Fair lending policy director faces accusations of racism in blog post

A high-ranking policy director at the Consumer Financial Protection Bureau (CFPB) responsible for overseeing fair lending practices is under fire for a racially charged blog post. Continue reading

Real estate data startup Cherre raises $9 million in seed round

New York-based big data startup Cherre just secured $9 million in a seed round led by Navitas Capital, the company announced on Monday. Continue reading

Uh-oh: high-risk home loans are on the rise again

Now that these buyers have relatively easy access to credit (albeit high-risk) they’re snapping up homes at the lowest price tier and driving up home prices… Continue reading

Knock now grades homes on scale from ‘Awesome’ to ‘Awful’

Home trade-in startup Knock wants to tell you whether to buy that house or wait: this week, it rolled out a new tool that rates listing prices from ‘Awesome’ to ‘Awful.’ Continue reading

Do real estate’s 300-year plans need a reality check?

The Softbank Vision Fund and the Qatar Investment Authority have broadened the definition of “long-term” when it comes to real estate investment. Continue reading

Women and minorities still not equal when it comes to home affordability

A new study found that, based on median incomes, single women can afford only two-thirds as much house as their male counterparts and that the highest earning ethnic group (Asians) can afford more than twice as much house as the lowest earning group (b… Continue reading

How mergers, money and machines are reshaping real estate

The real estate industry is a space ripe for change and disruption — from the way homes are bought and sold, to how people are paying and who’s doing that buying and selling. With change happening at such a torrid pace, it’s often hard to keep up, so w… Continue reading

Seattle is more affordable than Detroit? How’s that even possible?

New York City clocked in as the least affordable city, with rent accounting for 121 percent of each paycheck, according to a new study released on Friday. Continue reading

Pending home sales decrease in August, marking 8-month decline

Pending home sales dropped 2.3 percent in August — the eighth consecutive month of annualized declines, according to the National Association of Realtors. Continue reading