Tag Archives: Austin

iBuying giant Opendoor to begin offering home loans

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iBuying behemoth Opendoor announced Thursday that it has launched its own mortgage lending service, marking the company’s latest move to completely upend the real estate industry. Opendoor Home Loans is now live in Texas markets Dallas-Fort Worth, Aust… Continue reading →

Rents in the U.S. just keep going up and up

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The average rent was up 3.2 percent year-over-year in June. Last month also saw the biggest average rent increase in more than a year Continue reading →

Airbnb teams up with developer for hotel-condo hybrid

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Two upcoming buildings from Airbnb and NGD Homesharing in Austin and Miami will have hotel licenses, giving unit owners the freedom to rent them out as much as they want. Continue reading →

Rents are rising, but the US lacks sufficient middle income housing

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Recent years have been a boon for landlords and a recession doesn’t appear imminent, though the multifamily housing market does face some challenges. Continue reading →

Google’s big Bay Area housing investment won’t be enough

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Economists praised the tech giant’s plan to spend $1 billion on Bay Area housing, but expressed skepticism that the efforts will solve the region’s housing crisis. Continue reading →

Why didn’t all the rain put a halt to homes sales this spring?

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The conventional wisdom is that the past month of nonstop rain should have put a damper on real estate sales, but, in fact, the opposite has happened. Continue reading →

Two of Austin’s largest indie brokerages are joining forces

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Realty Austin, the largest independent brokerage in Austin, said its acquisition of Reilly Realtors should give it 10 percent of the market in the city. Continue reading →

Compass launches in Austin with top-performing Sotheby’s agents

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Compass is officially launching in Austin with four of the city’s top-performing agents, the company announced on Tuesday. Continue reading →

Nationwide foreclosure starts rise for first time in 3 years

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Foreclosure starts increased by less than 1 percent year-over-year in July after 36 consecutive months of decreases, according to Attom Data Solutions. Continue reading →