Tomo Mortgage, a Stamford, Connecticut-based digital lender, has closed its $20 million Series B financing round, bringing its total investment to date to $130 million. According to the company, new investor Progressive Insurance was joined by existing investors...
Tel Aviv’s housing market has found itself in a unique supply-and-demand imbalance – the number of agents outweighs the quantity of available properties. According to the Israeli business news site Globes, Tel Aviv recorded a total of 2,270 pre-owned home sales in...
A new data report from Redfin (NASDAQ: RDFN) has reached the conclusion that the wealthiest 1% of Americans have the financial capacity to buy 99% of the nation’s homes. How does that work? According to Redfin, the combined value of nearly 100 million American homes...
The National Association of Realtors (NAR) has launched a new advertising campaign called “Right by You” that is designed to highlight the role of realtors in helping homebuyers. The first phase of the campaign, entitled “Don’t DIY,” shows the challenges of...
New York City recorded the completion of 33,974 new homes in 2024, the most units completed in a single year since 1965. The Department of City Planning (DCP) attributed this figure to the increase of permitting during 2022 ahead of to the expiration of the 421-a tax...
A pair of Winnipeg real estate agents were disciplined by their industry association following a complaint by a homebuyer over their handling of her property purchase. CBC reports the complaint was brought by first-time buyer Chantal Orsak, who bought a home in 2022...
