It’s time for the mortgage lending industry to move to an AVM-based appraisal model, says real estate coach Bernice Ross. There is too much room for error, especially in today’s super-fast-paced market. Continue reading
Bryan Ellis will take over as chief revenue officer, while Arthur Chapin will join the company for the newly created role of chief growth officer. Ellis has experience at Angie’s List and Tesla while Chapin joins the company from Expedia. Continue reading
Pending home sales decreased 4.1 percent in February from the previous month and were down 5.4 percent from the same period last year, according to the National Association of Realtors Pending Home Sales Index. Continue reading
Thirty-year mortgage rates fell to 3.05 percent, down 7 basis points from the week prior, according to Freddie Mac’s most recent lender survey released Thursday. Continue reading
Redfin, Trulia and realtor.com have all vowed to not use crime data going forward. The companies’ stands are now prompting a debate in the industry. Continue reading
The median existing-home sales price, meanwhile, soared 13.9 percent year over year in November as inventory plunged 13.3 percent, according to data released Wednesday by the National Association of Realtors. Continue reading
The announcement comes days after realtor.com and Redfin also revealed plans to avoid crime data, with the latter company calling on others to follow suit. Continue reading
Knock CEO Sean Black and realtor.com CEO David Doctorow sit down in this episode of Future 15 to talk about what recent developments mean for the future of search. Continue reading
The company cited the real estate industry’s history of redlining, as well as the potential to reinforce racial bias, as reasons to abandon crime data on search portals and other websites. Continue reading
The top U.S. housing markets for 2022 are mostly affordable tech hubs with outdoor recreational opportunities that have become attractive alternatives to pricier coastal markets of late. Continue reading