Real Estate

Keller Williams is making huge moves in the tech space

The brokerage is placing all bets on tech to elevate its offerings
Keller Williams is on a mission to beat out Zillow and Redfin, and it plans to use technology to make it happen. The real estate franchisor just acquired SmarterAgent to allow agents to create their own branded apps, and it announced a partnership with an artificial intelligence firm to explore tech solutions. The moves appear to be part of a larger strategy to expand its reach.
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Here are the top LGBT+ real estate agents

List recognizes top-producers for home sale sides and volume
The National Association of Gay and Lesbian Real Estate Professionals recently announced the winners of its first Top LGBT+ Agent list, which is the real estate industry’s first recognition of top-producing LGBT and allied agents and teams nationwide. Here's who made the cut.
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Jake Fehling, vice president of marketing at Movement Mortgage, to speak at engage.marketing

Panel on strategic partnerships and tech integrations as marketing tools
Forging strategic partnerships is now table stakes for lenders and fintech companies. That's why we've invited Jake Fehling, vice president of marketing at Movement Mortgage, to speak at our engage.marketing event on Strategic Partnerships and Tech Integrations as Marketing Tools. 
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Baby Boomers won’t downsize homes anytime soon

Instead, they're working longer and the kids are living with them
Baby Boomers are staying put and their kids are sticking with them, according to a new study by Trulia that examined the housing situations of homeowners 65 and older. The study revealed that seniors appear to be holding off on downsizing just the same as they were 10 years prior, and that contrary to some opinions, the lack of downsizing is not eroding affordability.
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Hensarling’s Hail Mary: Top Republican unveils sweeping bipartisan housing finance reform bill

Would wind down Fannie Mae and Freddie Mac, elevate Ginnie Mae
It’s now officially been 10 years since the government took Fannie Mae and Freddie Mac into conservatorship. And in that decade, an uneasy status quo has developed with Fannie and Freddie dominating the housing finance system, despite their limited capital bases and unresolved position as wards of the federal government. But if House Financial Services Committee Chairman Jeb Hensarling has anything to say about it in his final days in office, all of that uncertainty will soon be resolved.
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Law firm levies lawsuit at Tower Hill Insurance for fraud in Hurricane Irma claims

Hurricane Litigation Group files lawsuit against Tower Hill Insurance, alleging fraud against hurricane victims
Hurricane Litigation Group has filed a lawsuit against Tower Hill Insurance claiming that the insurance company, along with its associates, have defrauded victims of Hurricane Irma of insurance claims money. The suit alleges that Tower Hill conspired with Ladder Now and Humble to underpay or deny compensation to victims of the storm.
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$10 million mortgage scheme ends in arrest

Fraud targeted California homeowners facing foreclosure
Zalathiel Aguila thought preying on struggling homeowners was a good way to make some extra cash, but the Vallejo, California, man is now facing 30 years of hard time behind bars. His company, Capital Access, allegedly defrauded financially insured institutions out of $10 million.
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Redefy attracts new private investment, gears for future growth

Flat-fee listing company just garnered a private investment that puts its value at $25 million
In the first fundraising round since Chris Rediger was named CEO, Redefy garnered a new equity partner that drove its valuation up to $25 million. As a result of his investment in the company, James Albertelli will join Redefy's board of directors.
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When a Starbucks opens in town, home prices tend to rise

Harvard study finds new measure of gentrification
When a new Starbucks comes to town, you can expect to find a 0.5% increase in house prices in that ZIP code within a year, according to a recent study by the Harvard Business School. Apparently, Realtors and investors looking for clues about future property values can learn a latte from the presence of a new green sign in the neighborhood.
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