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Recent Real Estate News

ATTOM launches new housing marketing product
ATTOM Data Solutions today announced a new marketing product that will identify properties with a high likelihood of selling within 30 days. The database performed several tests on its new product to see how indicative the leads were of closed sales transactions. Here’s what the studies found.
First American: Housing affordability improves marginally in January
Housing affordability improved in January as homebuyers increased their buying power. But despite the monthly increase in affordability and continued strong wage growth, homes are less affordable across the country compared to a year ago.
Airbnb user fined $1,000 for listing in Trump Tower
One Airbnb user received a fine of $1,000 for advertising a listing in Trump Tower. New York City began cracking down on Airbnb listings in February as a result of a new law that makes advertising the listings illegal, as well as renting them out.
NAHB: White House asked for our help to get Gorsuch on Supreme Court
With the threat of Democratic filibuster looming in the Senate, the White House is apparently turning to homebuilders for help with getting Neil Gorsuch confirmed as the country’s next Supreme Court justice. And according a post from the National Association of Homebuilders, the group will answer the White House’s call.
Trulia: Housing inventory tumbles to all-new low
Housing inventory decreased in the first quarter of 2017, hitting an all-new low. But while inventory for starter and trade-up homes is shrinking, premium home inventory is increasing. Trulia explains the reasons for the dwindling inventory, and the new threat rising home prices impose.
Placester continues growth with $50 million capital raise
Over the last few years, Placester, a Boston-based real estate marketing platform, experienced rapid growth, raising $50 million in three rounds of funding and acquiring RealSatisfied, an Australian company that provides a suite of customer satisfaction tools that provide big data insights to brokers, agents and brands. Now, Placester is growing again.
Value of housing market hits 10-year high
The value of the housing market reached its highest point in 10 years and surpassed the pre-crisis peak. This increase was fueled by rising home prices as home equity reached an all new high of $14 trillion.
Suburbs once again outgrowing cities after 10-year pause
Migration patterns show Americans are moving from inner cities to suburbs, a shift that hasn’t been seen since before the housing crisis. Rising home prices continue to push homebuyers away from booming city markets.
Maxwell, Matic Insurance Services partner to simplify homeowners insurance process
Maxwell, a provider of digital mortgage software and a winner of HousingWire Magazine’s 2017 HW Tech100, and Matic Insurance Services, a digital homeowners insurance agency for mortgage borrowers, announced a partnership that will make it easier for borrowers to obtain homeowners insurance as part of the mortgage process. Here are the details.
These 4 charts break down the details behind Millennials living at home
Student debt, housing affordability and income are commonly tossed out as the culprits behind Millennials needing to move back in with their parents. The details, however, are a little more complicated than that. These four charts break down what Millennials living at home looks like (and we're not talking about their bedrooms).

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