Articles Tagged with ''Ten-X''

Auction.com adds Min Alexander as chief operating officer

Replaces Javid Jaberi, who is retiring
Auction.com, a real estate marketplace and a recent honoree as member of the HousingWire Magazine HW Tech100, announced this week that it is naming Min Alexander as its new chief operating officer. During her time at Altisource, Alexander was named one of HousingWire Magazine’s Women of Influence in 2017.
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ServiceLink lures auction talent from RealtyBid

Welcomes Calier “CJ” Russell
In his new role, Russell will be responsible for internal operations as well overseeing ServiceLink Auction’s growing market share by supporting the company’s clients in their loss mitigation and disposition strategies, the company said in a statement.
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Texas cities dominate hottest housing markets in Fall 2017

Ten-X shows Texas takes top 3 markets
Texas is showing its dominance as three of its cities took the top three spots in the list of the hottest housing markets in Fall 2017. Though these three markets were also in the top five list this Summer, Ten-X explained it remains to be seen what impact Hurricanes Harvey and Irma will have on construction labor forces and housing inventory in Texas and Florida.
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Ten-X: Home sales were falling even before the hurricanes

Predicts yet another drop in September
While it might seem easy, or even logical, to blame the hurricanes for the slow down in home sales, Ten-X says home sales were slowing down even before the hurricanes hit. Now, the company says the housing market is likely to suffer over the next few months as the economic disruption caused by the hurricanes exacerbates the dual problems of low inventory and escalating home prices.
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Home sales predicted to continue downward track in August

Home prices predicted to fall
Ten-X predicts existing home sales will continue to fall, dropping slightly in August. However, it predicted home prices could see a slight drop from July. The combination of falling inventory and rising prices is proving to be a difficult hurdle for the market to overcome.
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[Charts] Ten-X: We are definitely not in a housing bubble

Inflation-adjusted home prices only at 2004 levels
Ten-X Executive Vice President Rick Sharga gave some insight into home prices, saying we are definitely not in a housing bubble. While home prices continue to increase, hitting or even surpassing their previous peak, these numbers are not inflation-adjusted. These graphs show the real state of home prices when adjusted for inflation.
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Private equity firm Thomas H. Lee Partners acquires majority interest in Ten-X

Previous owners, including Google Capital, will hold minority share
Ten-X, the parent company of Auction.com, has experienced significant growth ever since the company received a $50 million investment from Google Capital back in March 2014. Now, the company is setting the stage for its next phase. Ten-X announced Wednesday that Thomas H. Lee Partners, a private equity firm, is acquiring a majority stake in the company.
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