Residential real estate

CoStar Group to Acquire Residential Listing Site Homes.com

Wednesday, April 14, 2021 - 9:04pm

Homes.com provides advertising and marketing services to residential brokers and agents based on listing feeds that cover more than 90% of all Multiple Listing Services (MLS) subscribers in the United States.

Key Points: 
  • Homes.com provides advertising and marketing services to residential brokers and agents based on listing feeds that cover more than 90% of all Multiple Listing Services (MLS) subscribers in the United States.
  • The company is headquartered in Norfolk, Virginia.\n\xe2\x80\x9cWe are excited to welcome the Homes.com team to the CoStar family,\xe2\x80\x9d said Andrew C. Florance, Founder and Chief Executive Officer of CoStar Group.
  • These sites generate a portion of their revenue from directing potential homebuyers away from the listing agents to unrelated buyer agents that are advertising on top of listing agent listings.
  • Such statements are based upon the current beliefs and expectations of management of CoStar Group and are subject to many risks and uncertainties.

Stars and Stripes Real Estate Partners With Side, Aiming to Grow a Prominent Brand and Expand Its Service

Tuesday, April 13, 2021 - 5:00pm

b'BASS LAKE, Calif., April 13, 2021 /PRNewswire-PRWeb/ -- Stars and Stripes Real Estate today announced its partnership with Side , the only real estate technology company that exclusively partners with high-performing agents, teams, and independent brokerages to transform them into market-leading boutique brands and businesses.

Key Points: 
  • b'BASS LAKE, Calif., April 13, 2021 /PRNewswire-PRWeb/ -- Stars and Stripes Real Estate today announced its partnership with Side , the only real estate technology company that exclusively partners with high-performing agents, teams, and independent brokerages to transform them into market-leading boutique brands and businesses.
  • The alliance will ensure that Stars and Stripes Real Estate, led by its dedication to client relationships and its patriotic love of mountain communities, is powered by the industry\'s most advanced platform.\nStars and Stripes Real Estate represents its founders\' passion for the United States and its local mountain community real estate.
  • Longtime residents of the Bass Lake area, founders Theresa Wilson and Dennis Porter offer a combined 30-plus years of experience serving as allies and trusted real estate authorities for their clients.
  • Whether buying or selling vacation homes, land, or investment properties, Stars and Stripes Real Estate uses its deep, local roots and insider market knowledge to guide clients in finding the perfect home or buyer.

Remine Teams Up with AirDNA to Offer Short-Term Rental Profitability Analysis Tool

Thursday, April 8, 2021 - 1:00pm

Remine , a leading real estate technology company, announced today they have partnered with global data providers AirDNA to make short-term rental data and analytics available to Remine Pro users.

Key Points: 
  • Remine , a leading real estate technology company, announced today they have partnered with global data providers AirDNA to make short-term rental data and analytics available to Remine Pro users.
  • Due to the granularity of our data, we are able to offer valuable property level insights to real estate investors worldwide, Sarah DuPre, AirDNA Director of Sales, said.
  • Partnering with AirDNA progresses our mission to offer best in class real estate resources to our users, said Tim Dain, VP and GM of MLS at Remine.
  • First Multiple Listing Service (FMLS) will be the first to launch AirDNA on their Remine property details page for 51,000+ members.

Bloomington, Ill., is the Best Market for First-Time Home Buyers

Thursday, April 8, 2021 - 10:57am

In fact, they will have the best luck in Bloomington, Ill., according to realtor.com 's 2021 Best Markets for First-Time Home Buyers analysis.

Key Points: 
  • In fact, they will have the best luck in Bloomington, Ill., according to realtor.com 's 2021 Best Markets for First-Time Home Buyers analysis.
  • With four of the top 10 markets, the Midwest ranks as the best region of the country for first-time home buyers, who according to the National Association of Realtors, account fornearly one-third of recent buyers.
  • "With 50% fewer homes on the market this year than last, the U.S. housing market is competitive for all buyers.
  • All of the top 10 best markets have median home prices below the current national median price of $370,000.

RentSpree Announces New MLS Service

Wednesday, March 31, 2021 - 2:00pm

LOS ANGELES, March 31, 2021 /PRNewswire-PRWeb/ --RentSpree, the leading tenant screening company has announced today the expansion of its MLS Partnership Program by a total of ten Multiple Listing Services in the United States including BeachesMLS, bridgeMLS, Realcomp MLS, Georgia MLS, MLSListings, Smart MLS, GSREIN in Louisiana, GMAR, and Bryan-College Station Regional MLS.

Key Points: 
  • LOS ANGELES, March 31, 2021 /PRNewswire-PRWeb/ --RentSpree, the leading tenant screening company has announced today the expansion of its MLS Partnership Program by a total of ten Multiple Listing Services in the United States including BeachesMLS, bridgeMLS, Realcomp MLS, Georgia MLS, MLSListings, Smart MLS, GSREIN in Louisiana, GMAR, and Bryan-College Station Regional MLS.
  • Says co-founder and CEO of RentSpree, Michael Lucarelli "I'm overjoyed to see so many MLSs understanding the ever-changing needs of agents and rolling out RentSpree to offer a faster, more effective rental process".
  • Currently, RentSpree partners with more than 120 MLSs, REALTORAssociations, brokerages, and real estate platforms, including Bright MLS and three of the top five state REALTOR associations.
  • The RentSpree PRO version is made available to MLS partner subscribers as well, providing an added benefit to agents.

