Every thought in President Trump’s tweets is mistaken, which markets and businesses understand. They also understand that these tweets have no effect on Fed decisions. However, the erroneous content is worrisome because he does directly control trade and tariff negotiations and a lot of other financial policy.
Homebuying and selling startup Offerpad announced it's testing two new pilot programs, set to debut later this year or early 2020. Offerpad Instant Own would allow buyers to move into Offerpad-owned homes in as little as 24 hours, and Offerpad Buyer Boost is aimed at empowering homeowners to make all-cash offers.
Unlike a lot of brokerages in the industry, launching an iBuyer platform isn't an immediate focus for Compass, the well-funded New York City-based brokerage. But that isn't stopping one of the company's San Diego-based real estate teams from launching its own.
Current Coldwell Banker CEO Charlie Young said Thursday that he plans to leave his company next year but also argued that the firm is well-positioned to thrive even if a recession hits in the near future.
Regardless of the outcome of the mega lawsuit, the sunshine from this legal assault will force the industry to clean up its act. Savvy and progressive industry leaders are using this moment to break from the past and lift the veil of secrecy for consumers.
As more cities push to ditch single-family zoning in an effort to create more affordable housing, the unique New York City housing market is dealing with another issue too: A lot of the new housing built after 2013 is unaffordable for the city's residents, according to a new study from the Zillow-owned listing portal StreetEasy.