Tag Archives: Industry News

Purplebricks raises its fee in Australia, but has ‘no plans’ for a US hike

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In the United States, Purplebricks’ flat-fee for homesellers was recently raised from $3,200 to $3,600 USD. Sellers pay the fee upfront, regardless of whether or not their home successfully sells with the brokerage. Continue reading →

It’s a small world after all: Single-family home construction plunged and average lot shrunk in 2017

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Using data from the U.S. Census Bureau, the real estate database company found that home construction was down in each of the nine census divisions. Continue reading →

Rental platform Zumper raises $46M to build out its product, hire employees

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The Series C funding round will help the San Francisco startup with its in-progress online service for connecting renters to landlords Continue reading →

Armed with $1.2B, Bungalo launches into crowded iBuyer market

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A new, extremely well-funded online homeselling startup has entered the fray. It offers a platform that lets buyers search, tour, finance and close on a home and looks positioned to flip thousands of homes in the years ahead. Continue reading →

Home sales in California have fallen for 4 months straight

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Near record-high home prices are crushing demand in California, according to the latest home sales data from the California Association of Realtors (C.A.R.). The state dropped below the 400,000 sales benchmark in August, the first time in two years sal… Continue reading →

Agent and builder tech startups chosen for new MetaProp $1.5M funding round

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MetaProp, the New York City-based property technology (proptech) early stage venture capital firm and tech growth accelerator announced it’s investing $1.5 million in a number of real estate-related startups. Continue reading →

Big real estate software vendor Lone Wolf admits to vulnerability, says it’s fixed

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Lone Wolf Technologies’ legacy platform loadingDOCS had a security vulnerability that could have potentially exposed stored information to hackers. The company confirmed the vulnerability did exist, but said according to an internal study, no data was … Continue reading →

REBNY to honor 7 NYC real estate leaders at annual awards banquet

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The Real Estate Board of New York (REBNY) announced the yearly winners of the trade associations top awards for outstanding professional success and exceptional contributions to the industry. Continue reading →