Real Estate Brokers Sue Trulia Over its Premier Agents Program
A group of brokers have brought a lawsuit against Trulia for its Premier Agents Program, which allows agents and brokers to purchase an advertisement on […]
U.S. Renters Paid $512 Billion in Housing Rent in 2019, Says Zillow
U.S. renters spent a cumulative $4.5 trillion on rent during the 2010s, according to a new report by the Zillow Group. In 2019 alone, renters […]
Pending Home Sales Fell 1.7 Percent in October, Says the NAR
The National Association of Realtors said Wednesday that its pending home sales index, which measures the number of purchase contracts signed, fell 1.7% last month. […]
The Biggest Property Owners in Silicon Valley
According to a recent report by the San Jose Mercury News, the top 10 property owners in Silicon Valley own over $59 billion in total […]
Blackstone Exits the Single Family Rental Business
Blackstone Group Inc. is exiting its post-recession bet on single-family rental homes, selling off an investment in Invitation Homes Inc., according to the Wall Street […]
Updates from the Hospitality World: Airbnb, Wyndham and Others
Airbnb COO Leaves Position Amid $100 Million Quarterly LossHome-sharing company Airbnb lost $100 million in Q2 2019 compared with a $10 million profit in the […]
Elizabeth Warren Shames Blackstone for Buying Properties at a Low Price
Massachusetts Senator and presidential candidate Elizabeth Warren slammed private equity and asset management giant the Blackstone Group for “shamelessly” profiting from the 2008 housing crisis. […]
Demographic Changes will Result in a Deluge of Homes for Sale, Says Zillow
It’s the cycle of life. As the aging baby boomer generation starts dying off, their homes will hit the market at an accelerated pace, according […]
U.S. Homeowners are Staying in Their Homes 5 Years Longer Than in 2010
According to a new report from Redfin, the typical American homeowner has spent 13 years in their home, up from eight years in 2010. An […]
Mortgage Rates Continue to Rise as Recession Fears Continue to Subside
According to the FreddieMac Primary Mortgage Market Survey, U.S. mortgage rates continue to rise as optimism grows over a new trade agreement between the U.S. […]