Design-focused indie brokerage Deasy/Penner acquires Podley Properties

SoCal-based luxury real estate brokerage Deasy/Penner has acquired Podley Properties, an independently-owned brokerage with a team of 175 agents and 20 support staff spread across six offices in Altadena, Glendora, La Canada, Monrovia, Pasadena, and Si… Continue reading

‘Not today, Flo’: Realtors livestream, struggle to find power as Hurricane Florence makes landfall

The storm, which touched down around 7:15 a.m. Friday, brought heavy rain and winds of 90 miles an hour to parts of North Carolina, South Carolina and Virginia. Continue reading

Realogy makes exec shifts: new Coldwell Banker COO and NRT marketing lead

Liz Gehringer, a member of Realogy’s leadership team since 2006, was named today as the new Chief Operating Officer at Coldwell Banker Real Estate. Continue reading

Amazon’s Bezos pledges $2 billion to fight homelessness, improve preschool access

Dubbed the Bezos Day One Fund, the efforts to combat homelessness will focus on young families and its approach is modeled after the values of Seattle’s Mary’s Place emergency shelter, read the tweeted statement. Continue reading

Hurricane Florence is aimed at $1 trillion worth of real estate

As has been the case in recent catastrophic hurricane events, most recently Hurricane Harvey’s 2017 landfall in Houston, most of the fear is rooted in the impact of flooding, a result of hours of prolonged downpours swelling rural and municipal bodies … Continue reading

iBuyers react to Opendoor’s acquisition of Open Listings

Inman asked iBuyers Knock, Offerpad and Felix Homes to offer thoughts on Opendoor’s acquisition of Open Listings, a deal that instantly raises the stakes. Continue reading

LGBT+ couples are buying houses like never before, report finds

LGBT+ couples are buying houses like never before, an annual report from The National Association of Gay and Lesbian Real Estate Professionals found. Continue reading

Mortgage fraud risk is at its highest level since the recession

Regionally, the same states remained at the top for mortgage application fraud risk: New York, New Jersey and Florida. The top 10 states all showed increased in risk year-over-year, with New Mexico, Mississippi, Illinois, Oklahoma and Texas seeing the … Continue reading

US home loan originations have dropped to a 4-year low

Weakening mortgage demand caused by rising mortgage rates has slowed loan originations to its lowest level since Q1 2014, according to Attom Data Solutions’ latest report. Continue reading

Figuring out financing is the first step for 73.5% of buyers

In a loanDepot and mellohome survey of 1,000 buyers, 73.5 percent said they researched financing options before they began looking for a home. Continue reading