Rental giants embrace iBuyers in order to grow inventories



Single-family rental giants, such as Invitation Homes and American Homes 4 Rent, are in search of more homes to buy, and they’re increasingly turning to iBuyers to find inventory. iBuyers, like Opendoor, Offerpad, and Knock, are tech companies that buy homes from sellers with instant cash offers and then put the homes back on the […]

Amazon HQ2 losers should see big home value gains in 2019



Several metro areas that lost out on the race to host Amazon’s second headquarters are expected to see their home-value growth outpace the nation in the coming year, according to the 2018 Q4 Zillow Home Price Expectations Survey. The quarterly survey, sponsored by Zillow and conducted by Pulsenomics LLC, asked more than 100 real estate […]

Buyers face longer delays as they search for the ‘right’ home



Amid a continued shortage of available housing inventory, buyers are spending significant amounts of time searching for the right home. According to a new survey from the National Association of Home Builders, some 54 percent of active buyers say they’ve been searching for three months or longer to find their perfect home. The reasons that […]

Housing market slowdown takes its toll on luxury homes



Financial experts are warning that the luxury housing market is at risk of slowing down, due to higher mortgage rates that have also affected other segments of the real estate market. This week, luxury homebuilder Toll Brothers reported that its seen a 13 percent drop in the number of signed contracts for homes in its […]

Airbnb to start building its own homes



Airbnb is always looking for new ways to extend its business model, and its latest idea is to move far beyond the rental space industry. Now, the company is announcing a new venture called “Backyard” that will involve designing and building homes. Joe Gebbia, one of the cofounders of Airbnb said it is “an endeavor […]

Here’s where you can get help with your down payment



Surveys of first time buyers routinely show that saving for a down payment is one of the biggest hurdles on the way to homeownership. But those buyers may well misunderstand how much cash they actually need to save. “Paying 20 percent down is, quite frankly, a myth,” Karen Hoskins, vice president at NeighborWorks, told HouseLogic. […]

3 common mistakes of first time buyers



Buyers who’re making their first home purchase often struggle with the same few parts of the transaction process that they’re unfamiliar with, and this can cause them to make decisions they later regret, according to real estate investor Barbara Corcoran. Corcoran, during an interview on CNBC’s “Making It” show, said: “The faster you buy your […]

Freddie Mac will finance loans for manufactured homes



Government-backed mortgage servicing organization Freddie Mac says it will begin financing loans for manufactured housing, in an attempt to make those homes more affordable to buyers. Freddie Mac said in a statement that the idea is to run a two year pilot program called CHOICEHome, which will provide financing in the form of a traditional […]

How All Real Estate Transactions Will Move Online in Three Years



Technology is disrupting many industries because of its ability to improve and expedite many of the antiquated processes that stall efficiency. Paper documents and physical files are being set aside to allow for collaborative documents and cloud storage services. Desk phones aren’t ringing anymore — but chat and messenger applications and email inboxes are constantly […]

4 Ways The Real Estate and Mortgage Will Transform by 2020



Today, searching for and buying a new home is much different than in times past. With a wealth of data at buyers’ fingertips, the entire buying process is changing. As a result, agents have to readjust their tactics to meet the growing needs of today’s buyer. It’s not just real estate agents who are being […]

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