Tag Archives: Markets & Economy

Texas man sentenced in insider trading scheme over Move Inc. tip

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Authorities say Hamed Ettu, 44, illegally purchased call options in Move Inc., the operator of realtor.com. Continue reading →

International buyers are spending a lot less in the U.S.

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A slowing global economy and a shortage of available U.S. homes contributed to a slowdown in purchases from foreign buyers, according to a new NAR report. Continue reading →

Fifth Wall Ventures announces new $500M proptech fund

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Fifth Wall Ventures announced today it successfully hit its $500 million goal for a second proptech fund. The Opendoor and Blend-backer now has 48 global limited partners across a number of proptech subsectors, giving startups access to some of the ind… Continue reading →

Former Fox & Friends host flees US amid probe into RE deals

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Clayton Morris and his wife fled for a coastal town in Portugal in the midst of pending lawsuits involving recent real estate deals. Continue reading →

Single-family rent prices up 3 percent in May: CoreLogic

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According to the latest CoreLogic data released on Tuesday, monthly rent for a single-family home grew by 3 percent to an average of $1,442 in May. Continue reading →

Developer fans cash at homeless encampment in ploy to clear site

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Gene Gorelik dropped dollar bills on a homeless camp in an attempt to get residents to leave. None took the offer and the developer was escorted off the site. Continue reading →

BlackRock raises its stake in plummeting Realogy

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Investment management firm BlackRock now owns a stake in the real estate holding company valued at approximately 16 percent. Continue reading →

NAR affordability index dips for third straight month

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The National Association of Realtors affordability index dipped for the third straight month in May, meaning the typical family had less estimated income to afford a home at the national median price, according to data released Friday. Continue reading →