Home shopping season is almost here, and prospective buyers in Florida and the New York metro area can expect more favorable conditions than those in most other major markets, a new Zillow analysis reveals. Zillow’s Buyer-Seller Index shows how hot a region’s housing market is compared to others by analyzing sale-to-list-price ratios, percentage of listings […]
Oregon set to introduce statewide rent controls
March 4, 2019 by
Lawmakers in Oregon are on the verge of signing into law new legislation that would impose statewide rent controls on landlords in the state.
The “Bank of Mom & Dad” is the 7th biggest mortgage lender in the U.S., study finds
March 1, 2019 by
Young adults are increasingly relying on financial help from their parents in order to buy their first homes. In fact, the extent of this financial assistance is so great, that if parents were considered a financial institution, they would be the seventh largest mortgage lender in the U.S. The surprising finding was announced in a […]
Roofstock offers investors the chance to buy a part of a home
February 28, 2019 by
Roofstock, a company that buys and rents out homes and commercial properties, is offering small investors a chance to get in on the game. The four-year old Oakland-based startup is willing to sell just a “tenth of a home” to willing investors who’re looking to start small. What Roofstock does is it buys homes and […]
Breakups often force millennials to return home, study finds
February 28, 2019 by
A new study from Homes.com reports that contrary to what many experts have suggested, one of the main reasons why young adults move back home with mom and dad is due to a breakdown in their romantic relationships. Student loan debt and rising housing costs have often been cited as the main reasons why many […]
Governments crack down on real estate money laundering
February 27, 2019 by
Nations are increasingly trying to crack down on money laundering schemes that center on real estate transactions, according to a report by Mansion Global. The report notes that real estate money laundering schemes around the world are used to facilitate around $1.6 trillion a year in illegal cash flow worldwide. “Real estate has always been […]
Sellers can make $1,600 more by listing in early May
February 26, 2019 by
Sellers looking to maximize profits should list their homes for sale in the first two weeks of May. A new Zillow analysis found that those homes sell for a $1,600 premium, and six days faster. In 19 of the 35 largest metros, the best month to sell for the biggest sales premium is May. That […]
Zillow names Rich Barton as its new CEO
February 25, 2019 by
Zillow is replacing its Chief Executive Officer Spencer Rascoff with its cofounder and former CEO Rich Barton.
Chase will give customers $1K if it fails to close a mortgage in 21 days
February 22, 2019 by
Chase bank reckons it can now close on mortgage applications within just three weeks, and is so confident of its claim that it’s willing to cough up $1,000 if it fails to do so. The offer is being made via Chase’s new “Closing Guarantee” program for existing customers, the Houston Chronicle reported. The program is […]
Tinder-style tenant search app Badi raises $30M
February 21, 2019 by
It’s not easy finding the right place to live. In fact, it can be downright stressful, what with you needing to choose where to live, consider a budget, and then go trawling through various apps and websites to find somewhere decent. And it can take hours to do all of this, too. And so Spanish […]
