Tag Archives: News Brief

Homebuyers descend upon a key battleground: the suburbs

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The pandemic-era home market has been marked by frenzied competition among buyers. But one arena in particular has been hardest-fought. Continue reading →

Black homeownership hasn’t slipped, but vast gulf persists

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In the first quarter of 2022, just under 45 percent of Black families owned their home, compared to 74 percent of white families, according to a Redfin analysis of U.S. Census Bureau data released Tuesday. Continue reading →

Builder confidence hits lowest level since June 2020

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A decline in consumer demand amid rising interest rates, increases in materials costs and home price growth led builder confidence to drop 8 points to 69 in May, according to the NAHB. Continue reading →

Homegenius inks partnership with Berkshire Hathaway HomeServices

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Owned by parent company Radian, Homegenius will now be put to work by more than 50,000 agents under the Berkshire Hathaway HomeServices brand. Continue reading →

CertifID locks down $12.5M Series A funds for rising wire fraud battle

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A number of software companies have taken on the fight against real estate wire fraud, and with a fresh round of Series A funding to the tune of $12.5 million, technology CertifID is even more prepared for battle. Continue reading →

First rule of housing bubbles? Don’t talk about them, economist warns

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Zillow Senior Economist Jeff Tucker is skeptical that a housing bubble is looming, but he worries such talk could hurt future buyers in need of homebuilders to continue producing new inventory. Continue reading →

Hire Impossible? Nope. DirectOffer lands Jennifer Berman as COO

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The widely recognized industry leader will be charged with leveraging her decades of expertise in real estate sales, technology development and leadership to push proptech into the future. Continue reading →

Lumber prices seesaw lower, and some homebuilders aren’t happy

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The price of lumber took a big dip to start the week, just the latest unexpected shift in the cost of building a new home. Continue reading →

Social media pours salt in Zillow’s wounds as homes are swept to sea

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Rising sea levels have swallowed multiple homes on the vacation hotspot known as the Outer Banks, including 2 this week. On Twitter, the calamity was used as a cudgel against Zestimates. Continue reading →