The White House is looking for public input on ways to fight corruption in the U.S. real estate market, part of a larger project to reduce illegal financial activity. As the Financial Times reported on Tuesday (Dec. 7), the Biden administration is especially focused on...
Real estate technology platform HomeLight is broadening the reach of its financial products, HomeLight Trade-In™ and HomeLight Cash Offer™, to real estate agents, homebuyers and sellers across Arizona, according to a Monday (Oct. 25) press release. Both products have been used extensively amid the housing boom. Based...
Second-home real estate platform Pacaso on Wednesday (Oct. 20) announced that it will now take cryptocurrency as a payment option through crypto payment service provider BitPay. Pacaso customers can now buy their second homes with Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Dogecoin, Wrapped Bitcoin and other...
Digital real estate platform Zillow is taking a step back from its home acquisition strategy due to an overabundance of housing inventory and is now referring sellers to its local Premier Agent partners, according to multiple media reports. “We’re operating within a labor- and supply-constrained...
The real estate asset class is seen by many investors as a more stable alternative to the volatility of the stock markets. Until recently, though, investors who wanted to buy a single-family home to rent it out had limited options, as they were typically only...
Property management technology startup Zego, powered by PayLease, is teaming up with payment processing firm CheckAlt to help property managers end the paper chase that comes with on-site payments, according to a press release emailed to PYMNTS. The strategic collaboration between the two companies will...
Starting Saturday (Sept. 18), mortgage financing giant Fannie Mae will consider rent payment histories when determining the creditworthiness of people looking to finance homes. The 12 most recent rental payments will be examined when lenders use automated creditworthiness check systems. Permission to look at records...
Rental-based financial services company Jetty has launched a new program, Jetty Rent, which will give more flexibility with late fees, according to a press release. The service will take away the cost burden and give renters flexibility on when they pay rent. Now, Jetty will...
Offerpad, which works in buying and selling residential real estate, has completed a deal with Supernova Partners Acquisition Company (SPAC) in order to take Offerpad public, according to press release. Offerpad specializes in tech-enabled solutions like iBuying in order to offer customers more convenience and...
