Real Estate News

DropOffer Launches Off-Market Buying Solution In 6 New Markets

August 16, 2022

DropOffer’s app provides data on existing homes for agents and buyers to leverage when approaching off-market sellers and it gives buyers an alternative to what’s on the open market. DropOffer, an app that helps buyer agents approach off-market homeowners, is now available in six new markets, many of which are considered some of the nation’s […]

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Blend Cuts Another 220 Jobs As Losses Approach $1B

Mortgage tech provider and title insurer Blend Labs Inc. says it’s slashing another 220 positions from its payroll this month, after posting a $477 million second quarter net loss as rising interest rates continued to take a toll on the refinancing business of the company’s mortgage banking customers. The August job cuts — which include […]

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When Will Homebuyers Quit Canceling Contracts? Not Yet, Apparently

More buyers have been backing out of deals than at any time since the early weeks of the pandemic. And in July, that share ticked up again, according to a new report from Redfin. With each passing month this year, more prospective homebuyers have been backing out of the deals they’ve struck with sellers. Approximately […]

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Attom Acquires Property Data Company Estated

Estated maintains information on millions of U.S. properties and works with companies in the mortgage, insurance and real estate sectors. Real estate data juggernaut Attom announced Tuesday that it has acquired Estated, a data licensing company that maintains information on millions and millions of U.S. properties. In a statement, the two companies described their union […]

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WATCH: Why Institutional Money Is Saving Grace For The Rental Market

Even though investors have slowed spending, single-family rentals are in a stable position and they’re likely to help keep it that way, Doug Brien of rental platform Mynd said at Inman Connect. WATCH: Single-family rental expert says institutional capital is a good thing WATCH: Flood of investor cash is good for single-family rental market, expert […]

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Single Family Rent Growth Slows, But Prices Are Still Way Above 2021 Levels

Single-family rents in June clocked in at 13.4 percent above levels in June 2021, but growth has slowed modestly month over month, according to new CoreLogic data released Tuesday. Prices for single-family rentals continued to slow their rate of growth in June, according to a new study, but remained elevated significantly from their 2021 levels. […]

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Up in Arms: Kris Lindahl Sues RE/MAX Broker Over ‘Open Arms’ Pose

It’s often said imitation is the sincerest form of flattery; however, famed Twin Cities broker Kris Lindahl‘s recent lawsuit against a former group coaching client proves it’s anything but. Lindahl is currently locked in a trademark infringement case against RE/MAX Golfi Realty broker-owner Rob Golfi, who started using Lindahl’s signature arms outstretched pose in his […]

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New Home Starts Fall Sharply: ‘The Whole Housing Sector Is In Retreat’

The number of new construction projects for single-family homes dropped by 10 percent in July, the steepest decline of the year, according to the U.S. Department of Housing and Urban Development. ‘The whole housing sector is now in retreat’: New home starts fall sharplyNew home starts fall sharply in July despite ‘relatively swift’ sales Homebuilders […]

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The Top 25 Fastest-Growing Real Estate Companies On Inc.’s 5000 List

Inc. released its Inc. 5000 list of the fastest-growing independent companies of 2022 on Tuesday, and nearly 200 innovative real estate companies made the list. At the top of the real estate category was theLender, a Lake Forest, California-based home lending company that works with homebuyers and brokers alike. Between 2018 and 2021, theLender’s revenue […]

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