Tag Archives: News Brief

Ransomware attack delays home sales in Baltimore

By | | Uncategorized
Comments Off on Ransomware attack delays home sales in Baltimore

The attack began last week and has locked up the city’s computer systems, which is preventing title companies from checking on properties’ lien status Continue reading →

Opendoor sued for trademark infringement over its mortgage brokerage

By | | Uncategorized
Comments Off on Opendoor sued for trademark infringement over its mortgage brokerage

Open Mortgage operates 79 branches in 22 states and offered $668 million in home loans in 2017, according to a complaint the lender filed with United States District Court for the Eastern District of Texas. It was founded in 2003, is headquartered in A… Continue reading →

WeWork parent company sets up $2.9B property investment fund

By | | Uncategorized
Comments Off on WeWork parent company sets up $2.9B property investment fund

The We Company, which is the parent company of WeWork, is setting up a new real estate investment fund for commercial projects around the world. Continue reading →

Builder confidence rises due to demand and limited supply: NAHB

By | | Uncategorized
Comments Off on Builder confidence rises due to demand and limited supply: NAHB

Builder confidence for newly built single-family homes rose three points to 66 in May, according to the latest data from the National Association of Home Builders.  Continue reading →

Where the billionaires are concentrated

By | | Uncategorized
Comments Off on Where the billionaires are concentrated

While the census doesn’t name individual billionaires or their ventures, these trends toward tech-centric business creation certainly include the founders of high profile Bay Area companies such as Facebook and Google. It’s also unsurprising, then, tha… Continue reading →

Price growth in the nation’s metros continues to slow

By | | Uncategorized
Comments Off on Price growth in the nation’s metros continues to slow

The median existing single-family home price in the country’s metro areas rose 3.9 percent year-over-year in the first quarter of 2019, according to NAR. Continue reading →

Crowdfunding platform buys what’s left of RealtyShares

By | | Uncategorized
Comments Off on Crowdfunding platform buys what’s left of RealtyShares

Six months after crowdfunding platform RealtyShares went bust, another real estate firm has swooped in and acquired what remains of the once-buzzy company. Continue reading →

Amazon’s $7K, do-it-yourself tiny home goes viral, sells out instantly

By | | Uncategorized
Comments Off on Amazon’s $7K, do-it-yourself tiny home goes viral, sells out instantly

If you can’t find the perfect house, have one sent to you. A build-it-yourself tiny home recently posted on Amazon has gone viral and sold out instantly. Continue reading →