Tag Archives: News Brief

All gas, no brakes: Knock speeds into Detroit en route to 75 markets

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As of Thursday, Knock’s Home Swap and Knock GO, its “same-as-cash” mortgage product, will be offered to consumers in the Detroit, Ann Arbor and Flint through its network of partner agents. Continue reading →

Compass hires new sales executive from Brown Harris Stevens

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Fritz Frigan most recently worked as an executive vice president at the New York City-based brokerage Brown Harris Stevens. Continue reading →

The SALT deduction: What to know and how it could change

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Congress could repeal the current cap on state and local tax deductions, a move that the Committee for a Responsible Federal Budget said would benefit wealthy homeowners rather than the typical middle-income family. Continue reading →

Zillow stocks plunge as competing iBuyers hang steady amid chaos

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Thirty minutes into trading on Wednesday, Zillow Group’s stock was down about 16.6 percent to around $70.55 per share. Continue reading →

Opendoor plans to hire nearly 100 tech engineers in Canada

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The new team members will be based in Toronto and will work on financial platforms and technology infrastructure. Continue reading →

Architect resigns over billionaire’s vision for windowless dorm rooms

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Dennis McFadden, a consulting architect at the University of California Santa Barbara, resigned, calling the dorm plans a “social and psychological experiment.” Continue reading →

Zillow shooting for 7,000 home sales at $2.8B after iBuying pause: Report

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The news comes just weeks after the company announced a pause in its iBuying, and follows reports that it was underpricing homes in a number of cities. Continue reading →