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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

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 […]

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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