Tag Archives: News Brief

Realty One Group’s rental agents add RentSpree to tech stack

By Craig C. Rowe | June 14, 2022 - 6:05 pm |June 14, 2022 Uncategorized

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RentSpree’s property technology allows agents to support landlord clients and begin to build relationships with tenants as they begin their journey towards homeownership. Continue reading →

Opendoor expands into 3 new markets, hits 50-market milestone

By Jim Dalrymple II | June 14, 2022 - 10:00 am |June 14, 2022 Uncategorized

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The iBuyer will now purchase and sell homes in Boston, Cincinnati and Albuquerque. The expansion comes amid a period of rapid growth for Opendoor. Continue reading →

Revolution RE to use $3M in VC to empower landlord business data

By Craig C. Rowe | June 13, 2022 - 11:21 pm |June 13, 2022 Uncategorized

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The data aggregation and workflow automation company Revolution RE received a relatively modest monetary injection of $3 million. Continue reading →

Buyers of new homes spend double on 1st-year improvements: Analysis

By Daniel Houston | June 13, 2022 - 5:28 pm |June 13, 2022 Uncategorized

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Hidden costs loom large for buyers in the first year of homeownership, and, surprisingly, that can be even more true with a new build, according to the National Association of Homebuilders. Continue reading →

With Zillow out of the picture, share of iBuyer purchases takes a hit

By Daniel Houston | June 13, 2022 - 9:00 am |June 13, 2022 Uncategorized

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The share of homeowners who sold to an iBuyer declined in the opening months of 2022, as Zillow continued its exit from the business. Continue reading →

Sales declines, price drops and the return of buyer incentives: Oh my!

By Daniel Houston | June 9, 2022 - 9:00 am |June 9, 2022 Uncategorized

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It’s getting hairy out there for homebuilders as construction leaders report that buyers are losing interest in pricy new properties now that mortgage rates have climbed, according to a new survey. Continue reading →

What are the odds of a housing bubble? 114 experts weigh in

By Daniel Houston | June 7, 2022 - 6:20 pm |June 7, 2022 Uncategorized

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More than 100 housing experts surveyed by Zillow generally agreed that housing prices won’t face a big downturn. But a mild recession may be in play later this year or in 2023, they believe. Continue reading →

Real estate agents received billions in PPP loans during the pandemic

By Daniel Houston | June 6, 2022 - 5:26 pm |June 6, 2022 Uncategorized

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More than $3.9 billion in pandemic-relief loans went to single-employee real estate entities, according to a new report. Nearly 80 percent of that amount was forgiven. Continue reading →

Half of homebuyers cry at least once while shopping for a home: Survey

By Ben Verde | June 6, 2022 - 4:51 pm |June 6, 2022 Uncategorized

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Fifty percent of people who bought a home over the past two years say the process brought them to tears, according to a new survey conducted by Zillow. Continue reading →

Amid market jolt, hiring continues in residential development sector

By Daniel Houston | June 3, 2022 - 4:19 pm |June 3, 2022 Uncategorized

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Employers added 16,700 residential construction jobs in May on a seasonally adjusted basis, nearly doubling the national rate of job growth, according to new Department of Labor figures. Continue reading →