WeWork, the embattled co-working space provider that has come to embody Silicon Valley excess, will come under 80 percent ownership by venture capital giant Softbank, while the firm’s former CEO will receive up to $1.7 billion to relinquish his voting rights, according to new reports. The bailout for WeWork, which CNBC reports had been set […]
The commitment from the social network comes amid accusations of worsening housing affordability and a wider tech backlash. Source: click here
Blueground, a proxy landlord that rents apartments from landlords and then subleases them to business travelers and well-heeled new arrivals, has raised an additional $50 million in a Series B funding round. Source: click here
The National Association of Realtors (NAR) warned its members Wednesday about an ongoing scam that fraudulently asks recipients to register for an upcoming conference. The scam involves an email that, according to a NAR statement, includes a subject line inviting people to “Register for the 2019 REALTORS Conference.” However, the email is in fact a […]
Single-family home prices climbed 0.2 percent month-over-month in August and were up 4.6 percent year-over-year, according to the latest data from the Federal Housing Finance Agency (FHFA). Despite the increases, price appreciation is actually slowing across the country. Prices increased annually in all nine census divisions that FHFA tracks, with the Pacific division reporting the […]
About nine months after real estate tech firm HouseCanary turned off its public-facing real estate portal, the company is back with a new search product meant to help banks capture more lending business. Source: click here
Vacation rental startup Vacasa announced today that it has wrapped up a massive deal to acquire Wyndham Vacation Rentals, in the process growing its total portfolio to include tens of thousands of units. Source: click here
Real estate investing can be a lucrative venture, with the average investor generating $124,000 in gross rental income annually. Although some may see real estate investing as a source of passive income, it’s essential to remember tenants and clients are relying on you to provide excellent, on-demand service. So, what happens when you believe you’ve […]
Here are some more arrows for your quiver the next time a seller questions your local experience. (Stay tuned for a new survey question Wednesday!) Source: click here
In this column, Anthony Askowitz explores a hypothetical Miami real estate situation from both sides of the broker/agent dynamic. This month: An agent with strong political and societal opinions wants to share them on her social media platforms. How can her broker help put a firewall between her personal and business accounts and avoid potentially controversial opinions? Source: click here
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