Housing starts soar in August but permits plunge to 15-month low

Privately-owned housing starts jumped 9.2 percent month-over-month and 9.4 percent year-over-year to a seasonally adjusted annual rate of 1,282,000, according to the latest data from the U.S. Department of Housing and Urban Development and U.S. Census … Continue reading

Purplebricks raises its fee in Australia, but has ‘no plans’ for a US hike

In the United States, Purplebricks’ flat-fee for homesellers was recently raised from $3,200 to $3,600 USD. Sellers pay the fee upfront, regardless of whether or not their home successfully sells with the brokerage. Continue reading

NAR’s dot realestate domains are available for pre-order now

Want a shot at your dream domain? If you’re a Realtor, today’s the day to hop on it, as the new .realestate top-level domain is now available for pre-sale for Realtors, starting Tuesday, September 18. Realtors with an active, .realtor domain are gettin… Continue reading

Adwerx says it can still target Facebook users who are ‘likely to move’

Despite changes to Facebook’s advertising policies, real estate technology company Adwerx is ensuring its clients they’ll still be able to target, “likely to move” Facebook users, through a new partnership with the social media giant. Continue reading

Reali releases AI tool to predict the winning bid on a home

Reali, the California-based, flat-fee tech-powered brokerage is giving its clients a leg up on other home buyers with a new predictive tool that estimates the probability of placing a winning bid on a home. Continue reading

Home sales in California have fallen for 4 months straight

Near record-high home prices are crushing demand in California, according to the latest home sales data from the California Association of Realtors (C.A.R.). The state dropped below the 400,000 sales benchmark in August, the first time in two years sal… Continue reading

Agent and builder tech startups chosen for new MetaProp $1.5M funding round

MetaProp, the New York City-based property technology (proptech) early stage venture capital firm and tech growth accelerator announced it’s investing $1.5 million in a number of real estate-related startups. Continue reading

Big real estate software vendor Lone Wolf admits to vulnerability, says it’s fixed

Lone Wolf Technologies’ legacy platform loadingDOCS had a security vulnerability that could have potentially exposed stored information to hackers. The company confirmed the vulnerability did exist, but said according to an internal study, no data was … Continue reading

REBNY to honor 7 NYC real estate leaders at annual awards banquet

The Real Estate Board of New York (REBNY) announced the yearly winners of the trade associations top awards for outstanding professional success and exceptional contributions to the industry. Continue reading

Redfin CEO Glenn Kelman: There’s too much money in real estate

Glenn Kelman, Redfin’s CEO and president took the helm of the real estate brokerage 13 years ago, this month. He talks to Inman about the ups and downs. Continue reading