Staffing and recruitment among top challenges for property managers in 2021

74 percent of respondents to a National Apartment Association survey said HR, staffing and recruitment issues were among their top three challenges in 2021. Continue reading

Zillow hits brakes on buying new homes for remainder of 2021

Zillow said labor and supply issues in the market have created an “operational backlog for renovations and closings.” The pause will enable the company to catch up on its existing contracts. Continue reading

‘It’s about time’: Agents cheer as Zillow braces for portal war in NYC

Agents across New York City were enthusiastic Thursday after CoStar-owned Homesnap and the Real Estate Board of New York announced plans to launch a search portal in 2022. Continue reading

ClimateCheck debuts on location intelligence platform Local Logic

The two companies’ shared interested in local data insights is one major reason the partnership was a good fit, ClimateCheck CEO Cal Inman said. Continue reading

Divvy Homes brings in $735M debt financing just months after Series D

The news follows Divvy’s $200 million Series D and will allow it to serve more Americans on their path to homeownership through a rent-to-own program. Continue reading

3 moments that made Adena Hefets into an industry disruptor

From watching her parents struggle to make ends meet as a child to connecting with an excellent mentor as an adult, these are the moments that shaped Hefets’ career. Continue reading

Latino wealth gains largely driven by real estate investments: NAHREP

Property values make up 52 percent of Latino household assets, as a result of both Latino primary homeownership and investment property assets. Continue reading

Home equity startup Point powers first of its kind securitization

With co-sponsor Redwood Trust, Inc., Point has completed the first-ever securitization backed solely by residential Home Equity Investment agreements. The transaction, which closed on September 23, issued about $146 million of asset-backed securities. Continue reading

Real estate agent in hot water over costly missing apostrophe

Anthony Zadravic if faced with up to $250,000 in court fees after he failed to place a crucial apostrophe in a Facebook post bashing his former employee. Continue reading

Zillow Housing Hackathon winners create renter affordability app

The HBCU Housing Hackathon was a seven-day virtual competition to challenge students to create and pitch tech solutions to help consumers overcome obstacles in finding a home. The winning team was from Morehouse College. Continue reading