Tag Archives: News Brief

Invasion of the iSquatters: What happens when iBuyer self-tours go wrong?

By Veronika Bondarenko | October 23, 2019 - 5:06 pm |October 23, 2019 Uncategorized

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iBuyers including Opendoor and Offerpad have drawn tech-savvy squatters who gain access to homes through company apps in a bid to find shelter or abuse drugs. Continue reading →

WeWork’s Neumann offered $1.7B to walk, Softbank gets 80% stake

By Teke Wiggin | October 23, 2019 - 4:01 pm |October 23, 2019 Uncategorized

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Softbank will bail out the co-working giant to the tune of nearly $10 billion while news outlets report that founder Adam Neumann has been offered a $1.7 billion exit package. Continue reading →

Home prices continue to rise, albeit at a slower pace: FHFA

By Patrick Kearns | October 23, 2019 - 1:44 pm |October 23, 2019 Uncategorized

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Home prices were up 0.2 percent month-over-month in August and 4.6 percent year-over-year, according to data released Wednesday. Continue reading →

Vacasa wraps up purchase of Wyndham Vacation Rentals

By Jim Dalrymple II | October 23, 2019 - 11:00 am |October 23, 2019 Uncategorized

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Vacation rental startup Vacasa announced today that it has wrapped up a massive deal to acquire Wyndham Vacation Rentals, in the process growing its total portfolio to include tens of thousands of units. Continue reading →

46% of homeowners say rising home prices have made life worse

By Marian McPherson | October 22, 2019 - 8:10 pm |October 22, 2019 Uncategorized

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According to a Redfin survey of 3,000 Americans who bought or sold a home in the last year, 46 percent of respondents say rising home prices have made their lives worse. Continue reading →

Home sales drop in September after 2 months of gains

By Patrick Kearns | October 22, 2019 - 2:15 pm |October 22, 2019 Uncategorized

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Existing-home sales fell 2.2 percent from August to September, according to the National Association of Realtors. Continue reading →

Fires imperil wealthy Los Angeles neighborhoods, celebrity homes

By Veronika Bondarenko | October 22, 2019 - 1:13 pm |October 22, 2019 Uncategorized

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On Monday, the Los Angeles Fire Department gave evacuation orders for 200 homes. Stars including Tyra Banks, Reese Witherspoon and Adam Levine live nearby. Continue reading →

Opendoor launches in Salt Lake City

By Jim Dalrymple II | October 22, 2019 - 1:00 pm |October 22, 2019 Uncategorized

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Opendoor, the well-funded and market-leading iBuying startup, announced Tuesday that it has launched operations in the Salt Lake City, Utah, area. Continue reading →

Wife can’t perform ‘spousal duties’ after fall at home showing: Suit

By Jim Dalrymple II | October 22, 2019 - 12:54 pm |October 22, 2019 Uncategorized

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Lisa and Marc Primeau are suing HomeSmart, Keller Williams and a pair of Orange County, California, brokers after the woman says she fell on an uneven patio. Continue reading →

Frank Lloyd Wright’s famous Ennis House sells for $18M

By Veronika Bondarenko | October 21, 2019 - 3:02 pm |October 21, 2019 Uncategorized

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One of Wright’s most iconic masterpieces, the Mayan-inspired Ennis House, has sold for $18 million to an unidentified buyer. Continue reading →