The Real Word: HENRYs, bickering buyers and the shutdown

Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. This week: the next generation of wealth and what agents should know.  Continue reading

Offerpad launches in Houston, eyes further expansion

That marks the Arizona-headquartered Offerpad’s second operational market in Texas and 10th across the U.S. At the moment, Offerpad also operates in Phoenix, Atlanta, Tampa, Las Vegas, Salt Lake City, Charlotte, Tucson, Orlando and Los Angeles. Continue reading

Redfin invests in tech-enabled contracting startup Pro.com

Pro.com announced a new $33 million round of funding, saying the infusion would fuel rapid expansion into new markets over the coming years. Continue reading

Microsoft is putting up $500M to help affordability crisis in Seattle

Microsoft announced Wednesday a plan to invest $500 million in affordable housing solutions for Seattle and the Puget Sound area in Washington, to alleviate the stress tech job growth is putting on the housing market. Continue reading

READ: Ex-Keller Williams CEO John Davis’s open letter

Former Keller Williams CEO John Davis insisted in an open letter to Inman that he resigned from the real estate franchise last week and was not fired. Continue reading

Shutdown prompts Fannie Mae to tweak lender requirements

As the government shutdown drags on with no end in sight, Fannie Mae is tweaking its lending requirements to accommodate people who aren’t currently getting paychecks and whose bosses aren’t around to confirm their employment. Continue reading

Zillow will buy and sell homes in five more cities

Zillow Offers, the direct-to-consumer homebuying and selling platform from the Seattle-based real estate tech titan, is coming to Miami, Minneapolis, Nashville, Orlando and Portland this year. Zillow said it will operate in all those markets by the fal… Continue reading

Another big management shuffle: Now its HomeServices

The former founder of Intero Real Estate Services is moving to a new role at the top of HomeServices of America. Gino Blefari, currently the CEO of HSF Affiliates – the subsidiary that operates the Berkshire Hathaway HomeServices and Real Living franch… Continue reading

Builder confidence rises due to falling mortgage rates

Builder confidence for newly-built single family homes is rising due to falling mortgages, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The HMI rose two points in January to 58 on an index… Continue reading