Owner of Unified Homes among 4 victims in California shooting

The business owner’s son, Luis Tovar Jr., also said his mother Blanca Tomayo and a half brother were among those killed, and that the fourth victim was an employee at the firm. Continue reading

Vacasa wraps up acquisition of major rental rival Turnkey

First announced in early March, the acquisition of TurnKey Vacation Rentals will add approximately 6,000 units to Vacasa’s ever-growing portfolio. Continue reading

Homes have literally never been more expensive

The median listing price for U.S. homes hit $370,000 in March, according to a new report. That’s higher than it has ever been in the past. Continue reading

America’s hottest neighborhoods: Oak Park in Sacramento, California

Oak Park is well located, filled with trendy shops and more affordable than many other amenity-rich neighborhoods in California. Continue reading

Bay Area indie Sereno Group merges with Dwell Realtors

The combined company will have nearly 600 agents spread out across much of Northern California. Continue reading

Teams help agents hone specialties, fast track growth

A group of panelists at Connect Now argued Tuesday that real estate teams have an array of benefits for agents, and that teams will only become more popular. Continue reading

Teams likely to ‘increase in market share’ as brokerage margins sputter

Panelists at Inman Connect Now argued that teams are nimble, and can provide significant value to both consumers and real estate professionals. Continue reading

US market data suggests a checkmark-shaped real estate recovery

The latest U.S. market data shines a light on what the dip and recovery will look like — a checkmark shape — with an immediate drop, three to four weeks at the bottom and a slow recovery period. Continue reading

Foreclosure activity continues to decline in March

Sixty-one percent of U.S. markets saw foreclosure activity drop below pre-recession levels last month, but the numbers come with “a huge caveat.” Continue reading

Mortgage rates drop to 30-year low

The average contract interest rate for 30-year fixed-rate mortgages dropped to 3.45 percent from 3.49 percent, its lowest level since the Mortgage Bankers Association began its weekly survey. Continue reading