Investment firm Marcus & Millichap expands into Montreal

Marcus & Millichap has acquired Montreal-based McGill Commercial, a move that brings the number of Canadian markets the company operates in to four. Continue reading

Keller Williams’ AI assistant Kelle is learning Kung-Fu

This is the second major upgrade Kelle has gotten since its initial launch in February 2018. In August, Kelle debuted snap, skill that provides a map-based detailed profile of a neighborhood based on borders gleaned from the homeowner social network, N… Continue reading

Don’t blame baby boomers for surging home prices: Trulia

Baby boomers have no sway on the affordability of housing in major markets like San Francisco and New York City, according to a new study. Continue reading

Returns on home-flipping fall to 4-year low

In the second quarter of 2018, the average gross return-on-investment (ROI) for flipped homes was 44.3 percent, marking a 3.5 percent decline from the first quarter, and a 5.7 percent decline from this time last year. It’s also a major drop-off from th… Continue reading

Owners.com adds 3 new home search, property tour features to site

Tech-focused real estate brokerage Owners.com, which operates in all 50 states, has announced the launch of three, new consumer-facing features for its mobile and desktop websites. Continue reading

Realogy and PHH agree to pay $17M over alleged kickbacks

Realogy and PHH Corp. will pay $17 million as part of a class-action suit in which they were accused of providing kickbacks to title providers. Continue reading

Here’s how much parents are spending to live near the best schools

According to data from home search portal realtor.com, homebuyers in California, New York and Washington state are spending well above their area’s median sales price to live within a mile of a school with a GreatSchools rating of 8 or higher. Continue reading

How one Coldwell Banker franchisee is using The Parker Principles to ‘up’ its game

On the final day of Inman Disconnect in April, the industry’s top executives and leaders came together to create The Parker Principles — a list of 12 actionable principles aimed at making the real estate industry stronger. For Washington-based Coldwell… Continue reading

Openland launches messaging tool to speed up property construction

The Y-Combinator-backed startup raised $2.25 million for its platform to make development planning and completion more efficient. Continue reading