Here’s how long it takes for your credit to recover after buying a home



It takes around 11 months for a consumer’s credit score to recover after purchasing a home, a new study by online loan marketplace LendingTree has found. When a consumer buys a home, their credit score drops by an average of 15 points, but only after 160 days, or just over five months. That’s because it […]

How digital assistants are easing real estate transactions



Digital assistants such as Amazon Alexa and Google Assistant are increasingly finding use cases in the real estate industry. Not only are they used to search for homes for sale, but they can also help to perform tasks like transferring money. Now, some property managers want to even further and let tenants pay their rent […]

Wells Fargo admits it wrongly foreclosed on over 500 homeowners



Wells Fargo has admitted that a calculation error led to it foreclosing on hundreds of homeowners that were actually eligible for assistance from the bank. In total, some 545 homeowners who were behind on their mortgages had their homes taken from them after requesting assistance with their late payments. Moreover, a total of 870 homeowners […]

Many housing markets haven’t bounced back from the last major crash



In the decade since the housing bust, median home values have more than recovered in most of the nation’s largest markets. But within nearly all those major markets there remains inequity — neighborhoods that were hit hardest by the crisis continue to bear an outsized burden even through the recovery. A new Zillow report shows […]

Amazon’s new headquarters may end up in two different cities



Amazon.com Inc.’s hunt for a city to host its second headquarters is nearing its end, and rumor has it the company will end up choosing two locations instead of one, according to the Wall Street Journal. The idea now is that Amazon will split its proposed workforce (and therefore the promised economic benefits) between two […]

Zillow Offers expands to Houston



Zillow is to begin buying and selling homes in Houston in an expansion of its Zillow Offers program, marking the fifth market where the service is available. Zillow’s program launched in Phoenix this April, and had already expanded to include Las Vegas, Atlanta and Denver. The company will add Charlotte and Raleigh in North Carolina […]

Lawrence Yun says the economy is strong, predicts stable growth in housing



The National Association of Realtor’s chief economist is optimistic that the real estate sector will continue to see stable growth, amid a strong economy. Lawrence Yun’s remarks came during a talk at the Realtors Conference & Expo in Boston last week, where he added that in his opinion another recession seems unlikely in the short […]

Zillow seals acquisition of Mortgage Lenders of America



Real estate listings giant Zillow looks like it’s getting into the mortgage industry following the completion of its acquisition of Mortgage Lenders of America. Zillow has already made some significant steps to evolve its business, which was originally based on simple listings of homes. Back in May 2017 the company said it was getting into […]

Realtor.com launches Local Expert marketing program



Realtor.com has launched a new digital marketing program called Local Expert that will follow prospective home buyers with ads across its search pages and in their Facebook news feeds.

Parents with newborn babies increasingly moving to cheaper markets



Americans who moved in the past year tended to move into less-expensive housing markets, a trend that is magnified when looking at women with a newborn baby ­– and can mean a difference of more than $100,000 in some markets. Across the country, women with a newborn who moved in the past year – whether […]

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