HUD releases new income limits for housing programs

According to a primer provided by HUD, eligibility for programs is based on three income levels — extremely low income (less than 30 percent of the median family income), very low (less than 50 percent of the median family income), and low (less than 8… Continue reading

Home profit margins soften nationwide

Homeowners who sold their home in Q1 2019 experienced an average price gain of $57,500 since purchase — a $2,500 quarter-over-quarter decline from Q4 2018 and a $767 year-over-year increase from Q1 2018. Continue reading

Houzz app now lets you test new floors in augmented reality

Although the tool is geared towards consumers,  Huang says real estate agents can use View in My Room 3D to do on-the-spot staging that helps buyers make a home purchasing decision or help sellers make a design choice that could potentially boost a hom… Continue reading

MoveEasy to launch ‘Concierge for Life’ Amazon Alexa skill in May

Post-transaction service company MoveEasy on Tuesday announced the upcoming launch of “Concierge for Life,” a new Amazon Alexa skill. Continue reading

Constellation buys cloud-based marketing company TORCHx

Toronto-based Constellation Real Estate Group on Tuesday announced it would be acquiring TORCHx, a cloud-based marketing solutions company. Continue reading

Judge rules against condo board’s discriminatory swimming pool rule

The ACLU announced a victory in a discrimination suit against a New Jersey condominium community for seniors that enforced a policy that limited tenants’ pool usage based on their gender. Continue reading

Perch pulls in $220M in latest funding round

New York City-based iBuyer Perch announced on Tuesday the completion of a $220 million Series B funding round with $20 million in equity funding and $200 million in debt financing. Continue reading

What agents are saying about Zillow’s self-guided home tours

A week after Zillow announced “Tour it Now,” agents lambasted the company’s moves to establish dominance in the iBuyer space. Continue reading

Mortgage rates see biggest plunge in over a decade

Average 30-year fixed-rate mortgages declined by 22 basis points from 4.28 percent to 4.06 percent, resulting in the biggest single-week decline in rates since 2008, according to Freddie Mac’s latest Primary Mortgage Survey released on Thursday. Continue reading

Discrimination fears keep LGBT homebuyers on sidelines: Poll

Fear of discrimination by new neighbors, agents and sellers is keeping LGBT renters from making their first home purchase, according to the National Association of Gay and Lesbian Real Estate Professionals third annual LGBT Real Estate Report released … Continue reading