Inside Real Estate's Highly-Anticipated Spring 2021 Release Reveals a Faster, More Intuitive, and More Powerful kvCORE Platform

Wednesday, March 17, 2021 - 12:50pm

MURRAY, Utah, March 17, 2021 /PRNewswire-PRWeb/ -- Inside Real Estate, one of the fastest-growing independently-owned real estate software companies and a trusted technology partner to over 250,000 top agents, teams, and brokerages, announces its Spring 2021 Release, delivering continued innovation to flagship platform, kvCORE.

Key Points: 
  • MURRAY, Utah, March 17, 2021 /PRNewswire-PRWeb/ -- Inside Real Estate, one of the fastest-growing independently-owned real estate software companies and a trusted technology partner to over 250,000 top agents, teams, and brokerages, announces its Spring 2021 Release, delivering continued innovation to flagship platform, kvCORE.
  • The kvCORE Spring 2021 Release doubles down on principles that have powered Inside Real Estate's product strategy for years ease of use, automation, customization, and ROI.
  • Inside Real Estate will be showcasing features from the kvCORE Spring 2021 Release in a live webinar on March 18, 2021 at 11:00 a.m. PT .
  • Inside Real Estate is a fast-growing, independently-owned real estate software firm that serves as a trusted technology partner to over 250,000 top brokerages, agents, and teams.

Constellation HomeBuilder Systems and realtor.com Collaboration Benefits New Home Builders

Tuesday, March 16, 2021 - 12:00pm

Building on realtor.com's enthusiasm, Chris Graham, Constellation HomeBuilder Systems Vice President says,"We are beyond excited to introduce the new collaboration between the NHLS Distribution Engine and realtor.com.

Key Points: 
  • Building on realtor.com's enthusiasm, Chris Graham, Constellation HomeBuilder Systems Vice President says,"We are beyond excited to introduce the new collaboration between the NHLS Distribution Engine and realtor.com.
  • Continuing their commitment to increasing awareness, simplifying processes, and leveraging their relationships for new home builders, Constellation HomeBuilder Systems looks forward to opportunities, growth and the increased exposure for new home listings with realtor.com.
  • Constellation HomeBuilder Systems is the largest provider of software and services in the building industry.
  • Constellation HomeBuilder Systems is the home building software division of Constellation Software Inc. an international provider of market-leading software and services for specialized industries, which is traded publicly on the Toronto Stock Exchange.

Now May Be the Best Time to Save Thousands on a Lease in the Nation's Largest Tech Hubs, According to Realtor.com® Rental Report

Tuesday, March 16, 2021 - 9:57am

However, the downward trend is leveling off and rents may have hit their bottom in many markets," said realtor.com Chief Economist Danielle Hale.

Key Points: 
  • However, the downward trend is leveling off and rents may have hit their bottom in many markets," said realtor.com Chief Economist Danielle Hale.
  • You'll not only save money, you'll have less competition finding the location that's best for you."
  • Renters signing a 12-month lease today would save nearly $5,000, compared to pre-pandemic prices for the same unit.
  • They'd save almost as much in neighboring San Francisco, where rents were down nearly 13% from a year ago in February.

TradeCasa For Sale By Owner Real Estate Marketplace Reaches 150 Million In Savings

Thursday, March 11, 2021 - 7:00pm

GRAND ISLAND, N.Y., March 11, 2021 /PRNewswire-PRWeb/ --In recent years, the for sale by owner real estate segment has become extremely popular amongst home sellers, partially due to higher real estate prices.

Key Points: 
  • GRAND ISLAND, N.Y., March 11, 2021 /PRNewswire-PRWeb/ --In recent years, the for sale by owner real estate segment has become extremely popular amongst home sellers, partially due to higher real estate prices.
  • Yet, the rates of full-service real estate commissions have remarkably remained unchanged.
  • This TradeCasa release marks a new milestone for the organization as it positions itself as one of the leading players in the for sale by owner real estate space.
  • When asked what is the main factor that drives TradeCasa's unprecedented growth, CEO, Martin Rygiel, stated, "Unlike many other real estate for sale by owner platforms, TradeCasa always remains true to the for sale by owner spirit."

One Year Later: U.S. Housing Market Remains Caught in a Lopsided Recovery

Thursday, March 11, 2021 - 10:57am

The U.S. housing market, buoyed by record low interest rates, remote work and Americans' desire for more space, outperformed much of the economy throughout 2020.

Key Points: 
  • The U.S. housing market, buoyed by record low interest rates, remote work and Americans' desire for more space, outperformed much of the economy throughout 2020.
  • The realtor.com Housing Market Recovery Index, which was created to measure the pandemic's impact on the housing market by tracking movement in new listings, buyer demand, time on market and prices, stood at 101.6 for the week ended March 6.
  • Aside from new listings, which remain below the pre-COVID baseline, the market is tracking ahead of pre-pandemic levels at the end of January 2020.
  • "One year later, the demand for housing remains strong, while supply remains limited."