All Posts in "Real Estate News" Category

Online real estate marketplace Auction.com released data this week showing that demand for distressed homes — including bank-owned properties and foreclosures — shrank for a second straight quarter. The company’s Auction Market Dispatch for third-quarter 2024 included a survey conducted in late September of more than 140 active buyers on the platform. While 45% said…

Remote online notarization firm Proof (formerly known as Notarize) is stepping out of the notarization arena and into the wider realm of identity verification. On Thursday, Proof announced the launch of Verify, which it describes as “a live face-to-face experience that delivers high-level assurance with identity verification performed in the presence of an agent.” According…

Sales of newly built homes continue to outpace sales of existing homes. According to data released Thursday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, new-home sales hit a seasonally adjusted rate of 738.000, which is 4.1% higher than in August and 6.3% higher year over year. Sale prices…

District of Columbia Attorney General Brian Schwalb is back at it. On Thursday, his office announced a settlement with Universal Title over allegedly engaging in kickbacks with real estate agents through joint ventures in the Washington, D.C., area. But similarly to the four firms that Schwalb’s office took action against in August, the case did not involve…