Housing Reports: ‘Leftovers’ Fill Inventory, But Mortgage Rates Improve Outlook Zillow analysts say that growing inventory is due to “leftovers” on market, while Realtor.com attributes its improved outlook for 2019 to lower-than-expected mortgage rates. New home sales are picking up the slack. While the total pool of for-sale inventory has increased, the number of new […]
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Constellation Real Estate Group to Acquire TORCHx from Web.com Acquisition will expand CREG’s presence in otherwise fragmented real estate technology market. The Constellation Real Estate Group (CREG), a leading provider of scalable SaaS products in the real estate industry, will acquire TORCHx from Web.com.
Acquisition Creates Premier Regional Real Estate Company in Colorado Avon, Colo.-based Slifer Smith & Frampton Real Estate acquires Palladium Properties.
Showing Traffic Declined Across the U.S. in March March saw a 7.2 percent year-over-year drop across the U.S.; the decline was sharpest in the West with a 17.2 percent drop compared to the same time last year. The promise that March would see an uptick in home showing traffic in the traditionally busy spring selling season […]
Disrupting the Disrupters: Keller Williams Enters the iBuyer Space The rapid rise of direct-to-consumer homebuying programs (known as iBuyers) prompted Zillow to adjust its business model in 2018. Earlier this year, Redfin began testing the waters with RedfinNow in Dallas. Now, Keller Williams appears to be pivoting as well.
‘Alexa, Find Me Some Good Movers’ A customized moving and post-transaction platform, MoveEasy has integrated its platform with Amazon Alexa. The Columbus, Ohio-based start-up MoveEasy, a customized moving and post-transaction service for brokerages, announced that it has fully integrated its entire platform with Amazon Alexa. Consumers using Amazon Alexa now can access a free “Concierge […]
REAL Trending Episode 44
Existing-Home Sales Slid 4.9% in March Existing-home sales retreated in March, following February’s surge of sales, according to the National Association of Realtors®. Each of the four major U.S. regions saw a drop-off in sales, with the Midwest enduring the largest decline last month.
Lone Wolf Acquires zipLogix Lone Wolf Technologies, a leader in residential real estate software, has acquired zipLogix™, a provider of transaction management, electronic forms, and eSignature solutions for the real estate industry. With this move, Lone Wolf expands its transaction management portfolio.
A Look at iBuyers’ Expanding Footprint ATTOM Data Solutions, property database curator, has been researching the U.S. housing markets where iBuyers are knowingly present along with home prices data in those markets to see how each market is fluctuating.