendoor has closed an additional $100 million in debt financing from national homebuilder Lennar. Bloomberg today reported that Lennar was part of a group “furnishing Opendoor with $135 million in funding” alongside venture capital firm Fifth Wall Ventures, and that Opendoor had plans to expand from its current six markets to “more […]

2017 existing-home sales were the strongest in 11 years

Existing-home sales decreased 3.6 percent to a seasonally adjusted annual rate (SAAR) of 5.57 million in December — dipping from a downwardly revised 5.78 in November, the National Association of Realtors (NAR) reported today. This month’s sales pace is 1.1 percent above December 2016 and is the strongest sales pace in 11 years. A healthy economy […]

ICNY 18 day 3 recap: All of our Wednesday coverage

NEW YORK — Inman Connect New York is a shot of espresso stronger than your most ambitious Starbucks order ushering you into real estate’s future. Check out Inman’s highlight reel and top coverage for day three. Compass CEO Robert Reffkin’s 8 trends to expect by 2028 BoxBrownie unveils 360-degree photo enhancement service Traditional brokerage vs. […]

ICNY 18: BoxBrownie unveils 360-degree photo enhancement service

NEW YORK — Photo editing firm BoxBrownie is growing by thousands of customers each month on the merits of its affordable and exceptionally well-enhanced property visuals, most of which can be turned around within a day. The Australian company has come to Inman Connect before, but not with this much momentum preceding them. BoxBrownie announced […]

ICNY 18: Smart home tech is raising new questions during the home sale

What makes a home a smart home? Who gets to keep the smart lock after a house is sold? What if your real estate agent still has the password to your thermostat? These are the questions real estate professionals are figuring out on the fly — and questions that are only becoming more relevant for […]

Connect New York 2018 live stream

Catch the Inman Connect New York 2018 live stream here. WATCH LIVE STREAM Live stream schedule: Wednesday, 1/24 8:30 a.m. EST – 12:00 p.m. EST Thursday, 1/25 8:30 a.m. EST – 12:00 p.m. EST Source: click here

LBJ’s former Texas country estate hits the market for $2.8M

For $2.8 million, you’ll be able to live like a president — not at The White House, but at former president Lyndon B. Johnson’s 3,980 square-foot estate situated on 142 acres of land in the Texas Hill Country. The original ranch. (Photo: Dave Murray/DMTX Realty) Johnson bought the estate one week into his presidency in 1963 […]

Real estate daily market update: January 22, 2018

 We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Bankrate Mortgage Rates The average 30-year fixed-rate mortgage increased 2 basis points to 4.20 percent. Source: Bankrate Email market reports to press@inman.com. Source: click here

Piecing together the future: A click-to-buy real estate world

Ready for the ultimate challenge? Put together a 2,000-piece jigsaw puzzle without the box cover. Then make it interesting — flip an hourglass and race with your mates against the sand. That adrenaline rush is exactly how I have felt the past few weeks, trying to piece together what the real estate industry might look […]

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