U.S. Housing Market
Place Your Bets! Polymarket Teams with Parcl on Real Estate Prediction Markets
The endeavor will initially aim at major US housing markets, focusing on index movement across defined periods. Continue Reading Place Your Bets! Polymarket Teams with Parcl on Real Estate Prediction Markets
Oracle’s Larry Ellison Sells San Francisco Property in Off-Market $45 Million Deal
The 10,742-square-foot property was built 1958 and was acquired by Ellison around 1988 for $3.9 million. Continue Reading Oracle’s Larry Ellison Sells San Francisco Property in Off-Market $45 Million Deal
Hits and Misses for the Real Estate Week of Sept. 15-18
Curious new legislation to encourage affordable housing, Treasury Secretary Bessent’s unlikely sense of humor, and Robert Redford’s impact on Utah real estate. Continue Reading Hits and Misses for the Real Estate Week of Sept. 15-18
Report: Colorado’s Housing Shortfall is Narrowing
To prevent the shortfall from growing, the report recommended the creation of approximately 34,100 new homes per year over the next decade. Continue Reading Report: Colorado’s Housing Shortfall is Narrowing
Survey: Hispanic Homeowners Embracing Short-Term Rentals to Build Income
The survey polled 1,276 responses from Hispanic professionals in the real estate industry in 39 states, including Puerto Rico. Continue Reading Survey: Hispanic Homeowners Embracing Short-Term Rentals to Build Income
Jason Kopcak Resigns as AAMC’s CEO
AAMC reported a second quarter net loss of $3.8 million earlier this month. Continue Reading Jason Kopcak Resigns as AAMC’s CEO
Backflip Debuts AI-Enabled My Leads for Property Investors
Backflip said beta testers for My Leads are experiencing 10 hours or more time savings per week. Continue Reading Backflip Debuts AI-Enabled My Leads for Property Investors
Aspen Property Seeks to Break Sales Record with $105 Million Listing
This would be the first Colorado home sale over the $100 million level. Continue Reading Aspen Property Seeks to Break Sales Record with $105 Million Listing
Pending Home Sales Inched Up in July
“Rising mortgage rates and limited inventory have temporarily hindered the possibility of buying for many,” said NAR’s Lawrence Yun. Continue Reading Pending Home Sales Inched Up in July
Mortgage Application Activity Up for First Time in Five Weeks
The refinance share of mortgage activity increased to 30.1% of total applications from 29.5% the previous week. Continue Reading Mortgage Application Activity Up for First Time in Five Weeks
Home Prices Continue to Remain Elevated
Prices rose in 42 states between the second quarters of 2022 and 2023. Continue Reading Home Prices Continue to Remain Elevated
FTC in $1.6 Million Settlement with Roomster Over Fraudulent Postings
Roomster was accused of failing to verify apartments submitted to its website, posting nonexistent apartment listings, and scamming consumers with fake positive reviews. Continue Reading FTC in $1.6 Million Settlement with Roomster Over Fraudulent Postings
HGTV Smart Home 2023 Sweepstakes Winner is Named
“I was in shock. I still am,” said Stacey Braswell. “You never think it’s going to be you.” Continue Reading HGTV Smart Home 2023 Sweepstakes Winner is Named
Integro Bank, a Phoenix-Based Community Bank, Creates a Mortgage Division
Integro Bank is a single-branch community bank with $42.6 million in assets. Continue Reading Integro Bank, a Phoenix-Based Community Bank, Creates a Mortgage Division
NAR President Kenny Parcell Resigns Following Media Report on Sexual Harassment
“My resignation comes after a series of accusations against me that are categorically false,” said Parcell in his resignation letter. Continue Reading NAR President Kenny Parcell Resigns Following Media Report on Sexual Harassment
