California attorney general Rob Bonta claimed in a civil lawsuit filed in LA County Superior Court that Shangri-La Industries illegally put developments in the state’s Project Homekey homeless housing program under threat by borrowing against them. Continue reading
As many as 80 percent of agents are using AI to do things like write listing descriptions, but real estate leaders also have concerns about “guardrails” for the tech. Continue reading
The Federal Trade Commission has ordered Ganadores Real Estate to refund consumers after making false real estate coaching and mentoring promises. The group charged $28,000 per student and promised six-figure returns. Continue reading
Overmoon, a company in the increasingly popular vacation rental market, is off to a stellar start in 2024, having secured $80 million in debt and equity funding to launch their tech-enabled solution for owners of vacation rentals, or those who inspire … Continue reading
Kenya Burrell-VanWormer, chief growth officer at NEO, and Katherine Winston, founding member and head of marketing at Plunk, have teamed up to build a program that will provide professional mentorship for minority entrepreneurs in proptech. Continue reading
Dan Troup will lead a company founded by brokerages and MLSs, which aims to build an alternative to big portals such as Zillow and Realtor.com. Continue reading
Gurley joins Zillow at a time when the portal giant is under pressure to evolve and deliver on its promise to create a housing super app. Continue reading
Stijn Van Nieuwerburgh, whose 2022 paper inspired debate about the future of big cities, says things now seem to be looking up for New York City. Continue reading
The Tate Property Group joins Coldwell Banker as the recruiting of rockstar agents and teams remains one of the low-key most important trends in real estate. Continue reading
J. Michael Issa of B. Riley Financial is alleging in a lawsuit filed in LA Superior Court last month that the city reneged on its word that permits on the property’s building site were still active. Continue reading