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Friend or foe? Home-buying bots enter real estate market

Friend or foe? Home-buying bots enter real estate market

by Third Party | Dec 28, 2021 | News/Current Events, Real Estate Agent Tools

Source: CBS News —  IBuyers are one of the few true innovations to hit the real estate industry in recent years. Yet consumers haven’t fully embraced them because of misconceptions about how iBuyers work, and what types of problems they resolve for sellers...
Treasury cracks the whip on money laundering

Treasury cracks the whip on money laundering

by Third Party | Dec 27, 2021 | Industry Updates, News/Current Events

Source: Housing Wire —  The U.S. government is laser-focused on uncloaking bad actors hiding behind shell companies to engage in money laundering and other illicit activities and is seeking to adopt new regulations to accomplish that goal — rules that will...
Hope for affordable housing? Single room occupancy units touted as model solution

Hope for affordable housing? Single room occupancy units touted as model solution

by Third Party | Dec 27, 2021 | News/Current Events, Real Estate News

Source: Norman Transcript —  When it comes to homelessness and affordable housing, a nonprofit has suggested Norman look to single room units modeled in Houston — an approach at least one organization has successfully implemented. U.S. Census data shows Houston...
Millennials And Housing, Part 4: Mind The Gap: Intergenerational Housing Wars

Millennials And Housing, Part 4: Mind The Gap: Intergenerational Housing Wars

by Third Party | Dec 27, 2021 | Mortgage Information, News/Current Events, Real Estate News

Source: Forbes —  Our study on U.S. Millennials and their difficult path to home ownership has spotlighted the role family and older generations play in hindering—but also helping—25 to 40-year-olds in their quest to buy a home. Discussion of this issue requires...
Returns on home flips drop to lowest level since first-quarter 2011

Returns on home flips drop to lowest level since first-quarter 2011

by Third Party | Dec 27, 2021 | Industry Updates, News/Current Events, Real Estate News

Source: Scotsman Guide —  Home-flipping profit margins fell to their lowest point in nearly a decade as of third-quarter 2021, according to Attom Data Solutions’ newest U.S. Home Flipping Report. From July through September, 94,766 single-family houses and...
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