Real Estate Tech News


Offerpad closes Series C financing, bringing total capital raised to $975M

Offerpad closes Series C financing, bringing total capital raised to $975M

Offerpad, the Arizona-based real estate and technology innovator, announces the close of its successful Series C financing. The new equity funding, along with previously undisclosed debt capital from Citi late last year, brings the company’s combined equity and debt capital raised to nearly $1 billion since its start just three and a half years ago. Offerpad’s Series C was led by a new investor.Offerpad also secured funding in Q3 2018 from Citi (NYSE: C) in the form of a significant warehouse facility, the real estate tech company’s third in its nearly four-year history.
HomeStreet Bank finds a buyer for its retail loan centers: Homebridge

HomeStreet Bank finds a buyer for its retail loan centers: Homebridge

Earlier this month, HomeStreet, a community bank and mortgage lender that operates bank branches and standalone home loan centers, announced that it planned to sell off much of its entire retail mortgage operation, which includes 72 home loan centers in five states, and as nearly all of the mortgage servicing rights associated with loans originated in those retail outlets.
Zillow, Attn: debut docu-series spotlighting America's Denver real estate housing crises

Zillow, Attn: debut docu-series spotlighting America's Denver real estate housing crises

Dive Brief:Online Denver real estate marketplace Zillow teamed with media company Attn: on "Finding Home in America," an original docu-series covering housing issues, according to news shared with Marketing Dive.The six-part effort is hosted by Carri Twigg, who worked in the Obama administration, and incorporates footage, interviews and original animation. Each episode examines a specific housing challenge through the perspective of real people and will be available for streaming on Facebook Watch, with shorter versions on Instagram
Reykjavik Is Being Swamped by Empty Luxury Flats

Reykjavik Is Being Swamped by Empty Luxury Flats

The spacious entrance to Hildigunnur Haraldsdottir’s building in downtown Reykjavik is paved with marble from Prague and decorated with stained glass artwork by a famous local artist. The architect’s apartment on the 5th floor is fitted with floor heating, AEG appliances and balconies with stunning views of the city’s harbor and historic center.
Denver real estate new-home sales soar 17% in November, hit an 8-month high

Denver real estate new-home sales soar 17% in November, hit an 8-month high

The numbers: Denver real estate New-home sales ran at a seasonally adjusted annual 657,000 rate in November, the Commerce Department said Thursday. That was 17% higher than October’s sales pace and marked an 8-month high.That trounced the MarketWatch forecast of a 563,000 selling rate.What happened: The government’s November report on denver homes for sales of newly-constructed homes was delayed by the partial government shutdown. And as a reminder, new-home sales data are compiled based on small sample sizes, making them prone to hefty revisions. November’s data came with a reported margin of error of 20%.
How to Find the Best House for You-Get the Best from Denver Real Estate

How to Find the Best House for You-Get the Best from Denver Real Estate

It’s not that easy to find the best house, and it depends upon your choice firstly. And then there are many factors to consider as well. Considering all the factors, and the number of such you might find house hunting not that easy. However, if you first find out the type of house you want to buy, your half of the home work will be complete. However, you will then have to search for the property. And for that you need to consult the real estate Agent. You might like to buy an apartment, or you might find the condos more apt for you. A Real Estate agent can find all for you. Also when you deal on your own, you might end up paying more prices. However, a Real Estate agent can help you find the best house and at the best price. If you are in Denver then you can get the best Denver Real Estate deals from the real estate agent. And that is going to be the best for you definitely.
Why Adjustable Rate Mortgages Should be Preferred Now

Why Adjustable Rate Mortgages Should be Preferred Now

There was a time in 2008, when we used to think of selling our house. Then came Obama, and he changed not only United States, but the whole world. However, he had to retire, and then came a person who was questioned by all, and still. However, you might find him proved right soon, I feel. Many things have gone against the middle class, and I agree to it. However, things can become even easy for even the middle class soon.  Our president is advocating for us on many fronts. He is asking the companies to reserve easy jobs for our middle class, though for all also. And he has been successful as well. His immigration policies might be not liked by all, and I am also not in its favor. But you might soon find it go in favor of US citizens, however, generosity is expected by the whole world definitely, and that especially from the President. It is a rumor, that he is liked only by the rich. However, I saw him moving continuously when the Texas was under water. I saw him supporting the blacks, and he is not a racist definitely.
The Longest US Government Shutdown Is Over-All Will Be Getting Back pays In Next One or Two Days, and Denver Real Estate Is on Song Again

The Longest US Government Shutdown Is Over-All Will Be Getting Back pays In Next One or Two Days, and Denver Real Estate Is on Song Again

President Trump might not be compassionate, but he is a Kind person. Anyways, there is good news for the US citizens, which the longest US Government shutdown is now over. President Trump has just announced that he is going to sign a deal that is going to close the US Government Shutdown. The deal has now been disclosed, and that by the President. Kudos to him, from the whole US for finally letting this happen. The President in his short note to the US thanked the whole country for their support, and said America cannot be great without them. He said, when he says let’s make America great again he could not say so without the support of the country citizens. The deal will allow the government funding till February 15th. Hope things get going before that for both the parties. However, now all can move forward with even their Real Estate Deal. The financial activities for all sectors will be back on track definitely in next 24 hours. It has been 36 days long this shutdown, and it has torn apart the whole country. The military might have had to be called, if the current deal would not have been tabled few hours back, and that might have been quite catastrophic. The Denver Real Estate is on song again however, and people will be looking out for such properties now. And they should look for it.
Real Estate Deals-What’s Most Beneficial for Now Regarding Denver real estate

Real Estate Deals-What’s Most Beneficial for Now Regarding Denver real estate

The need of the hour is to wait. However, the government shut down might be a history quite soon. Hence there is nothing to worry for now. However, you need to take some precautions definitely. As far as the Denver real estate is concerned, you will definitely find that for next one or two weeks, or till when the shutdown does not end, postpone your buying plans. And if you have debt, stop spending in what can be avoided. You might soon find the shutdown a history, but you should be cautious. You should only spend money for below:
Denver Real Estate Deal Might Get Delayed Due To US Government Shut Down

Denver Real Estate Deal Might Get Delayed Due To US Government Shut Down

It’s a speculation still, but might turn into real news. US Government Shut Down is affecting all sectors. And if it stays like this for next 3-4 days, the consequences might not be good for not only US citizens, but for the whole world. Denver Real Estate might be affected the most. Unfortunately, the investors might stop payments for now, and deferment on real estate deal payment is definitely on card.Undoubtedly, the shutdown has to be seized soon, or the effect can be very bad, though for a while only. US is great, and it will not take us time to get out of it.


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