Millennials and baby boomers are competing for the same homes

Baby boomer parents, now empty nesters, don’t need their large two-story home anymore — they want the same kind of home millennials want. Here’s what real estate pros should know about these two generations and the housing competition between them. Continue reading

What today’s ultra-luxury buyers want might surprise you

There’s a tectonic shift taking place in the ultra-luxury market that may leave many of today’s mega-mansions languishing on the market. In fact, the very amenities that many people have valued in the past, may make their property worth less, rather th… Continue reading

Redfin Estimate comes under fire for sudden price hikes

Does Redfin Estimate artificially inflate the value of certain homes, or is it just incredibly accurate and sensitive to changing market conditions? The founder of a low-fee brokerage attempted to get to the bottom of the valuation tool and found some … Continue reading

Now buyers can get property alerts in minutes, not hours

Real estate industry software vendor WolfNet announced this week the rollout of PropertyPipeline, a tool that will allow its residential broker and agent customers to provide their clients with faster updates on when desired properties hit the market.  Continue reading

Sotheby’s International Realty adds 7th office in North Carolina

Competition in the Carolinas is heating up: Sotheby’s International Realty announced Monday the launch of Pine Sotheby’s International Realty, an independently owned and operated team of four agents that serves North Carolina’s Pinehurst, Southern Pine… Continue reading

Is blockchain a game-changer or a dead end?

Blockchain. It’s become a buzzword in real estate, but will it go the way of the QR code or actually change how the industry works? Continue reading

The Process of Applying for a Reverse Mortgage

If you are retired or preparing to retire, money may be a major concern. When you are not earning as much as you used to, even your regular living expenses can become difficult to pay. Additional medical expenses can easily pop up when you retire, and … Continue reading

Real estate data startup Cherre raises $9 million in seed round

New York-based big data startup Cherre just secured $9 million in a seed round led by Navitas Capital, the company announced on Monday. Continue reading

Uh-oh: high-risk home loans are on the rise again

Now that these buyers have relatively easy access to credit (albeit high-risk) they’re snapping up homes at the lowest price tier and driving up home prices… Continue reading

Knock now grades homes on scale from ‘Awesome’ to ‘Awful’

Home trade-in startup Knock wants to tell you whether to buy that house or wait: this week, it rolled out a new tool that rates listing prices from ‘Awesome’ to ‘Awful.’ Continue reading