Markets & Economy – Page 325

Opendoor nabs additional $300M at a reported $3.8B valuation

By Teke Wiggin | March 20, 2019 - 1:54 pm |March 20, 2019 Uncategorized

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Opendoor has raised an additional $300 million at a reported valuation of $3.8 billion — and it’s reportedly buying and selling 3,000 homes a month. Continue reading →

Branded Frank Lloyd Wright merch coming to a store near you

By Veronika Bondarenko | March 20, 2019 - 1:45 pm |March 20, 2019 Uncategorized

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Even as the legendary architect’s historic homes continue to command millions, the foundation billed with protecting his legacy is working behind the scenes to roll out branded merchandise including tables, lamps, rugs, notebooks, hardwood flooring and… Continue reading →

In January, single-family rent rose fastest since 2016: CoreLogic

By Veronika Bondarenko | March 19, 2019 - 2:00 pm |March 19, 2019 Uncategorized

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The cost of renting a single-family home has grown at its fastest pace since 2016, according to new CoreLogic data released Tuesday. Continue reading →

Builder confidence holds steady

By Patrick Kearns | March 18, 2019 - 2:10 pm |March 18, 2019 Uncategorized

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Builder confidence remained steady in March with the Housing Market Index (HMI) at 62, on a 0-100 scale, after climbing the past two months. Continue reading →

EXp World Holdings revenue soars 212%

By Jim Dalrymple II | March 18, 2019 - 1:00 pm |March 18, 2019 Uncategorized

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Revenue at eXp World Holdings, parent company of virtual brokerage eXp Realty, rose to 212 percent year-over-year during the final months of 2018, helping lift the company’s total take for the year to a record $500.1 million. In an earnings repor… Continue reading →

Mauricio Umansky and The Agency hit with new lawsuit

By Veronika Bondarenko | March 15, 2019 - 8:38 pm |March 15, 2019 Uncategorized

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Celebrity real estate agent and The Agency CEO Mauricio Umansky has been hit with a second lawsuit over the 2016 sale of a Miami mansion. Continue reading →

California Realtors support bills to dramatically boost housing supply

By Andrea V. Brambila | March 15, 2019 - 12:43 pm |March 15, 2019 Uncategorized

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The California Association of Realtors has put its considerable might behind several proposed bills meant to boost the state’s housing supply. Continue reading →

New home sales dropped 6.9% in January

By Patrick Kearns | March 14, 2019 - 2:24 pm |March 14, 2019 Uncategorized

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Sales of new, single-family homes dropped 6.9 percent from December to January and were down 4.1 percent year-over-year, according to the Census Bureau. Continue reading →

Offerpad scores new funding as iBuyer competition heats up

By Veronika Bondarenko | March 14, 2019 - 1:00 pm |March 14, 2019 Uncategorized

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Offerpad said it plans to be operating in more than 30 cities by the end of next year, compared to Opendoor’s goal of 50 markets nationwide in the same time frame. Continue reading →

What agents should know about tech’s next IPO boom

By Patrick Kearns | March 14, 2019 - 4:00 am |March 14, 2019 Uncategorized

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The San Francisco Bay Area could explode with new millionaires this year, as a number of the top Bay Area-based tech companies mull initial public offerings. But will this influx of new cash actually have an appreciable impact on the nation’s most expe… Continue reading →

Tag Archives: Markets & Economy

Opendoor nabs additional $300M at a reported $3.8B valuation

Branded Frank Lloyd Wright merch coming to a store near you

In January, single-family rent rose fastest since 2016: CoreLogic

Builder confidence holds steady

EXp World Holdings revenue soars 212%

Mauricio Umansky and The Agency hit with new lawsuit

California Realtors support bills to dramatically boost housing supply

New home sales dropped 6.9% in January

Offerpad scores new funding as iBuyer competition heats up

What agents should know about tech’s next IPO boom

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