Workforce Housing Initiatives Give A Lift To Nation’s Top Ski Towns

The ski towns favored by the one percent are such high-end places that workers can't afford to live there anymore. New initiatives aim to correct that problem.
Read MoreHere’s How Gen-Z Can Become Homeowners

My childhood house most recently sold for $1.25 million in 2018, putting it out of reach for most 20-somethings wanting to start their own families in the next few yea...
Read MoreHome prices hit new peaks in 30 of the 50 largest US markets: Black Knight

Home prices are going up across the country after slowing for more than a year, according to a new report from data and analytics company Black Knight.The report found that nationally, home prices in June rose by 0.67% month-over-month on a seasonally adjusted basis. Meanwhile, the annual home price
Read MorePop the champagne, Compass hits major financial milestone

After failing to achieve its goal of remaining adjusted EBITDA positive in 2022, analysts were unsure if Compass would make good on its most recent financial goal of becoming free cash flow positive in the second quarter of 2023. But the Robert Reffkin-helmed brokerage has proved the naysayers wrong
Read More‘Abandoned’ Bay Area land will be developed into housing

Encinal Terminals, a 32-acre plot of land that formerly operated as a shipping terminal on the north side of Alameda, California, will be developed into a new housing development in an effort to bolster the supply of one of the most expensive areas in the country. This is according to reporting at t
Read MoreJudge denies Zillow’s motion for summary judgement in the REX suit

Things are continuing to heat up in Zillow Group’s legal battle with discount brokerage REX Homes, as the September 18, 2023, trial date looms ever closer.On Friday, Judge Thomas Zilly, the U.S. District Court judge in Seattle overseeing the lawsuit, issued a minute order denying in part and deferri
Read MoreRestb.ai and Bradford Technologies announce appraisal partnership

Computer vision and AI solutions provider Restb.ai and Bradford Technologies announced their partnership at the Valuation Expo in Las Vegas on Monday. As part of the partnership, Restb.ai’s AI technology will be integrated into Bradford Technologies’ report quality control processes. By leveraging R
Read MoreOpinion: The GSEs are targeting IMBs on buybacks

I am going to be controversial here. The GSEs have become more aggressive in their levels of buybacks with lenders. I say this without the benefit of the specific data, and I would love to see some from Fannie Mae and Freddie Mac, or the FHFA, but in the absence of that, I have interviewed a wide va
Read More10 powerful mindset secrets for motivation

The strongest agents are constantly analyzing their return on investment regarding how they’re spending both their time and their money. This includes money spent on their business as well as their personal lives. Below are the top 10 powerful secrets that strong agents use to stay motivated and kee
Read MoreOpinion: What the ICE-Black Knight merger means

The decision to allow the ICE – Black Knight merger to proceed announces the digital integration of the real estate value chain anticipated for over 25 years. Digitization redraws industry boundaries and changes how the value of information is expressed, enriched and exchanged. The capital, capabili
Read MoreIt all comes down to trust in data

Here’s one for you: How many fintech companies does it take to reduce the cost to originate a loan? There’s no great punchline to throw in here — only the sobering fact that it cost a record high of $13,171 to originate a loan in the first quarter of 2023, according to Fannie Mae’s recent lender sen
Read MoreOpinion: how to close the minority homeownership gap

Since 2008, the number of private secondary mortgage providers has reduced dramatically, and those that remain in the market generally purchase jumbo loans from more affluent borrowers. Fannie Mae and Freddie Mac have been under government conservatorship since the beginning of 2008. Ginnie Mae is w
Read MoreHousing inventory stalls: Less than 3K homes added
The housing inventory data from last week makes me wonder if we are starting the seasonal decline in active listings in August. Mortgage rates also had a crazy week and purchase apps fell once again.Weekly active listings rose by only 2,939Mortgage rates went from 7.04% to 7.20% and back to 7.03%Pur
Read MoreStylish Terrace Home Pays Tribute To Melbourne’s Architectural Heritage

The Domain Precinct of Melbourne, Australia, is at once chic, historic, urban and affluent.
Read MoreWhat’s Listing And What’s Selling Right Now In NYC’s ‘Discerning But Liquid’ Real Estate Market

Check out some of the latest luxury properties over $5 million that just hit or left the Big Apple market.
Read MoreIs Crowdfunding Still Viable In Today’s Market?

CrowdStreet CEO steps down amid fire after $50 million went missing, raising concerns over crowdfunding investments.
Read MoreFlorida affordable housing law that dilutes local power has upset the apple cart

A new affordable housing law passed by Florida’s legislature and signed in March by Gov. Ron DeSantis is reportedly creating anxiety among local elected officials who are concerned that the new law cedes too much control over zoning and other matters to the state government.The “Live Local Act,” pas
Read MoreVa.-based Coldwell Banker Premier expands to Maryland

Coldwell Banker Premier announced a merger with Coldwell Banker Professional Real Estate Services along with all of its sales associates, which further expands Coldwell Banker Premier’s office footprint into Cumberland, Maryland, and surrounding markets. This is the sixth merger by Coldwell Banker P
Read MoreRedfin looks to experiment with a new brokerage compensation model

Redfin was in the red yet again in the second quarter, but its losses are narrowing and it’s tweaking its unique brokerage model to court more experienced agents in pricey coastal areas. Redfin’s financialsRevenues at Redfin fell 21% year-over-year to $275.6 million, down from $606.9 million a year
Read MoreMortgage rates fall after softer labor data
Mortgage rates are finally headed lower after a crazy week of jobs data showing that the economy isn’t going into recession. Job growth is slowing as we get closer and closer to the target range of the make-up demand in labor, but it hasn’t broken yet. What do I mean by a make-up demand in labor? As
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