Author Archives: Lillian Dickerson

Supreme Court partially blocks New York’s eviction ban

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The court argued that by allowing tenants to self-certify that they’re facing economic hardship as a result of the pandemic, New York’s COVID eviction ban was unconstitutional. Continue reading →

Home prices jump by double digits across nearly every US metro

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The median existing single-family home price rose 22.9 percent year over year during the second quarter of 2021, according to NAR. Continue reading →

Engel & Völkers brings simplicity to luxury in new marketing campaign

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Titled “Live Your Luxury,” the campaign showcases the “simple, yet personal luxuries” that come with owning a home by highlighting everyday moments that serve as little treasures. Continue reading →

Automated property inspection startup RentCheck raises $2.6M

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The startup, which helps property managers conduct remote, automated property inspections, also earned $1 million in pre-seed funding, and grew exponentially during the pandemic. Continue reading →

The best US cities for rental arbitrage in 2021

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Rental arbitrage is when an individual rents a property long-term and then rents it out to someone else short-term. A new report found that less densely packed coastal destination markets are prime locations for arbitrage in 2021. Continue reading →

First Street Foundation to build property-specific fire risk model

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The model will provide an analysis of how various factors will impact a property’s wildfire risk over the next 30 years, giving property owners better insight into their home’s future risk for wildfire. Continue reading →

Engel & Völkers majority stake acquired by global private equity firm Permira

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Financial details of the transaction were not disclosed, but the Völkers family, as well as CEO Sven Odia and CFO Thilo von Trotha, will maintain nearly 40 percent of the company’s shares. Continue reading →

3 strategies for beating institutional investors in a bidding war

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Beating out institutional investors in a bidding war is a lot like beating out other buyers, but with a bit of a twist. Continue reading →

Moderne Ventures clinches $200M in oversubscribed funding round

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The company’s second fund achieved four times the amount of the its first institutional fund and boasts contributions from a number of big names. Continue reading →