Wire Real Estate

The housing market in Oakland and suburban parts of the Bay Area is recovering at a faster rate than in San Francisco or San Jose, according to a new analysis from Redfin (www.redfin.com), the technology-powered real estate brokerage. While pending home sales and the number of new listings have begun to pick up throughout the Bay Area in early May after a … Continue reading Bay Area Homebuyers Seek Out Oakland and Suburban Areas as Remote Work Grows, Redfin Analysis Finds Continue Reading →

biproxi, the commercial real estate tech platform where brokers sell better, is proud to announce a strategic partnership with The Future of Real Estate (FRE). FRE pioneered online real estate auction sales in 2004 with their Accelerated Marketing Program (AMP®), a program which provides brokers with an end-to-end transaction platform to sell commercial real estate online. … Continue reading biproxi Announces Partnership With FRE, Expanding Broker Services Into Auction Continue Reading →

Mhome Group (000667.sz), a top Chinese real estate developer headquartered in Wuhan, is looking at positive market prospects in the following three quarters as the economy gradually gets back on track after the COVID-19 outbreak. Mhome Group has developed a strategic layout of one “main,” which is the smart housing manufacturing business, with the support of … Continue reading Mhome Group Sees Positive Prospects despite the COVID-19 Outbreak as Prefabricated Construction Market Presents New Opportunities in China Continue Reading →

 States Title, one of the leading forces for disruptive change in the real estate industry, announced today that it has closed a Series C financing round of $123 million, led by Greenspring Associates. States Title is applying modern-day technology to ancient title and escrow processes to provide an instant customer closing experience, enable mortgage originators and … Continue reading States Title Raises $123 Million to Transform Real Estate Closings Continue Reading →

RE/MAX, LLC, announced its annual Broker Owner Conference (BOC) will be held virtually August 17-18, 2020.  Adopting a theme of “BOC@Home. One World, One RE/MAX,” the event will be open to a global audience, connecting the network’s brokers and owners in more than 110 countries and territories together virtually to learn, network with each other, discover new … Continue reading RE/MAX Broker Owner Conference Goes Virtual in 2020 Continue Reading →

 Realterm is pleased to announce the final close of Realterm Logistics Fund III (RLF III) at its hard cap of $370 million. The offering was oversubscribed on the back of strong investor demand. RLF III is the tenth fund raised across the Realterm platform.   Ed Brickley, Managing Director and Senior Fund Manager for the Realterm Logistics Fund … Continue reading Realterm Closes Realterm Logistics Fund III At Hard Cap Of $370 Million Continue Reading →

The number of newly built homes on the market fell just 10.5% year over year in April, the smallest decline in 2020 to date, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. The supply of existing homes plunged 24% during the same time period. With the supply of existing homes sinking, new … Continue reading Newly Built Homes Make Up Largest Share of Market Since at Least 2012 Continue Reading →

Zillow Group, Inc. announced today that due to the emerging public health impact of the coronavirus (COVID-19) pandemic and to support the health and well-being of its employees, shareholders, and community, the 2020 Annual Meeting of Shareholders (the “Annual Meeting”) will be held in a virtual-only format on June 9, 2020 at 2:00 p.m. Pacific Time. The virtual-only meeting … Continue reading Zillow Group to Host Virtual Annual Meeting of Shareholders Continue Reading →

This past week, Redfin’s homebuying demand moved out of recovery mode and into growth mode, reaching a new peak. For the seven days ended May 17, demand was 16.5% higher than it was before the pandemic, on a seasonally-adjusted basis, according to Redfin’s latest weekly report. To handle the rapid rise in home-buying demand, Redfin has been … Continue reading Homebuying Demand is Higher Than Before the Pandemic Continue Reading →

41.1% of Redfin offers nationwide faced competition in the four weeks ending on May 10, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. In a handful of metros, the bidding war rate was above 60%. The coronavirus pandemic is contributing to a shortage in the number of homes for sale across the U.S. … Continue reading 41% of Redfin Offers Faced Bidding Wars in Late April, Early May Amid Coronavirus Pandemic Continue Reading →