Wilbur Ross quits Ocwen Financial

Wilbur Ross quits Ocwen Financial

Distressed asset investor bringing his magic to Bank of Cyprus

Dustin Johnson levels blockbuster claims at title attorneys

Is Nat Hardwick the fall guy?

CFPB proposes 7 big changes to foreclosure process for mortgage servicers

Adds guidance on extended borrower protections
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Items Tagged with 'Trulia'

ARTICLES

Realtors don't deserve 3% commission?

HousingWire article sparks debate
Trey Garrison
The question generated from HousingWire's comment boards: Should Realtors and other real estate agents be just paid hourly, or should we stick with the 3% commission? The answer: Come on.
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Trulia: Home affordability slips for middle class

Where it’s cold it’s affordable; where it’s warm you can’t buy
Trey Garrison
Home affordability continues to challenge first-time, young and middle-class buyers, with some of the warmer climes generally making for the hottest — and least affordable — housing markets. But good news if you like the cold — the most affordable markets are near the Great Lakes.
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RealScout raises $6 million for superior real estate searches

Hopes to take market share from Zillow, Trulia
Jacob Gaffney
Most big real estate web portals are consumer-friendly, but are they service-oriented? One startup out of San Francisco says not enough so, and they think they have the solution for those who are more into the latter business model when it comes to buying a home.
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News Corp CEO vows to turbocharge Realtor.com

Promise to make website "most popular and profitable property site"
Ben Lane
News Corp is now the owner of Move, which operates Realtor.com for the National Association of Realtors, as the companies completed the previously announced acquisition. “In partnership with the National Association of Realtors and its one million members, we look forward to turbo-charging realtor.com and making it the most popular and profitable property site in America,” said Robert Thomson, chief executive of News Corp.
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3 charts sum up where millennials stand on housing

And it’s not on the sidelines
Brena Swanson
Right now, millennials are the housing market. Whether they are supposedly delaying it or the thriving force behind multifamily housing, they are all over housing headlines. However, the problem is that it may not be true.
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FTC delays Zillow’s acquisition of Trulia

Parties agree not to complete deal until Feb. 1, 2015
Ben Lane
Zillow has agreed to delay its acquisition of Trulia until at least Feb. 1, 2015, due to continued requests for information from the Federal Trade Commission.
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Rising rents correlate with less home improvement spending

Renters get the short end of the stick coming and going
Trey Garrison
A study by BuildZoom shows that in San Francisco, zip codes in which rents increased more steeply have actually tended to see remodeling and home improvement activity increase less than elsewhere, and in some cases even decline.
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Zillow posts record 3Q14 revenue of $88.6M, up 66% YOY

Online listings giant boasts record quarterly revenue and traffic
Trey Garrison
Zillow posted third quarter revenue of $88.6 million, up 66% from the third quarter of 2013 after a second quarter that saw a net loss. Zillow also reported record traffic, with 86 million average monthly unique users during the third quarter.
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Are record-low interest rates masking high-cost mortgage lending?

Five leading economists weigh in and the answer may surprise you
Trey Garrison
The cost of originating mortgages and loan production is officially ridiculous and a question that arose at the Mortgage Bankers Association’s convention and expo last week was “Are record low mortgage rates masking from borrowers the high cost of mortgages?”
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Trulia’s 3Q revenue surges as unique visitors soar 89%

The search for real estate starts online
Brena Swanson
Trulia’s total revenue for the third quarter of 2014 was $67.1 million, up 67% year-over-year. Total subscribers as of Sept. 30 were approximately 77,900, an increase from approximately 74,000 as of June 30.
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