Tag Archives: News Brief

Skyrocketing construction costs make housing more expensive

By Jim Dalrymple II | December 17, 2018 - 2:00 pm |December 17, 2018 Uncategorized

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A new study shows that affordability problems are made worse by the skyrocketing costs of labor needed to actually build more housing. Continue reading →

‘We stopped paying for the American dream in 2008’: Redfin CEO

By Jim Dalrymple II | December 17, 2018 - 1:56 pm |December 17, 2018 Uncategorized

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Redfin CEO Glenn Kelman believes the U.S. has neglected the middle class, leaving an entire generation with little savings and few geographical roots. Continue reading →

Gone without a trace: New owners strip all signs of Harvey Weinstein from NYC townhouse

By Veronika Bondarenko | December 14, 2018 - 7:40 pm |December 14, 2018 Uncategorized

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You won’t find signs of Harvey Weinstein at his old New York home — the new owners have completely stripped the property of anything that could remind others of the disgraced Hollywood executive. Continue reading →

Housing market expected to stabilize in 2019: Fannie Mae

By Patrick Kearns | December 14, 2018 - 3:30 pm |December 14, 2018 Uncategorized

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Economic growth is expected to slow in 2019 which means stabilizing home sales and mortgage rates in 2019, according to Fannie Mae’s economic and strategic research group.  Continue reading →

Why tech and big money are going to clobber traditional real estate

By Jim Dalrymple II | December 14, 2018 - 11:00 am |December 14, 2018 Uncategorized

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A member of a prominent VC firm Andreessen Horowitz believes that big data, big money and changing consumer preferences will remake the industry. Continue reading →

NoiseAware keeps tabs on noisy short-term renters

By Craig C. Rowe | December 13, 2018 - 4:54 pm |December 13, 2018 Uncategorized

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NoiseAware helps owners and managers of short-term rentals manage and address noise before complaints are filed. Continue reading →

Redfin hires a renovations chief as it builds up its iBuyer program

By Jim Dalrymple II | December 13, 2018 - 3:13 pm |December 13, 2018 Uncategorized

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Redfin beefed up its iBuyer program Wednesday, announcing that it has hired its first-ever “national head of renovations” for RedfinNow. Continue reading →

Agent gets 7 years in prison for stealing $22M from clients

By Veronika Bondarenko | December 12, 2018 - 9:28 pm |December 12, 2018 Uncategorized

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A real estate agent who stole more than $22 million from her clients over two years has been sentenced to prison time, the U.S. Attorney’s Office announced. Continue reading →

Michael Cohen, Trump’s ex-lawyer, sentenced to 3 years in prison

By Jim Dalrymple II | December 12, 2018 - 5:49 pm |December 12, 2018 Uncategorized

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Michael Cohen, the lawyer who previously represented Donald Trump, was sentenced to three years in prison for lying about the president’s real estate projects. Continue reading →

Bidding wars drop to lowest level in 8 years

By Patrick Kearns | December 12, 2018 - 4:04 pm |December 12, 2018 Uncategorized

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Bidding wars for homes have dropped to their lowest level in eight years, according to Redfin, but competition still remains strong in the nation’s hottest markets. Continue reading →