The number of $1 million neighborhoods in the U.S. is growing fast. In the last three years, exactly 346 neighborhoods grew to meet Zillow’s definition of the term, which stipulates that at least ten percent of its homes are worth seven figures or more. Zillow analyzed residential ZIP codes across the country, looking for places […]
Zillow says the U.S. could suffer another major recession within just 3 years
August 17, 2017 by Leave a Comment
Zillow says it believes there’s a 73 percent chance that the next U.S. recession will begin by the end of 2020
HomeLight grabs $40M funding to play matchmaker between sellers and agents
August 17, 2017 by Leave a Comment
Real estate focused startup HomeLight has just landed a new $40 million funding round led by Menlo Ventures
Construction labor shortage adds to builder’s woes
August 16, 2017 by Leave a Comment
Inventories of available homes for sale recently hit a new, twenty-year low, and building companies have admitted that they’re hard-pressed to meet new demand from buyers thanks to the rising costs of construction materials such as lumber.
Zillow: If you’re saving for a home, cut down on the parties!
August 16, 2017 by Leave a Comment
Destination bachelor and bachelorette parties are becoming the new norm for many millennials who prize experience and grew up with The Hangover’s depiction of pre-wedding adventure. However, those who attend just nine of these trips in a lifetime
Redfin or Zillow – Is Either the Future of Real Estate Dealings?
August 16, 2017 by 2 Comments
There is no doubt that both Zillow and Redfin are seeking to be the leader defining the high tech evolution of the online residential real estate market. With Redfin’s recent IPO, the philosophic line in the sand became a little clearer. Still
Propy brings Blockchain to Ukraine’s real estate sector as it opens up to foreigners
August 15, 2017 by Leave a Comment
Decentralized title registry startup Propy has said it’s working with the government of Ukraine to allow online real estate purchases by foreign investors for the first time.
Securitized Rentals and Vacancies Tick Upward
August 15, 2017 by Leave a Comment
While the children are out of school, renters tend to relocate. This observation is based on Morningstar Credit Ratings, LLC monthly trend report for single-family rentals securities (SFR
Housing affordability improved in the second quarter
August 14, 2017 by Leave a Comment
Housing affordability is being propped up by rising incomes and low mortgage rates, according to the latest edition of the National Association of Home Builders/Wells Fargo Housing Opportunity Index.
Baby Boomers blamed for housing inventory shortage in new survey
August 14, 2017 by Leave a Comment
The inventory of homes for sale has fallen to its lowest level in almost twenty years, and now a new survey from Realtor.com suggests is placing the blame for this on baby boomers and homeowners that just don’t want to sell.
