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CoStar’s Matterport 3D Home Tours Removed from Zillow’s Platforms
Zillow (NASDAQ: Z, ZG) has announced that CoStar Group (NASDAQ: CSGP) declined to renew its API agreement that enables the use of its Matterport 3D home tour on the Zillow and StreetEasy platforms. Matterport was founded in 2011 and provides a 3D digital twin...
CoStar’s Matterport 3D Home Tours Removed from Zillow’s Platforms
Zillow (NASDAQ: Z, ZG) has announced that CoStar Group (NASDAQ: CSGP) declined to renew its API agreement that enables the use of its Matterport 3D home tour on the Zillow and StreetEasy platforms. Matterport was founded in 2011 and provides a 3D digital twin...
California Program to Offer Mortgage Relief to Disaster Victims
California is rolling out the CalAssist Mortgage Fund on June 12, which will allocate grants up to homeowners whose homes were destroyed or left uninhabitable in recent fire, floods, and other disasters that occurred between January 2023 and January 2025. The new...
Richard Simmons’ Hollywood Hills Estate Listed for $6.9 Million
The Hollywood Hills estate of the late fitness guru Richard Simmons has been listed for sale for $6.9 million. According to the Robb Report, the 4,199-square-foot residence was built in 1937 above the Sunset Strip and features four bedrooms, five bathrooms and a gym...
New Forecast Warns of Severe Drop in Boston’s Office Property Tax Revenues
A new data forecast is warning Boston could face a significant downturn in tax revenue from office buildings over the next five years. Axios reports the forecast from the Tufts University Center for State Policy Analysis and the Boston Policy Institute offered three...
NEWS & CURRENT EVENTS
The BW, Los Angeles Apartment Complex, Sells for $58.1 Million
The property was completed and offers a mix of studios, one-, two- and three-bedroom units. Continue Reading The BW, Los Angeles Apartment Complex, Sells for $58.1 Million
Neighborhood Ventures Acquires Foreclosed Phoenix Multifamily Property for $11 Million
The transaction marks the second time Neighborhood Ventures purchased a distressed property and the first in foreclosure. Continue Reading Neighborhood Ventures Acquires Foreclosed Phoenix Multifamily Property for $11 Million
Long Vacant Historic NYC Theater Acquired with State Grants
New York Gov. Kathy Hochul took credit for helping to finance the acquisition. Continue Reading Long Vacant Historic NYC Theater Acquired with State Grants
Texas Developers Hire Prominent Attorney to Fight Sharia City Accusations
“I’m ashamed of the falsehoods that Abbott’s office has been putting out,” said attorney Dan Cogdell. Continue Reading Texas Developers Hire Prominent Attorney to Fight Sharia City Accusations
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Proposed Bill Would Increase Scrutiny of Real Estate Purchases by ‘Foreign Entities of Concern’
The legislation would also allow CFIUS to scrutinize existing real estate holdings. Continue Reading Proposed Bill Would Increase Scrutiny of Real Estate Purchases by ‘Foreign Entities of Concern’
Cleveland Real Estate Developer Sentenced to 18 Months for Embezzlement
An investigation found Arthur Fayne spent the pilfered funds on excessive gambling and on luxury travel and shopping. Continue Reading Cleveland Real Estate Developer Sentenced to 18 Months for Embezzlement
Mortgage Application Activity Up 7.1%
The refinance share of mortgage activity increased to 31.6% of total applications. Continue Reading Mortgage Application Activity Up 7.1%
Rihanna Lists L.A. Penthouse for Nearly $25 Million
The recording superstar bought the condo in March 2023 for $21 million. Continue Reading Rihanna Lists L.A. Penthouse for Nearly $25 Million
Realtor.com Introduces Three New Climate Risk Factor Scores
The new scores use data provided by the climate technology company First Street. Continue Reading Realtor.com Introduces Three New Climate Risk Factor Scores
RESAAS Debuts Real Estate Agent Advisory Board
The company is also planning to launch a Global Real Estate Agent Advisory Board focusing outside of North America. Continue Reading RESAAS Debuts Real Estate Agent Advisory Board
Marx Realty Announces New Tenant for NYC’s 10 Grand Central
UpSlide signed a 10-year, 9,536-square-foot lease on the sixth floor. Continue Reading Marx Realty Announces New Tenant for NYC’s 10 Grand Central
Guest Opinion: What Created the Housing Affordability Crisis, and Can it Be Fixed?
Ethereal causes like “corporate greed” have not caused inflation. Continue Reading Guest Opinion: What Created the Housing Affordability Crisis, and Can it Be Fixed?
Texas Home Sales Dropped 11% in 2023
Statewide, homes remained on the market an average of 55 days, 20 days more than in 2022. Continue Reading Texas Home Sales Dropped 11% in 2023
Foreclosure Activity Records Annual Increase
Lenders repossessed 3,397 properties through completed foreclosures (REOs) in February. Continue Reading Foreclosure Activity Records Annual Increase
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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