The number of new homes sold took a nosedive in May, falling 7.8 percent below April’s reported figure and 3.7 percent year-over-year, according to the latest data from the U.S. Census Bureau and U.S. Department of Housing and Urban Development. The median sales price of new homes sold was $308,000 and the average sales price was […]
Annual home price gains are continuing to slow down, driving toward their lowest level in seven years, according to the latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, released Tuesday. Home prices, on average, achieved an annual 3.5 percent gain in April, down from 3.7 percent the previous month. “Home price gains continued in […]
Real estate digital marketing startup Ylopo has developed a digital assistant that can send text messages and follow up with consumers on behalf of agents. Source: click here
A shortfall in housing production is making homes ever more unaffordable for modest-income households, according to Harvard’s Joint Center for Housing Studies. Source: click here
Popular online furniture and home goods store Wayfair has found itself in the middle of the politically charged fight over illegal immigration and the treatment of children detained at the U.S. border. Hundreds of employees of the Boston-headquartered merchant are reportedly planning to walk out of work tomorrow, Wednesday, June 26, in protest after learning that Wayfair […]
New York City-based developer and property manager Gotham unveiled Monday a new propriety app that allows residents to integrate every facet of the firm’s home management platform into their smartphone. From the app, residents living in buildings managed by the firm – which manages 2.3 million square feet of residential, commercial and retail properties – can […]
The company will host a cannabis-themed open house in Sherman Oaks, California, replete with plants, hemp dog treats, skincare products and lessons on leaf trimming in the cabana — all to officially launch the social real estate app that uses agent- and community-based content to promote listings. Source: click here
Community social network Nextdoor has been working for years to connect homeowners to real estate agents, but today unveiled a new tool meant to give consumers a deeper understanding of their local market and the value of their homes. “Your Home,” as the company is calling the new feature, is meant to be a landing […]
Co-living startup Venn announced Tuesday it raised $40 million in its first round of funding. The Tel Aviv, Israel-founded company aims to differentiate from numerous other competitors in the rapidly expanding co-living space such as Common, Roomi, WeLive with its focus on entire urban neighborhoods, from managing homes to supporting local businesses and creating community spaces. “We love […]
A group of New Yorkers spent years building an illegal Airbnb rental business that deceived tens of thousands of unwitting guests, trafficked in dangerous spaces and ultimately raked in millions of dollars, according to a new lawsuit. The suit, filed last week by New York City, charges a total of nine people and their businesses with […]
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