Big names backing nesto’s bid to upend Canadian mortgage lending

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“Oversubscribed” $80 million Series C round brings total funding raised by Montreal-based digital mortgage lending platform to $167.5 million. Continue reading →

Annual inflation drops to 7.1% even as housing woes persist

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Housing remained a strain on family budgets last month, but declining prices of gas, used cars and medical insurance helped soften the blow. Continue reading →

Squabble in paradise: What’ll happen to $256M in FTX real estate?

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The US and Bahamian governments are jockeying to oversee the bankruptcy of crypto exchange FTX — and its trove of real estate holdings — following the arrest Monday of Sam Bankman-Fried in the Bahamas. Continue reading →

The pandemic party for short-term rental investors is ending

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It may not be an “Airbnbust,” but homeowners who rent their properties on platforms like Airbnb and Vrbo stand to see occupancy rates rise and revenue slow in 2023, according to AirDNA. Continue reading →

Proptechs, polish your pitch decks: Fifth Wall closes record $866M fund

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Venture capital firm Fifth Wall Ventures’ fund, the largest ever to focus on real estate technology, will back early- and late-stage proptech companies, including some home renovation innovators. Continue reading →

Former LA home of ‘First Lady of Television’ Betty White demolished

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Located in the Brentwood enclave of Los Angeles, the former home of the television-acting “Golden Girl” was razed in the past week, with only a fireplace and chimney remaining of the original structure. Continue reading →

Flat-fee brokerage Houwzer acquires rival Trelora

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The acquisition will expand the company’s footprint to 14 states. The deal also comes amid a challenging time for the real estate technology sector. Continue reading →