Apartment rents reverted to more normal rate in February even as occupancy held at record highs, reported RealPage, Richardson, Texas.
Tag: Zillow
Industry Briefs Feb. 18, 2022: Constellation Mortgage Solutions Acquires ReverseVision
Constellation Mortgage Solutions Inc., Southfield, Mich., acquired ReverseVision Inc., San Diego, a provider of Home Equity Conversion Mortgage and private reverse mortgage sales origination software.
Million-Dollar Cities Club Gets 146 New Members
Zillow, Seattle, reported a record 146 U.S. metros became new “million-dollar cities” in 2021, making 481 cities in which the typical home value is at least $1 million.
Regrets? Recent Home Buyers Have Had a Few
In this hyper-competitive housing environment, most home buyers who even consider themselves lucky enough to have found a home have some regrets about their purchase—and the process, said Zillow, Seattle.
Millennial Demand Drives Price Increases in Kid-Friendly Neighborhoods
Zillow, Seattle, said home values are growing fastest in areas with the highest share of kids, reflecting the impact Millennials are having on family-friendly neighborhoods with a shortage of available homes.
Zillow: Inventory Plunges 40% from Pre-COVID Levels as Price Growth Intensifies
No rest for weary would-be home buyers: Zillow, Seattle, said anxious buyers outnumbered dwindling new listings and drove inventory to record low levels in December.
Industry Briefs Jan.12, 2022: nCino Completes Acquisition of SimpleNexus
nCino Inc., Wilmington, N.C., completed its acquisition of SimpleNexus, a cloud-based, mobile-first homeownership software company, for total consideration of 12.76 million shares of nCino common stock plus cash consideration of $270 million, on a cash-free, debt-free basis and excluding transaction expenses.
Housing Market Roundup: Dec. 21, 2021
So many reports, so little time. Here’s a roundup of recent housing market reports that came across the MBA NewsLink desk:
Industry Briefs Dec. 20, 2021: Clear Capital Launches ClearPhoto
Clear Capital, Reno, Nev., launched ClearPhoto, a set of AI-driven rules built into ClearCollateral Review, automating the review of property photos and ensuring they are aligned with the appraisal data and sketch.
Industry Briefs Dec. 10, 2021: Beeline Completes Series A Funding
Beeline, Providence, R.I., a digital start-up mortgage lender, completed a Series A round of financing for an undisclosed amount. The capital will be invested in automation and artificial intelligence to improve the user experience for borrowers.