News
Trump Administration proposes deep cuts to housing programs in latest budget plan
The plan likely won't get far in Congress, which already recently passed its own two-year budget extension Following on the heels of a budget compromise in Congress last week to keep the government open, the Trump Administration on Monday unveiled its own federal...
Airbnb wins big mortgage support, but loses Detroit
Hosts can now report their home sharing income when applying for refinancing Short-term rental-by-owner service Airbnb got a major win for its hosts on Thursday — but also dealt with the fallout from a serious and unusual blow in Detroit. First the good news: people...
Airbnb delays IPO and makes leadership changes
THE HOME RENTAL COMPANY ANNOUNCES A DEPARTING CFO, AND NEW COO AND NO PLANS FOR AN IPO THIS YEAR Airbnb has announced that an IPO will not be happening this year, and the company’s CFO and former Wall Street executive Laurence Tosi is stepping down from his position....
What’s behind skyrocketing real estate tech investment?
NEW YORK — Our parent company’s Inman Connect NY 2018 (ICNY) conference concluded on Friday with Capital Connect, a panel discussion dedicated to the massive influx of private investment into real estate tech. The discussion, which took place in a conference room at...
Lending startup Blend approved for Fannie Mae Day 1 Certainty
Startup is among the first to provide asset verification for Fannie Mae's mortgage applicants Enterprise lending software startup Blend has just earned a major vote of confidence from mortgage securities giant Fannie Mae. Blend has been approved as a provider of asset...
Trulia will show listings’ LGBT housing and employment protections
Trulia will incorporate information on local LGBT protections into its listings LGBT people. A group of employees at Trulia developed the feature at an internal hackathon. The feature takes data gathered by the nonprofit Movement and Advancement Project to show what...
Exclusive: Congressmen urge government inquiry into real estate competition
House antitrust subcommittee leaders sent letter to DOJ and FTC requesting probe into listing data BYANDREA V. BRAMBILA Staff Writer FEB 1 Faster. Better. Together. Inman Connect San Francisco, Jul 16-20, 2018 LEARN MORE Influential members of the U.S. Congress have...
Property Coin is a new cryptocurrency token backed by real estate
LA-based startup Aperture will soon begin selling tokens and using the money to invest in and flip homes Buzzy Initial Coin Offerings are facing increased scrutiny, but one launching later this month from a house-flipping real estate tech company is drawing interest....
Should real estate fear the stock market tumble?
The impact may be more psychological than material, and when confidence is shaken, we turn to the stability of housing. The stock market has been on a roller-coaster ride since late last week, with a historic one-day plunge in trading, and a ripple effect that struck...
7 reasons Trump’s tax plan is good for real estate investors
How to cash in on investing post-tax reform Although the Trump tax plan, known as the “Tax Cuts and Jobs Act,” was promoted as a tax cut for the middle class, the major benefits go to corporations, entrepreneurs and real estate investors. And most noteworthy are these...