Tag Archives: News Brief

Pending home sales dip annually for 14th straight month

By Patrick Kearns | March 28, 2019 - 2:03 pm |March 28, 2019 Uncategorized

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Pending home sales dropped 1 percent from January to February and were down 4.9 percent year-over-year, according to the National Association of Realtors. Continue reading →

Real Trends 500 website hacked hours after new rankings debut

By Jim Dalrymple II | March 27, 2019 - 6:50 pm |March 27, 2019 Uncategorized

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Just hours after announcing its latest real estate rankings, Real Trends 500 said it was the victim of a deliberate digital attack that brought down its website. Continue reading →

Bidding wars are way down among Redfin homebuyers

By Jim Dalrymple II | March 27, 2019 - 5:14 pm |March 27, 2019 Uncategorized

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Only 16 percent of homebuyers using Redfin faced a bidding war during the first weeks of March, the online brokerage reported Wednesday. Continue reading →

Fannie Mae appoints Hugh Frater as permanent CEO

By Veronika Bondarenko | March 27, 2019 - 3:05 pm |March 27, 2019 Uncategorized

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Fannie Mae has appointed Hugh Frater as its permanent chief executive officer following a six-month search to replace former CEO Timothy Mayoupolos, who stepped down in October. Continue reading →

Chicago-based Abode has acquired discounter USRealty

By Jim Dalrymple II | March 27, 2019 - 2:16 pm |March 27, 2019 Uncategorized

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Abode, a company that is trying to streamline the home buying process while providing deep discounts to consumers, has acquired discount brokerage USRealty. Continue reading →

HomeServices dethrones NRT as top brokerage in the US: Real Trends

By Jim Dalrymple II | March 27, 2019 - 10:00 am |March 27, 2019 Uncategorized

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HomeServices of America has ended NRT’s two-decade reign atop the Real Trends 500 list, beating the Realogy company in number of transactions. Continue reading →

Revaluate’s ‘Likely-To-Move’ score is right 1 in 5 times

By Craig C. Rowe | March 26, 2019 - 8:23 pm |March 26, 2019 Uncategorized

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Altos Research performed an independent study of Revaluate’s “Likely-To-Move” score, and the results show that it’s accurate 19.5 percent of the time. Continue reading →

PeerStreet expands loan product line for private investors

By Veronika Bondarenko | March 26, 2019 - 4:10 pm |March 26, 2019 Uncategorized

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The loans, which will vary from $75,000 to $1.5 million and come with an interest rate from 6.5 to 10 percent, are aimed at lenders hoping to reach borrowers in search of investment properties. Continue reading →

Redfin taps Queer Eye’s Bobby Berk for latest ad campaign

By Veronika Bondarenko | March 26, 2019 - 3:16 pm |March 26, 2019 Uncategorized

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Redfin’s latest ad campaign features a familiar face — Bobby Berk, the design expert on Netflix’s Queer Eye reboot. Continue reading →

Prices edged up slightly from December to January: FHFA

By Patrick Kearns | March 26, 2019 - 2:23 pm |March 26, 2019 Uncategorized

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U.S. home prices rose slightly from December to January, up 0.6 percent according to the Federal Housing Finance Agency (FHFA). Continue reading →