RealPage, a leading global provider of software and data analytics to the real estate industry, announced it has entered into new credit facilities, which expands its borrowing capacity to $1.2 billion and reduces borrowing costs. The credit facilities will mature on Sept. 5, 2024, and...
One of the most fertile grounds for disruption in this digital world — ongoing, significant disruption that promises to impact one of the most important engines of the economy — is the world of home selling and buying. And more and more players are trying...
Home sellers in Miami, Fort Lauderdale and other parts of South Florida now have the option of getting a cash offer from Zillow to buy their house, the company said in a press release. The new service, called Zillow Offers, helps sellers close faster by...
Redfin, the real estate company based in Seattle, is rolling out a new program that enables home buyers to bid on properties via its website. According to a report in The New York Times, Redfin started testing the program in Boston and is gearing up...
Home prices increased about 5 percent in Canadian province British Columbia last year thanks to money laundering. According to a report in The Wall Street Journal citing government reports, the increase in money laundering is raising the prices in one of the most in-demand areas of the...
Way back in the day (which, in 21st century digital economy terms, probably means a decade or so), smart and important people used to express well-informed skepticism about the prospect of selling clothes, cars and even groceries via online or mobile channels. The concerns were...
Millennials are being shut out of the real estate market as rising home prices and interest rates are pushing homeownership out of the reach of many first-time buyers. According to a report in Fortune citing Mark Boud, chief economist for Metrostudy, a unit of real estate...
For much of the early 2010s, there was an emerging piece of conventional wisdom that millennials were on the verge of radically breaking from the behavior of their older siblings, parents and grandparents and eschewing homeownership en masse. Many reasons were given (fear of default...
Caution, warns a sell side analyst regarding homebuilder stocks, and the sector swoons. As seen on Friday (Sept. 21), homebuilder equities took it on the chin in the wake of a downgrade from JPMorgan. The firm lowered estimates and ratings for five names. Of those...
