Monthly Archives: April 2021

Homebuilders can’t catch up with demand

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Shortage of new homes is pushing up housing prices and threatening to slow down the entire economy, according to a report by Freddie Mac’s chief economist. Continue reading →

Douglas Elliman parent company invests in another proptech startup

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Vector Group, which launched its proptech investment arm in March, has now added the New York-based tech-enabled home management service Humming Homes to its list of invested in companies. Continue reading →

March was the hottest month in housing history

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The median home price rose 17 percent annually to $353,000, according to Redfin’s March housing report. Nearly half of homes sold above asking price. Continue reading →

Builder confidence on the up and up

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Nationwide builder sentiment rose by one point to 83 in April, according to the National Association of Home Builders/Wells Fargo Housing Market Index. Continue reading →

Why the nation’s largest MLS is declaring Saturday a work day

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In a bid to close a pocket listing loophole, CRMLS created the change to prevent agents who publicly advertise a listing on a Friday from waiting until Monday to submit it to the MLS. Continue reading →

Browse second-home opportunities on updated Pacaso app

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Pacaso’s mobile app allows users to browse available homes, share them with aspiring co-owners and friends, and be alerted to new properties or changes to those they’re following. The company’s intent is to democratize second homeownership. Continue reading →