Inventory plummets, prices jump near Amazon’s HQ2 in Virginia

In the wake of Amazon’s HQ2 announcement, agents say that some sellers in Virginia are waiting to list their properties, while buyers at the lower end of the spectrum are having trouble competing for homes. Continue reading

Move over New York, here comes Charleston

In the U.S., 24-hour cities essentially translate to our gateway cities: Boston, Chicago, Los Angeles, New York, San Francisco, and Washington, D.C. Meanwhile, 18-hour cities are the markets with above-average urban population growth. Continue reading

Rents in the U.S. just keep going up and up

The average rent was up 3.2 percent year-over-year in June. Last month also saw the biggest average rent increase in more than a year Continue reading

How to begin financing investment properties

Turning homebuyers into investors can mean more financial security for them and more business for agents. But especially less-experienced investors may need help getting started Continue reading

Airbnb teams up with developer for hotel-condo hybrid

Two upcoming buildings from Airbnb and NGD Homesharing in Austin and Miami will have hotel licenses, giving unit owners the freedom to rent them out as much as they want. Continue reading

Massachusetts begins taxing short-term rentals and nightly rates are predicted to rise

The new fee kicked in on Monday and applies the state’s 5.7 percent occupancy tax, which was previously imposed on hotels, to short-term rentals that are facilitated by websites such as Airbnb, Vrbo, Vacasa and others. Continue reading

LA’s new short-term rental rules are here, hosts must pay $89 minimum fee

First, property owners who want to rent out space on Airbnb, Vrbo or similar sites have to register their units with the city and pay a fee, which they can do online here. The most basic type of home-sharing registration will allow hosts to rent out th… Continue reading

EXp Realty CEO Glenn Sanford envisions hitting 100,000 agents

Leading into Inman Connect Las Vegas in July, the eXp Realty CEO believes his virtual brokerage can grow by a factor of 5 by 2025. Continue reading

New York real estate board names new president

John Banks, the five-year president of the Real Estate Board of New York (REBNY) announced today that he’s retiring to spend more time with his family and pursue philanthropic interests. Jim Whelan, the current executive vice president has been confirm… Continue reading

EXp Realty sued for trademark infringement … by EXP Realty

Weeks after announcing an expansion into New York City, eXp Realty has been hit with a lawsuit by a very similarly named brokerage. Continue reading