In May 2019, the average tenure of homeowners in the U.S. — that is, the amount of time a typical homeowner lives in their home — rose 10 percent year-over-year to 11.3 years… Continue reading
It’s designed to streamline the process of creating Facebook ads and capturing leads for Realtors, so they can tap the social media network for business without spending much time on it, generating Facebook ads for an agent’s listings sourced from the … Continue reading
Guild Mortgage, one of the largest mortgage lenders in the U.S., has become the latest home loan provider to treat short-term rental revenue from Airbnb as income for homeowners applying to refinance their homes. Continue reading
In a little more than a year, Zillow Offers has quickly expanded to 11 markets nationwide, and the number of homes it has listed for sale at any given time is rising rapidly, catching up to other major rival “iBuyers” and even exceeding them in some ca… Continue reading
The Vision Fund’s commitment to real estate remains intact, according to a person familiar with its thinking. By the fund’s estimation, it’s still early innings for industry disruption, the person said. Continue reading
Clever’s pitch to homesellers, which account for the vast majority of referrals it makes, is full service from a top-performing agent for a 1 percent listing fee or a minimum of $3,000 — whichever is greater. That’s a third of the typical listing fee… Continue reading
IBuyer expert and real estate analyst Mike DelPrete explains how market incumbents are stepping up their game to adapt to a shifting business landscape ahead of Inman Connect Las Vegas on July 22-26. Continue reading
D. Alexander marks one of the first publicized bids to ‘institutionalize’ yet another segment of the market. Continue reading
CNBC profile explored the personal experiences that led Eric Wu to found Opendoor, an iBuyer based in San Francisco valued at $3.8 billion. Continue reading
For a decade, NAR has urged the Federal Housing Administration to make it easier for condo buyers to qualify for FHA-insured mortgages. Now the FHA is making progress on this front. Continue reading