Trulia founder Pete Flint’s venture firm NFX raises $275M

NFX splits its investments equally between business-to-business companies and business-to-consumer companies, but said that out of 3,000 firms seeking money this year it will ultimately only fund 0.5 percent. Continue reading

Airbnb launches partnership with DNA testing company 23andMe

The partnership comes amid what Airbnb says is a rise in “heritage travel,” or trips people take to connect with their ancestors’ homelands. Continue reading

Best friends 4ever? Redfin strikes deal with Zillow to list in 4 cities

Long-time rivals Zillow and Redfin have finally made peace — over one issue at least — and struck a deal that allows the former to directly host the latter’s listings in four U.S. cities. Continue reading

NAR files motion to dismiss ‘bombshell’ buyer-side lawsuit

In a statement, NAR said it wants the suit thrown out because it “misrepresents” the organization’s rules that govern multiple listing services. Continue reading

Rental brokerage Keyo will pay landlords even if tenants default

The ‘Keyo Guarantee’ is currently available in New York City and ensures landlords will get up to 2 months rent if a tenant breaks or defaults on a lease. Continue reading

House passes Equality Act in step toward LGBT housing protections

Currently, 21 states and the District of Columbia offer prohibit discrimination on the basis of sexual orientation and gender identity. Wisconsin only banned discrimination on the basis of sexual orientation, not gender identity. Continue reading

Why didn’t all the rain put a halt to homes sales this spring?

The conventional wisdom is that the past month of nonstop rain should have put a damper on real estate sales, but, in fact, the opposite has happened. Continue reading

Brown Harris Stevens isn’t for sale — but rumors persist

In a letter to the company’s more than 1,000 agents, CEO Bess Freedman and President Hall Willkie emphatically say the company is not for sale, and accuse an unnamed brokerage of spreading rumors to support unethical recruitment tactics. Continue reading