IBM Sues Zillow Over Patent Infringement
IBM launched a lawsuit against real estate tech giant Zillow over seven charges of patent infringement related to a host of computer processes that Zillow […]
Month: September 2019
CBRE: Flexible Office Space Market to Reach 600 Million Square Feet by 2030
A new report by global real estate firm CBRE forecasts rising growth of the flexible office/coworking space market over the next decade. According to CBRE, […]
The Median Home is Worth $229,600 & the Median Rent is $1,595, Says Zillow
According to Zillow’s August Real Estate Market Report, the median U.S. home is now worth $229,600, up 4.9% from last August, the lowest year-over-year change since […]
Opinion: Limit the Term Length of Rent Control
The State of California recently enacted a State-wide rent control program that caps rent increases to 5 percent above the rate of inflation, according to […]
Zillow’s i-Buying Program Expands into San Diego
Home sellers in San Diego can now use Zillow Offers, the online company’s i-Buying program, to request a no-obligation cash offer from Zillow to buy their home, according to […]
Blackstone Group Creates the World’s Largest Real Estate Fund
Private equity firm Blackstone Group said it created the world’s largest real estate fund, amassing a total of US$20.5 billion to be invested in property […]
U.S. Home Prices Increased 3.6% Year Over Year in July
CoreLogic’s latest Home Price Index and HPI Forecast for July 2019 shows U.S. home prices rose both year over year and month over month. Home […]
Redfin Identifies Housing Markets Most Affected by a Possible Recession
According to a report by Redfin, some metros are more vulnerable than others to a housing downturn. Redfin reviewed a number of factors (such as median […]
Mortgage Rates Inch Up from their 3-Year Lows, Says Freddie Mac
According to the FreddieMac Primary Mortgage Market Survey, U.S. mortgage rates inched up slightly from their recent three-year lows. However, rates are significantly lower than […]