RealScout scores first place at Realogy innovation summit

After launching its largest-ever Buyer Graph in New Jersey two months ago, the California-based real estate startup reaped another hefty harvest in the Garden State with its Realogy FWD Innovation Summit victory on Wednesday night. Continue reading

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

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

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

What happens if the DOJ kills cooperation and compensation on the MLS?

Given how slowly change takes place in the real estate industry, any change in compensation may be years off, says author and coach Bernice Ross. On the other hand, if the DOJ were to force the end of the shared compensation, the industry will have to … Continue reading

Want a piece of Facebook history? Even if you don’t, it’s yours for $5.3M

The Silicon Valley home where a young Mark Zuckerberg, Dustin Moskovitz and Sean Parker gave birth to the social media network — now known as Meta — has listed for $5.3 million. Continue reading

Rocket says it’s preparing for further declines in mortgage profits

Buyout offers to approximately 2,000 workers are expected to save nation’s biggest mortgage lender roughly $180 million per year, according to a Q1 earnings call on Tuesday. Continue reading