Tag Archives: News Brief

Unlicensed mortgage broker siphoned off $4.74M in refi proceeds

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An unlicensed mortgage broker faces up to 30 years in prison after pleading guilty to a fraud scheme in which $4.74 million in mortgage refinancing proceeds were allegedly wired to accounts controlled by the perpetrators. Continue reading →

IBuyers on track to have record-setting sales in Q3

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A new report from Zillow found that the nation’s four largest iBuyers reached a 1 percent market share in the second quarter of 2021, setting the stage for record-breaking sales in Q3. Continue reading →

Opendoor acquires 2 home renovation startups

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The iBuying giant will keep the teams and technology from Skylight and Pro.com, but will discontinue the brands themselves. Continue reading →

Home price growth soars to an all-time high in July

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Home price growth in July soared a record-shattering 18 percent year over year, the highest price appreciation recorded since CoreLogic began tracking the metric in 1976. Continue reading →

Uncertain school year fuels renewed interest in at-home classrooms

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With the school year beginning next week for millions of students nationwide, parents in search of a new home are once again considering space for at-home learning stations. Continue reading →

Offerpad enters the NY Stock Exchange with a $2.7B valuation

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The iBuyer went public a day after merging with the Spencer Rascoff-led Supernova Partners Acquisition Company. The company will now be known as “Offerpad Solutions.” Continue reading →

Keller Williams distributes grants, supplies to agents impacted by Ida

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The KW Cares program mobilized in the wake of Hurricane Ida last week and should end up providing assistance to 2,000 people suffering impacts from the storm. Continue reading →

Americans’ preferences for bigger houses are growing

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Bigger and more spread-out housing is more popular now than it was two years ago. That preference cuts across political divides and demographic categories based on race, education and age. Continue reading →