Opendoor aims for 2-minute pre-approvals with new app

The new app combs through data and comes up with a maximum price a consumer should be able to afford. Opendoor believes the process will be faster and easier for consumers than traditional pre-approvals. Continue reading

Zombie foreclosures post 1st increase since moratorium’s end

The number of vacant properties going through the foreclosure process is on the rise once again, even as fewer total properties lie vacant. Continue reading

Developer rolls the die with Tokyo iconic ‘cube’ tower demolition

After a 15-year effort to save Toyko’s Nakagin Capsule Tower, developers are demolishing the building. But Nakagin’s final residents believe it’s a mistake. Continue reading

Developer rolls the die with Tokyo iconic ‘cube’ tower demolition

After a 15-year effort to save Toyko’s Nakagin Capsule Tower, developers are demolishing the building. But Nakagin’s final residents believe it’s a mistake. Continue reading

‘Stripe for real estate’ debuts today to fund Power Buyer deals

Setpoint is the latest venture from Ben Rubenstein, a former executive of Opcity and Realtor.com. Continue reading

Lumber prices sawed in half in 2nd pandemic-era plunge

The price of lumber has taken another dramatic downturn, just the latest wild swing for builders in the cost of home construction. Continue reading

SafeRent discriminated against Black, Hispanic renters often: Suit

The tenant screener violated the Fair Housing Act for years as it doled out disproportionately low risk scores to Black and Hispanic rental applicants with housing vouchers, a new federal lawsuit says. Continue reading

BridgeMLS members able to pilot proptech in partnership with Openn

A mobile, transparency-in-transaction software company, Openn, has started a pilot program to test its platform with agents in the Golden State. Continue reading