Tag Archives: News Brief

10 US states where the sales-to-list gap for homes is widening the most

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West Virginia boasts the largest number of homes currently selling below list price, according to an analysis of Zillow data from the past 12 months from luxury real estate brokerage RubyHome. Continue reading →

Home offers facing competing bids have plunged over the past 6 months

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Fewer homebuyers are facing even a single competing offer. And when buyers find themselves in bidding wars, the field is less crowded, according to a report from Redfin. Continue reading →

EXp nabs high-performing Engel & Völkers team in Utah’s Park City

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The Lawson team works with high-end properties in Park City and other Utah communities. The team’s jump to eXp is the latest in an ongoing trend of teams migrating to the techie brokerage. Continue reading →

Home price growth is scaling back, but not everywhere at once: NAR

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Single-family homes saw a double-digit annual rise in sale prices in 148 of 185 metro markets in the second quarter, but overall numbers point to a housing market in the opening stages of a cooldown, according to a report. Continue reading →

Mark Cuban thinks metaverse real estate is ‘the dumbest’ thing ever

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The billionaire investor and NBA franchise owner thinks buying virtual plots of land in a crypto-fueled metaverse is dumb. Like “super, meta, immaculately dumb.” Continue reading →

Loan applications for home purchases continue 6-week slip

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Purchase loan activity has dropped in five of the last six weeks as some buyers remain wary, according to the Mortgage Bankers Association. Continue reading →

More modular? Dvele secures $15M to power up robotic construction

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Dvele has an array of home styles available from the 3,523-square-foot Trinity to the 888-square-foot Angora Modern Cottage. All customization for each floor plan is done via its web-based ordering system, which will be expanded by the most recent fund… Continue reading →

Homeward sheds 20% of workforce amid ‘sudden and sizable’ downturn

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Founder and CEO Tim Heyl told employees in a letter Wednesday that the slowing market had made a sizable dent in the company’s “buy with cash” product, according to a spokesperson. Continue reading →