HomeSmart files with SEC for an IPO

It’s 2022, and firms are already on the move in the real estate world. Case in point, last Friday, tech-based brokerage HomeSmart filed paperwork with the SEC moving towards an initial public offering. While HomeSmart has begun the process of their IPO, most of the details have yet to be publicly revealed. The timeline isContinue reading “HomeSmart files with SEC for an IPO”

Home-price growth starting to cool down

While home prices are still way up across the United States, recent data shows that things may be starting to cool down. Recently released information from the S&P CoreLogic Case-Shiller National Home Price Index highlights a downward trend in the growth of home prices across the country. According to the Case-Shiller Index, which measures changesContinue reading “Home-price growth starting to cool down”

Companies that made it big during COVID-19

It will remain a task for future historians to trace all the longterm effects of the COVID-19 pandemic. But for some of the world’s biggest corporations, the short term effects could not be clearer. The last two years have seen several of the largest publicly-traded companies in America rise to even greater heights. Since theContinue reading “Companies that made it big during COVID-19”

One for the record books!

2021 has been a crazy year in real estate. From cataclysmic events like the precipitous fall of Zillow Offers to the rise in consolidation and acquisitions in the tech sphere, there’s been a ton to keep track of. To top it all off, a numerous records have been broken, some in spectacular fashion, as theContinue reading “One for the record books!”

Zillow working to sell off homes acquired under iBuyer program

The Zillow saga continues. Early in November, Zillow announced in a meeting with shareholders that they were shutting down their iBuyer program, Zillow Offers. In the wake of this major shift, they have worked furiously to unload the properties they owned or had under contract as part of that program. As of today, they haveContinue reading “Zillow working to sell off homes acquired under iBuyer program”

New home sales stay strong going into the Fall

The housing market continues to be very strong according to the latest data from the month of October. Historic seasonal trends where the market tends to cool down in the Fall and Winter months are being challenged by the highest number of new home sales reported in half a year. The breakneck pace of existingContinue reading “New home sales stay strong going into the Fall”

2021 on track to have highest home sales in 15 years

While the housing market in the U.S. has plateaued somewhat in recent months, the year has been an extremely active one overall. Recent data from the National Association of Realtors indicates that if current trends continue, 2021 will have the highest number of home sales for any year since 2006. The NAR prediction is basedContinue reading “2021 on track to have highest home sales in 15 years”

New Zealand government seeks to cool red-hot market

The red-hot real estate market over the last two years has been a truly global phenomenon. New Zealand has seen some of the most dramatic increases in home prices anywhere in the developed world. In the face of skyrocketing home prices, the New Zealand government has been testing a wide array of measures to coolContinue reading “New Zealand government seeks to cool red-hot market”

“A tough day at Zillow” as they shut down iBuyer program

In its third-quarter meeting with shareholders, the Zillow Group announced that they will be shutting down their iBuyer program, Zillow Offers. This comes just weeks after they announced that the program was going on hold for the rest of 2021. What does the announcement mean for the market and the future of iBuyers in general?Continue reading ““A tough day at Zillow” as they shut down iBuyer program”

Keller Williams expansion team Hergenrother Realty Group to rebrand

Last week, one of Keller Williams’ biggest teams, the Vermont based Hergenrother Realty Group, announced that it will be rebranding and strengthening its relationship with KW. Called “Livian,” the new brand will emphasize a dynamic approach to the rapidly evolving residential real estate market of 2021. Hergenrother is one of KW’s expansion teams, teams thatContinue reading “Keller Williams expansion team Hergenrother Realty Group to rebrand”