Fed hikes rates in sign of economic confidence

Sticking to a script that economists and real estate analysts had long anticipated, outgoing Federal Reserve Chairwoman Janet Yellen Thursday announced a modest benchmark interest rate hike to 1.25 percent-1.50 percent, a move widely perceived as a reflection of confidence in the economy. This is the third such hike in 2017 and sets the stage for what will likely be three or four adjustments in …

Compass nabs $450 million in largest real estate tech investment in U.S. history

Humongous breaking news this morning for Compass, the white-hot real estate tech company: it just received a $450 million investment from SoftBank Vision Fund …

Price growth, shrinking margins cut into home-flipping profits

National home flipping returns are down to a two-year low due to a declining number of distressed properties selling for low prices and heightened competition from home flippers prepared to accept smaller margins, according to property data warehouse A…

Fundrise wants to turn distressed homes into accessible investments

Real estate crowdfunding startup Fundrise has purchased distressed homes to flip in LA and Washington, DC, using small investments from around the country …

The right way to buy a home for your kids

“Our kids are in their twenties, and we’d like to help them buy a home. What’s the best way to start?” This is a common query among aging baby boomer parents with a lot of home equity or long-tended stock market investments …

Home values nationwide to see sharp declines from GOP tax plan

Home values in California could plunge by more than $56,000 and owners there could be exposed to $30,000 in new capital gains taxes under a House tax proposal that would cap the mortgage interest deduction at $500,000 and alter tenure requirements, new…

Airbnb launches new split payment feature for groups

Airbnb has just made it easier for groups around the world to split the cost of a short-term rental unit on its platform, adding a feature where members of a group trip can all pay their shares separately when booking …

GOP tax reform would drive up costs of selling a home

Zillow analysis finds homeowners in America’s priciest neighborhoods to be hit with millions in new capital gains taxes under both House and Senate tax bill …

Why is real estate startup funding on the rise?

When the economy is humming along that’s when you’ll see more venture capitalists come out of the woodwork. In many markets, it’s been awhile since the real estate industry attracted VC attention. But times — they are a-changin’ …

Study finds renting can make you more money than owning a home

Overturning conventional wisdom, the study found renters who invest wisely in the stock market can generate more wealth than property owners. But …