Tag Archives: Select

Redfin-owned RentPath names ParkMobile chief exec as new CEO

By | | Uncategorized
Comments Off on Redfin-owned RentPath names ParkMobile chief exec as new CEO

Jon Ziglar, formerly the CEO of ParkMobile, will lead the newly acquired RentPath’s growth strategy, product expansion and listing integration into the Redfin platform. Continue reading →

Vacation rental giant Vacasa to go public with $4.5B valuation

By | | Uncategorized
Comments Off on Vacation rental giant Vacasa to go public with $4.5B valuation

The rental management giant is merging with TPG Pace Solutions in a bid to go public via a special purpose acquisition company, or SPAC. Continue reading →

After a pause, iBuyers are back in a big way: Mike DelPrete

By | | Uncategorized
Comments Off on After a pause, iBuyers are back in a big way: Mike DelPrete

For anyone concerned that the iBuyer model wouldn’t be popular in a seller’s market, the evidence shows that it is resonating with consumers more than ever, and market conditions are in fact fueling its growth. Continue reading →

Fed will keep buying $40 billion in mortgages every month

By | | Uncategorized
Comments Off on Fed will keep buying $40 billion in mortgages every month

As Fed’s balance sheet approaches $8 trillion, policymakers say path of the economy continues to depend on the course of the pandemic. Continue reading →

IBuyer offers are clocking in at an average of 104% of market value

By | | Uncategorized
Comments Off on IBuyer offers are clocking in at an average of 104% of market value

Amid a highly competitive market in the first half of 2021, iBuyers began making more competitive offers and expanding the range of homes they were willing to purchase. Continue reading →

Near historic lows, mortgage rates see little movement in late July

By | | Uncategorized
Comments Off on Near historic lows, mortgage rates see little movement in late July

Mortgage rates held steady near month’s end, with interest rates on 15-year fixed rate loans remaining at all-time lows, according to Freddie Mac’s weekly lender survey. Continue reading →

Pending home sales fall further than expected in June

By | | Uncategorized
Comments Off on Pending home sales fall further than expected in June

Pending home sales dropped 1.9% in June, and 1.9% year over year to an index of 112.8, according to the National Association of Realtors’ Pending Home Sales Index, released Thursday. Continue reading →

Riding luxury boom, Realogy reports strong growth in Q2

By | | Uncategorized
Comments Off on Riding luxury boom, Realogy reports strong growth in Q2

The company, which tallied $2.3 billion in revenue from April to June, says early results from its iBuyer program are strong and warrant additional investment. Here’s what you need to know. Continue reading →

Startup homebuilder Welcome Homes hires Compass executive

By | | Uncategorized
Comments Off on Startup homebuilder Welcome Homes hires Compass executive

With the hire of Benjie Burford, Welcome Homes is poised to grow its personnel by 500 percent and expand into multiple markets by next year. Continue reading →

Knock moves into 50th market, launches closing guarantee

By | | Uncategorized
Comments Off on Knock moves into 50th market, launches closing guarantee

Knock, a real estate technology company that facilitates a buy-now, sell-later financing model called Home Swap, is officially in Chicago, the company announced, in combination with news that it’s now offering a $5,000 on-time closing promise. Continue reading →