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Opendoor to Air Live Commercial of Home Sale During Super Bowl Halftime

Opendoor to Air Live Commercial of Home Sale During Super Bowl Halftime

by Phil Hall | Feb 6, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Opendoor, the San Francisco-based e-commerce platform for residential real estate, is using the Super Bowl halftime show to prove a point on the speed of its home selling potential. The company stated it will be offering a live commercial during the game’s...
Data Study Finds Blacks Only Own 10% of Homes While Whites Own 69%

Data Study Finds Blacks Only Own 10% of Homes While Whites Own 69%

by Phil Hall | Feb 6, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data study by LendingTree (NASDAQ:TREE) on racial disparities in homeownership has determined Black people make up an average of about 15% of the population across the nation’s 50 largest metros, but they only own an average of 10.15% of homes. In comparison,...
Survey: One-Third of Agents Report Clients Moved Due to Local Laws and Politics

Survey: One-Third of Agents Report Clients Moved Due to Local Laws and Politics

by Phil Hall | Feb 6, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly one-third (32%) of real estate agents had at least one client who moved in the last year out of unhappiness with local laws or politics, according to a survey commissioned by Redfin (NASDAQ:RDFN). The survey of 500 real estate agents from multiple U.S....
Full-Floor NYC Condo Sells for Nearly $62 Million

Full-Floor NYC Condo Sells for Nearly $62 Million

by Phil Hall | Feb 5, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A full-floor condominium apartment on New York City’s Fifth Avenue has sold for $61.58 million. The Wall Street Journal reported the unit on the 24th floor of Aman New York, formerly the Crown Building, encompasses 6,300 square feet. The unit was originally prices at...
Survey Finds Rampant Fraud in Rental Housing Applications

Survey Finds Rampant Fraud in Rental Housing Applications

by Phil Hall | Feb 5, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new survey of rental housing providers conducted by the National Multifamily Housing Council (NMHC) found that nearly all respondents (93.3%) have been on the receiving end of fraudulent applications over the last 12 months. The NMHC survey found 84.3% of...
Rocket Homes App Now on Apple Vision Pro

Rocket Homes App Now on Apple Vision Pro

by Phil Hall | Feb 5, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Rocket Homes Real Estate LLC, a tech-based real estate service division of Rocket Companies (NYSE: RKT), announced its app is now available on Apple Vision Pro, the new spatial computer. According to the Detroit-based company, when the Rocket Homes app launches in...
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