Tag Archives: Industry News

Low mortgage rates are leading to more affordability: NAR

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The National Association of Realtors affordability index ticked up in February, meaning the typical family had more estimated income to afford a home at the national median price. Continue reading →

The Real Word: Will Zestimates become live offers?

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Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. This week, Zestimates. The AVM (automated valuation model) put Zillow on the map. If Zestimates become live offers, how will agents fare?  Continue reading →

Insurance startup Lemonade raises $300M funding round

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Lemonade, a tech-centric insurance startup that uses artificial intelligence, announced Thursday it had raised $300 million in a new round of funding. Continue reading →

Redfin expands in the Midwest, launches in Des Moines and Lincoln

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In the two new markets, Redfin agents – who are employees, not independent contractors – will sell homes for a 1.5 percent listing fee versus the industry standard 3 percent. However, 1.5 percent is still higher than the 1 percent listing fee Redfin of… Continue reading →

HBO’s John Oliver puts spotlight on mobile home industry

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On Sunday, HBO’s Last Week Tonight with John Oliver delved into the mobile home industry, otherwise known as the manufactured home or trailer industry. Continue reading →

‘Survival of the fittest’: Real estate pros predict far fewer agents

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There are more than a million agents in the U.S. right now, but if some of the industry’s leaders are right that number is poised to get much smaller. Continue reading →

Keller Williams wants to be Redfin

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Keller Williams has famously declared itself a “technology company” and is investing heavily in software, but it turns out the firm has an even more specific goal in mind: It wants to be Redfin. Continue reading →

Compass doesn’t care if it builds or buys its technology: Reffkin

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A month and a half after Compass surprised the real estate industry by snatching up CRM maker Contractually, Robert Reffkin said he doesn’t care if his company builds or buys its technology. Continue reading →