Author Archives: Daniel Houston

Jobs report disappoints, but real estate hiring keeps rolling along

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Homebuilders and real estate firms posted strong hiring trends even as a federal jobs report came up far short of expectations for November. Continue reading →

Digital yachts and $2.4M virtual plots: Power brokers to sell the metaverse

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Oren and Tal Alexander, two of Douglas Elliman’s top luxury agents, are extending their reach into the metaverse of virtual real estate. Continue reading →

After rocky November, rates for 30-year mortgages stabilize above 3%

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The average rate for a 30-year mortgage has been climbing in recent months and now rests 17 percent higher than its all-time low in January, according to Freddie Mac’s latest lender survey. Continue reading →

Despite rumors, new USC football coach seeks buyers for 2 mansions

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Lincoln Riley, the newly announced University of Southern California head football coach, is seeking buyers for his two Oklahoma residences, contrary to rumors that said the school bought his homes as part of a hiring deal. Continue reading →

Home price hikes persisted in Q3 as September signaled growth decline

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Prices rose 4.2 percent in the third quarter of 2021 and were up 18.5 percent over the same time last year, according to the latest House Price Index by the Federal Housing Finance Agency. Continue reading →

Petition calls for Turpin public guardian to lose real estate license

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Vanessa Espinosa, former deputy public guardian for the Turpin children and, until recently, an agent in California, is facing calls for the state to revoke her real estate license. Continue reading →

Plot of land trades hands for record-breaking $2.4M. Oh, and it’s virtual

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The 6,000-square-foot tract of digital real estate will someday be home to a fashion outpost and event venue — in virtual reality, at least. Continue reading →

Targeting Zillow again, CoStar’s Homesnap unveils new showing tool

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The company announced its latest management tool, which it bills as a direct competitor to the widely used ShowingTime product. Continue reading →