Foreign Purchases of U.S. Homes Drop by 36 Percent
Purchases of homes by foreign buyers dropped a dramatic 36%, according to a report by the National Association of Realtors. The report found that foreign buyers […]
Residential Real Estate
Zillow and Compass Settle Employee Poaching Lawsuit
Real estate companies Zillow Group and Compass settled a lawsuits alleging the poaching of three former Zillow employees with non-compete agreements, reported Housing Wire. Zillow […]
Small Time Investors are Crowding Out First Time Home Buyers
As if record-high home prices weren’t enough, first time buyers are increasingly contending with competition from small-time (i.e. mom & pop) real estate investors, according […]
Home Sales Rise in May
May home sales ticked slightly higher year-over-year, ending a 9-month streak of declines, according to the RE/MAX National Housing Report. At the same time, inventory […]
Google to Invest $1 Billion in the San Francisco Bay Area Housing Market
In an effort to alleviate the acute housing shortage in the San Francisco Bay Area, internet-giant Google said it would allocate $1 billion toward building […]
The Most Affordable U.S. Cities to Get Married and Buy a Home
Cleveland, Detroit and Pittsburgh are the most affordable places where couples can throw a wedding and also cover a down payment on their first home, according to a new report from […]
A Class Action Lawsuit Seeks to Eliminate Commissions for Buyers’ Brokers
Should a home seller be required to pay for the buyer’s side of the transaction, especially when the buyer’s expenses include negotiating against the seller? […]
A Home Flipping Startup Enlists the Help of Uber Drivers to Locate Homes
A new real estate startup named CORI is looking to flip houses with help from Uber drivers, according to an article in The Wall Street […]
9.1 Percent of All U.S. Properties Now Seriously Underwater
Based on ATTOM Data Solutions’ Q1 2019 U.S. Home Equity & Underwater Report, at the end of the first quarter of 2019, more than 5.2 […]
The Average Property Tax in U.S. Reached $3,498 in 2018
According to ATTOM Data Solutions 2018 property tax analysis of more than 87 million U.S. single family homes, property taxes levied on single family homes […]