Tag Archives: News Brief

Offerpad expands to 4 markets in Midwest, Southeast

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In the second half of the year, the iBuyer will launch its services in Columbus, Ohio; Kansas City and St. Louis, Missouri; and Columbia, South Carolina. Continue reading →

MoxiWorks clients can manage showings with Instashowing

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MoxiWorks, a provider of business operation, sales and marketing software for the real estate industry, has entered into a partnership with home showing coordination app Instashowing. Continue reading →

U.S. existing home prices hit another record high in May: NAR

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Median existing-home price across all housing types hit a record high of $350,300 in May, up 23.6 percent from the year before, according to a new report released Tuesday morning by the National Association of Realtors (NAR). Home prices rose across al… Continue reading →

Real estate venture firm MetaProp raises $100 million

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MetaProp, a venture capital firm that has invested in high-profile real estate companies such as Side and Spruce, announced today that it has raised $100 million. The new money makes up MetaProp’s latest seed fund, dubbed Fund III, meaning it wil… Continue reading →

Home sale-leasebacks are surging, but are they good for homeowners?

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Sale-leasebacks can feel like a lifeline to homeowners struggling to make mortgage payments, but consumer advocacy groups are concerned over the low sales prices investors are offering. Continue reading →

Major MLSs join forces to form ‘Rosetta Stone’ of showing services

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The project comes about four months after Zillow announced its acquisition of ShowingTime, turning showing technology into one of the hottest topics in real estate. Continue reading →

Lumber prices finally drop and the stockpilers prepare to sell

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After soaring lumber prices fueled conspiracy theories this spring, and challenged homebuilders faced with an inventory shortage, prices are starting to come down. Continue reading →

Builder confidence dips slightly in June — to lowest level since August

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The Housing Market Index dropped to 81 in June, down from 83 the previous month, according to the National Association of Home Builders and Wells Fargo. Continue reading →