Author Archives: Daniel Houston

WATCH: Like it or not, the blockchain is coming to real estate

By | | Uncategorized
Comments Off on WATCH: Like it or not, the blockchain is coming to real estate

At Inman Connect Las Vegas earlier this month, executives behind the blockchain company Consortia discussed ways the business of buying and selling real estate could change overnight. Continue reading →

Following 6-month slowdown, the home-sale boom may finally be over

By | | Uncategorized
Comments Off on Following 6-month slowdown, the home-sale boom may finally be over

Home sales were down 19 percent year over year in July, a sign the pandemic-era boom in housing demand may be in the rearview mirror, according to new data released Monday by Redfin. Continue reading →

EXp names chief growth officer in bid to streamline growth strategy

By | | Uncategorized
Comments Off on EXp names chief growth officer in bid to streamline growth strategy

The brokerage announced on Friday the promotion of Michael Valdes to chief growth officer, a role in which he will oversee the continued expansion of both eXp Realty and eXp Commercial. Continue reading →

After a decade of uninterrupted rise, Zestimates are dropping

By | | Uncategorized
Comments Off on After a decade of uninterrupted rise, Zestimates are dropping

“While July’s housing market data update is big news, and could get first-time buyers’ hopes up, the future is unlikely to bring meaningful improvement to housing affordability,” Zillow’s latest market report reads. Continue reading →

Chinese real estate crash sparks mortgage boycotts

By | | Uncategorized
Comments Off on Chinese real estate crash sparks mortgage boycotts

In China, most recent buyers of new apartments took out mortgages before their buildings were finished. Now many are threatening to not pay. Continue reading →

When will buyers quit canceling contracts? Not yet, apparently

By | | Uncategorized
Comments Off on When will buyers quit canceling contracts? Not yet, apparently

More buyers have been backing out of deals than at any time since the early weeks of the pandemic. And in July, that share ticked up again, according to a new report from Redfin. Continue reading →

New home starts fall sharply: ‘The whole housing sector is in retreat’

By | | Uncategorized
Comments Off on New home starts fall sharply: ‘The whole housing sector is in retreat’

The number of new construction projects for single family homes dropped by 10 percent in July, the steepest decline of the year, according to the U.S. Department of Housing and Urban Development. Continue reading →

5 overlooked home markets poised to keep rising in value in 2023

By | | Uncategorized
Comments Off on 5 overlooked home markets poised to keep rising in value in 2023

A housing slowdown is underway throughout much of the country. But these five local markets may be positioned to weather the storm, according to new data from Moody’s Analytics. Continue reading →