Shack with a view: Dilapidated home in San Francisco lists for .5 million
A dilapidated shack in the Portero Hill neighborhood of San Francisco is on the market for $2.5 million. The 640-square-foot home isn’t safe to enter, but it comes with two things that explain its staggering price tag: a view of the city and a demolition permit.
NAR zooms in on commercial real estate focus, partners with Brevitas
The National Association of Realtors announced it has entered into a partnership with commercial real estate platform Brevitas. “The Brevitas platform will help Realtors grow their business in an industry of rapidly evolving technology and strong competition,” NAR CEO Bob Goldberg said.
Open Mortgage acquires South Dakota-based Premier Home Mortgage
Open Mortgage has acquired Premier Home Mortgage, a South Dakota-based lender that specializes in financing for rural and small-town homes. Open said the deal will add new markets to its footprint and millions to its bottom line.
How partnering with Compass Analytics helped VanDyk Mortgage to streamline their secondary department
How did VanDyk make sweeping changes to their business while maintaining their commitment to exemplary customer service? To answer this question, we first went back in time to look at a typical day in the life of the company before they implemented the Compass solution.
Nextdoor raises 3 million; now valued at more than billion
Nextdoor, the neighborhood social network, is now valued at more than $2 billion after a recent capital raise that saw the company bring in $123 million in new funding. The funding round is the company’s first big move under Sarah Friar, who took over as CEO last year.
ReverseVision launches interactive comparison tool for reverse mortgages
ReverseVision has long been on a mission to elevate reverse mortgage technology to encourage more borrowers and traditional loan officers to consider the product. Now, the three-time HW Tech100 winner is upping its game with the launch of a new loan comparison product that enables users to weigh a HECM against a HELOC or a first- or second-lien mortgage – a tool it hopes will help LOs and consumers better understand reverse mortgages.
MBA: Mortgage applications slide 0.6% from last week
Although rising on an annual bias, mortgage applications fell slightly for the week ending May 10, 2019, according to the Mortgage Bankers Association.Vice President of Economic and Industry Forecasting Joel Kan said it’s worth watching if the ongoing global trade disputes cause potential homebuyers to postpone their home searches.