Wire Real Estate

 South Spanish Trail LLC (SST), a Delray Beach based real estate developer, filed in the Palm Beach County Circuit Court an Amended Complaint in its $250 million lawsuit against Globenet Cabos Submarinos America, Inc. (Globenet), owner of the GlobeNet (aka Atlantica-1) submarine fiber optic cable system which runs from Boca Raton to South America, Caribbean Crossings Ltd. Inc. (Caribbean Crossings), which operates … Continue reading South Spanish Trail LLC Amends $250 Million Lawsuit To Remove Major International Fiber Optic Cables From Boca Raton Intracoastal Property Continue Reading →

ERA® Real Estate, a global franchising leader within the Realogy family of companies, today announced that Tom DeWine, CEO of ERA Colonial Real Estate based in Harker Heights, Texas, and Steve Doty, Owner of ERA Doty Real Estate in Jonesboro, Ark., have partnered to acquire ERA Team Real Estate in Conway, Ark. Each firm will retain their individual names in their existing offices. This unique partnership showcases the … Continue reading ERA Collaborative Culture Showcased As Two ERA Broker/Owners Partner To Purchase A Third ERA Affiliate Continue Reading →

 REX (www.rexhomes.com), the real estate technology company connecting buyers and sellers online, today announced they have partnered with fellow Austin-based AI company Repair Pricer (www.repairpricer.com) to improve client and agent safety and satisfaction by reducing person-to-person contact during the real estate transaction period. By leveraging Repair Pricer’s innovative remote repair estimation process, REX is now able … Continue reading Austin-based Tech Firms Announce Partnership To Streamline Real Estate Inspections Continue Reading →

Walker & Dunlop, Inc. announced today that it has expanded its multifamily investment sales platform in South Florida with the additions of Managing Director Still Hunter III and Director Kaya Suarez, who will join and collaborate with the Greater Florida multifamily investment sales team, which includes Managing Director Brian Moulder and Director Chris Chadbourne in Orlando, Managing Director Dhavel Patel and Senior Director Bobby Gatling in Jacksonville, and Managing Director Sean Williams in Tampa. … Continue reading Walker & Dunlop Expands Property Sales Platform with New South Florida Team Continue Reading →

 ATTOM Data Solutions, curator of the nation’s premier property database and first property data provider of Data-as-a-Service (DaaS), today released its third-quarter 2020 Vacant Property and Zombie Foreclosure Report showing that 1.5 million (1,570,265) residential properties in the United States are vacant, representing 1.6 percent of all homes. The report analyzes publicly recorded real estate data collected by … Continue reading More Homes In U.S. Fall Into Vacant Zombie Foreclosure Realm In Third Quarter Of 2020 Continue Reading →

Buyer demand has shown no signs of slowing down as homes are selling nine days faster than this time last year, despite 15 consecutive weeks of solid price growth, according to realtor.com®‘s Weekly Recovery Report for the week ending Aug. 22.  With national inventory down 37 percent year-over-year, buyers’ heightened demand is creating a marketplace … Continue reading Realtor.com® Weekly Recovery Report: Housing’s Supply and Demand Imbalance Enters Uncharted Territory Continue Reading →

Home Captain announced today the launch of the “Home Captain Hub,” a new suite of innovative products and services tailored to dramatically increase the lifetime engagement and satisfaction of mortgage service and banking customers who are purchasing, selling or refinancing their home. This announcement follows the company’s recent acquisition announcement of Redefy and the combined … Continue reading Home Captain Launches Preeminent Suite of Products to Increase Bank and Lending Customer Experience Continue Reading →

The typical home that sold in the four weeks ending August 16 was 3.7% larger (1,772 square feet) than the typical home that sold a year earlier. Compare that with 0.4%, the average year-over-year growth rate from 2015 to 2019, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. Even though sales of large homes … Continue reading Sales of Large Homes Up 21% as People Seek More Space Amid Pandemic Continue Reading →

Unemployment insurance (UI) isn’t enough to pay rent in most major U.S. metros, according to a new report from Real Estate Witch, an online real estate portal. The study found that of the 109 largest metros in the U.S., residents of just 12 can afford rent for a two-bedroom apartment on top of basic expenses: Springfield, MA … Continue reading Residents of Just 12 U.S. Metros Can Afford Rent on Unemployment Insurance Continue Reading →

Home prices and year-over-year price gains hit another high as prices continued to rise during a time of year that they usually decline, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. Pending home sales are also way up from 2019. The fact that the market is so steady continues to be a … Continue reading Record-Breaking Housing Market Continues: Prices Climb 11%, Pending Sales Up 15% Continue Reading →