Even in the midst of a housing recession, job growth remains strong. August total nonfarm payroll employment rose by 315,000 jobs from the month prior, according to data released Friday by the Bureau of Labor Statistics. After this latest job gain, employment is now 240,000 higher than its pre-pandemic level. Despite this gain, the unemployment […more]
This week’s HW+ member spotlight features Austin Zaback, CEO & founder at Zaback Group and One Roof Real Estate. HW Media: What is your current favorite HW+ article and why? Austin Zaback: My favorite article on HW+ is titled, “RealTrends 500: Two firms saw quadruple digit growth over last 5 years” by Tracey Velt. I loved reading about the growth […more]
Loan originator and servicer Sun West Mortgage Co. Inc. has unveiled the latest version of its proprietary artificial-intelligence (AI) platform, called Morgan, which enables the lender to convert pre-approved, property-specific home loans into tradable non-fungible tokens (NFTs). The NFT is property agnostic, backed by real dollars and guaranteed by Sun West, which is one of the […more]
Speaking of “recalibrating,” the list price for the record-setting Penthouse Unit #10 atop the überexclusive Pacific Heights building at 2006 Washington Street has just been reduced from $45 million to $35 million in one fell swoop. As we first revealed and reported at the time, the 5,400-square-foot unit was acquired for $32 million or nearly […more]
Built in 1924 and acquired for $9.25 million in March of 2006, plans to expand and convert the Colgate Building at 620 3rd Street, which also fronts Rich, is a contributor to the historic Clyde and Crooks Warehouses District and is currently being used as a data center, have been drawn. As rendered by Heller […more]
Musician Beck may be searching for some “Mellow Gold.” His Hollywood Hills home has come on the market for $2.95 million.
Homepoint laid off more than 100 employees this week as it feels the effects of the price war in the wholesale lending space. The company confirmed workforce reductions on Wednesday and Thursday are in line with the company’s “openness to get smaller as an organization to effectively counter severe market pressures,” according to a spokesperson […more]
Today’s buyers don’t need to be rich to afford a sprawling home. Realtor.com found where buyers can score the best deals on mansions.
CubiCasa is the leader in delivering fast, adaptable indoor mapping solutions for the real estate industry. Users can complete a schematic 2D floor plan using just a smartphone, with no training or cost required. CubiCasa’s innovative SaaS technology digitally maps out a home’s floor plan in as little as five minutes. This helps eliminate human […more]
If there’s a key theme in the women leaders in the housing industry, it’s their collaboration and openness to helping each other grow and develop. It’s core to how this industry continues to move markets forward, which is why if you are attending HW Annual, you can’t skip the Women of Influence Forum on Oct. […more]