After the Federal Trade Commission accused tenant screening company RealPage of falsely linking some prospective renters to criminal records, the company has agreed to shell out $3 million in a penalty settlement. Continue reading
Seattle broker Sam DeBord gives his take (and more) on the stories that are driving real estate headlines. This week: big money’s influence on real estate, data manipulation and OJO Labs’ acquisition of WolfNet Technology. Continue reading
Zillow benefits from practically unbeatable network effects in the consumer space. Both of these moves ignore basic strategic principles of playing to your strengths and picking battles you can win. Continue reading
Some renters are being held back by “persistent home-buying myths,” according to the latest Insights Report from Bank of America, but other would-be buyers are getting the ducks in a row and considering when, where and even with whom to buy. Continue reading
The National Association of Home Builders’ index for newly built single-family homes rose 1 percentage point month-over-month to 68, continuing a five-month trend of scores in the high 60s. Continue reading
Most Americans would rather stay in their current home and make renovations than move, according to a new study from Zillow. Continue reading
According to a press release exclusive to Inman, Revaluate’s improved predictive analytics can anticipate better than one in three times (36.4 percent) when a person will need to buy or sell a home within three to six months. Continue reading
Real estate industry software vendor WolfNet announced this week the rollout of PropertyPipeline, a tool that will allow its residential broker and agent customers to provide their clients with faster updates on when desired properties hit the market. Continue reading
A new study found that, based on median incomes, single women can afford only two-thirds as much house as their male counterparts and that the highest earning ethnic group (Asians) can afford more than twice as much house as the lowest earning group (b… Continue reading
A new national poll, commissioned by flat-fee brokerage Purplebricks, found that real estate agents and journalists are among the least trustworthy professions in American consumers’ minds. Continue reading