Tag Archives: Industry News

Skyrocketing home prices diminish rental returns: Report

By Ben Verde | May 20, 2022 - 7:01 pm |May 20, 2022 Uncategorized

Comments Off on Skyrocketing home prices diminish rental returns: Report

The report found that three-quarters of counties where median home prices exceeded $250,000 saw declines in rental yields. Continue reading →

Lower partners with Orchard to offer Power Buyer services

By Matt Carter | May 20, 2022 - 5:18 pm |May 20, 2022 Uncategorized

Comments Off on Lower partners with Orchard to offer Power Buyer services

As rising interest rates curb mortgage refinancings, Lower will also target homebuyers through a strategic partnership with iBuyer powerhouse Opendoor. Continue reading →

Compass cash, housing bubble, being Anywhere: Inman’s Top 5

By Dani Vanderboegh | May 20, 2022 - 1:57 pm |May 20, 2022 Uncategorized

Comments Off on Compass cash, housing bubble, being Anywhere: Inman’s Top 5

Looking for a quick catch-up on the buzziest stories of the past seven days? Here’s Inman Top 5, the most essential stories of the week, according to Inman readers. Continue reading →

Insurance agency says REX is still operating, praises tech

By Andrea V. Brambila | May 19, 2022 - 10:50 pm |May 19, 2022 Uncategorized

Comments Off on Insurance agency says REX is still operating, praises tech

PIUS CEO tells Inman the company is operating ‘on a smaller scale,’ but a former REX agent says those operations no longer include handling real estate transactions. Continue reading →

Brown Harris Stevens sets Rhinebeck, NY, storefront opening

By Lillian Dickerson | May 19, 2022 - 9:05 pm |May 19, 2022 Uncategorized

Comments Off on Brown Harris Stevens sets Rhinebeck, NY, storefront opening

The brokerage also revealed that associate broker Lisa Fountain will be the office’s executive director of sales. Continue reading →

Bright first MLS to hire a chief economist

By Andrea V. Brambila | May 19, 2022 - 7:57 pm |May 19, 2022 Uncategorized

Comments Off on Bright first MLS to hire a chief economist

Dr. Lisa Sturtevant will help Bright with “critical business decisions around the company’s data assets” such as evaluating products and partnerships. Continue reading →

Propy launches new blockchain-based title and escrow product

By Jim Dalrymple II | May 19, 2022 - 1:00 pm |May 19, 2022 Uncategorized

Comments Off on Propy launches new blockchain-based title and escrow product

The new service is meant to make closing on a real estate deal faster, easier and more secure. Continue reading →

E-recording now an option for more than 9 in 10 Americans

By Matt Carter | May 18, 2022 - 7:16 pm |May 18, 2022 Uncategorized

Comments Off on E-recording now an option for more than 9 in 10 Americans

Electronic document recording providers Simplifile, ePN and CSC grow their networks even as business slows. Continue reading →

Team of rivals: Zillow and Redfin partner to syndicate 3D Home tours

By Marian McPherson | May 18, 2022 - 5:47 pm |May 18, 2022 Uncategorized

Comments Off on Team of rivals: Zillow and Redfin partner to syndicate 3D Home tours

Listing agents using Zillow 3D Home tours no longer have to manually add their tours to Redfin. This is the second partnership between the real estate search portal rivals since 2019. Continue reading →

Competition declines for second straight month, report finds

By Ben Verde | May 18, 2022 - 5:37 pm |May 18, 2022 Uncategorized

Comments Off on Competition declines for second straight month, report finds

The dip in competition can be attributed to the increase in mortgage rates, which reached 5.3 percent in May after starting March at just 3.76 percent. Continue reading →