News Updates

Research Shows Solar Energy Systems Increase Property Values

According to recent research by Zillow, adding a solar energy system to a home can increase the property value by as much as nearly 10% in addition to lowering electricity bills. Zillow’s research found that more than 80% of home buyers cite energy-efficient features as being important. The sale...

Home Flipping Returns Drop

U.S. home flipping returns dropped to a nearly eight-year low in the second quarter of 2019. That’s according to a second quarter U.S. Home Flipping Report that ATTOM Data Solutions released on Sept. 19. The report showed that 59,876 U.S. single family homes and condos were flipped in the second...

Fannie Mae Releases Results of Reperforming Loan Sale Transaction

Fannie Mae has released the results of its 13th reperforming loan sale transaction. The deal, which was announced Aug. 13, 2019, included the sale of approximately 29,400 loans totaling $5.1 billion in unpaid principal balance, divided into six pools. The winning bidders of the six pools for the...

Prevu Raises $2 Million in Seed Funding

Digital home-buying platform Prevu has raised $2 million in seed funding. The round, which was led by Corigin Ventures, closed September 12. Rather than focus on the seller experience, Prevu was designed for buyers. Prevu’s Smart Buyer platform equips buyers with the tools and advice they need to...

Keller Williams Expands to Japan

Keller Williams has awarded a new master license in Japan. The real estate technology franchise now has more than 50 market centers and 2,164 agents across 10 countries and regions in Asia. Since launching in 2012, Keller Williams Worldwide now has more than 200 market centers, operating outside...

New Report: 56% of Foreclosure Sales Owner-Occupied a Year Later

Auction.com, the nation’s largest distressed real estate marketplace, released its Q2 2019 Seller Strategy report on September 3. The report provides data-driven insights for several key disposition metrics, including time to sell, sales execution and neighborhood stabilization. The study examined...

Fund That Flip Raises $11M in Growth Financing from Edison Partners

Award-winning fintech platform Fund That Flip has raised $11 million from growth equity firm Edison Partners. The company, launched in 2014, plans to use the capital to expand its market share of the trillion-dollar residential real estate investment industry. Fund That Flip provides short-term...

Housing Affordability Findings

First American Financial Corporation’s April 2019 First American Real House Price Index reveals that: Real house prices decreased 0.9% between March 2019 and April 2019.Real house prices declined 0.72% between April 2018 and April 2019.Consumer house-buying power—how much one can buy based on...

Pretium to Acquire DeepHaven Mortgage

Update: On September 18, 2019, Pretium and Värde Partners confirmed the completion of their previously announced agreement for Pretium to acquire Deephaven Mortgage LLC from Värde Partners. Terms of the deal were not disclosed. Pretium and Värde Partners agreed for Pretium to acquire Deephaven...