Author Archives: Marian McPherson

Perch pulls in $220M in latest funding round

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New York City-based iBuyer Perch announced on Tuesday the completion of a $220 million Series B funding round with $20 million in equity funding and $200 million in debt financing. Continue reading →

What agents are saying about Zillow’s self-guided home tours

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A week after Zillow announced “Tour it Now,” agents lambasted the company’s moves to establish dominance in the iBuyer space. Continue reading →

Mortgage rates see biggest plunge in over a decade

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Average 30-year fixed-rate mortgages declined by 22 basis points from 4.28 percent to 4.06 percent, resulting in the biggest single-week decline in rates since 2008, according to Freddie Mac’s latest Primary Mortgage Survey released on Thursday. Continue reading →

Discrimination fears keep LGBT homebuyers on sidelines: Poll

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Fear of discrimination by new neighbors, agents and sellers is keeping LGBT renters from making their first home purchase, according to the National Association of Gay and Lesbian Real Estate Professionals third annual LGBT Real Estate Report released … Continue reading →

Homeownership isn’t a necessity for most millennials: Survey

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According to a new survey commissioned by Northshore Fireplace, 65 percent of millennials believe homeownership is a ‘choice,’ rather than a necessity. Continue reading →

Fintech startup Point raises $122M in latest funding round

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Fintech startup Point on Wednesday announced the completion of a $122 million funding round, $22 million of which came from Series B funding led by Prudential Financial and DAG Ventures. Continue reading →

Coldwell Banker wants to embolden female executives

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Women account for 63 percent of all Realtors yet more men lead companies as a broker-owner or selling manager, according to NAR. Continue reading →

How real estate gave Jamie Zapata a new lease on life

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Fifteen months ago, Jamie Zapata began her career as a real estate agent after facing decades of discrimination at other jobs for being a transgender woman. Continue reading →

Mortgage originations sink to 4-year low: New York Fed

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Mortgage originations sunk to a four-year low in 2018, according to the Federal Reserve Bank of New York’s quarterly household debt report released Tuesday. Continue reading →

How the right lighting can get buyers in the mood (for a home)

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Real estate agents could take a cue from Cupid, and learn how to set the mood for home buying using a simple, but effective lighting plan. Continue reading →