Back a few months ago, Zillow Group CEO Spencer Rascoff put his money where his mouth is by listing a house he owned for sale – on Zillow. The listing apparently hasn’t generated quite as much interest as Rascoff hoped, despite two price cuts. Rascoff now has an unlikely ally in the sale of his house – a real estate startup that’s guaranteeing the sale of Rascoff’s house.
The tale of the small Seattle-area home that rose to fame after the owner famously turned down $1 million for her home even as a shopping mall was being built around her and was once used to promote the Disney film “Up,” because of its similarities to the movie, is now headed to Hollywood itself.
Just in case there was any doubt about whether Zillow Group Chief Executive Officer Spencer Rascoff believes in his product, he showed Friday just how much of a Zillow-head he really is – by listing a home for sale…on Zillow.
Real estate in Seattle could be on the verge of a seismic shift, thanks to a plan that’s working its way through the city’s governmental process. According to a report from the Seattle Times, Seattle is considering a plan to do away with single-family zoning as part of a massive zoning overhaul.
The tale of Edith Macefield is apparently local legend in the Seattle area. In 2007, she famously turned down $1 million for her home, even as developers were literally building a shopping mall around it. Now her famous home is on the verge of being auctioned off.
This year, buyers are finally shifting away from urban and expensive homes. Instead, it’s all about affordability, and this new list from Redfin found the best of both worlds — the most affordable and convenient neighborhoods for 2015.
All of the sectors of the housing economy now — real estate, lending, servicing and investing — are navigating unchartered territory. The challenges are new and the processes scrutinized as never before. Against that backdrop, we at HousingWire thought it was appropriate to recognize the tremendous leadership within the mortgage space with our first annual HW Vanguard Awards. Companies in our business couldn’t have survived the crisis, or formed in this brave new world, without serious leadership..
On the multi-borrower side, the potential for volume is massively larger than on the single-family side, but the challenge until now has always been on how to scale this side of the business.</p> Read More
Over the past eight years, housing counselors and the mortgage servicing industry have learned a lot, and it’s our joint responsibility to avoid the mistakes of the past, to maintain momentum, and to create new pathways for homeowner-centric loss mitigation practices that have sustainable homeownership as the No. 1 objective. Read More