Sunday, September 9, 2018

New home buyers will pay for Arizona's construction worker shortage

Thursday, September 6, 2018

Opendoor Aims to Capture More Market Share

Opendoor, an online marketplace where investors can purchase properties directly from the owners, is expanding its reach across the country, setting a goal of having a presence in 50 U.S. markets by the end of 2020. The company told HousingWire that it plans to operate in 12 new markets in the next year alone. Over the next few months, it will focus on Sacramento, Calif.; Riverside, Calif.; Denver; Portland, Ore.; Austin, Texas; and Jacksonville, Fla. Opendoor says expanding into those markets—along with the 10 cities it currently operates in—will make its service accessible to about 15 percent of the U.S. population.

Read more... https://magazine.realtor/daily-news/2018/09/04/opendoor-aims-to-capture-more-market-share

The Catalyst For A Tech Turning Point: What The Housing Crash Truly Meant

Eighteen years ago, four researchers from Montreat College published a master's thesis detailing the results of a three-month study of "the effects of the internet on real estate" in their county in the spring of 1999. Using direct mail and self-addressed, stamped envelopes, the team surveyed residents of their North Carolina area to determine how internet usage affected their residential real estate transactions. Prior to reporting their results, they set the stage by mentioning a 1995 study, the most recent at that date, by the National Association of Realtors, which cited "consumer demand for more knowledgeable and professional agents" as the biggest need in the real estate industry. The team predicted, "Real estate professionals will no longer be the gatekeepers of real estate information in the future."

Read more... https://www.forbes.com/sites/forbesrealestatecouncil/2018/08/31/the-catalyst-for-a-tech-turning-point-what-the-housing-crash-truly-meant/