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US new home sales rise in sign of housing market health, but fail to meet expectations

The Commerce Department says new home sales rose 3.7 percent to a seasonally-adjusted 555,000 units. That is 5.5 percent higher than a year ago.

Fannie & Freddie's future likely in hands of court or legislature: CEO

David Stevens, Mortgage Bankers Association CEO, talks about changes ahead in government-sponsored financial services corporations, Fannie Mae and Freddie Mac.

In Australia, new program lets homeowners ‘rent out’ solar power and storage

It’s the first initiative of its kind in the world Australians can forget Uber driving and Etsy shops. The hot new side-gig down under could soon be selling solar power. Starting this week, about 10,000 Australian homeowners are able...Show More Summary

Nicole Rideout, rising star at Gibson Sotheby’s, on what she got from Realogy’s Ascend

Gibson Sotheby's International Realty's director Nicole Rideout remembers one all-nighter she pulled with a pot of coffee...

Fate of Bob Hope estate pits the family against an L.A. councilman

Fading memories might be all that remain of a 1939 Toluca Lake estate that Bob and Dolores Hope owned for six decades. That would suit the late couple just fine, according to daughter Linda Hope. In a familiar fight between property owners and preservationists, Linda Hope is pitched against Los...

1930s home in Highland Park gets a revival of its own

Updated for modern living, this remodeled home in Highland Park has stayed true to its 1930s Spanish Revival beginnings. The open living and dining room features a brick fireplace and the original hardwood floors. A courtyard sits off the master bedroom.  Address: 4755 Lincoln Ave., Los Angeles...

Tesla wants to build 3 more 'gigafactories'

While the first two continue to rise and expand Tesla, the ambitious electric car company founded by Elon Musk is having a pretty good year. Vehicle orders are on the rise and the company anticipates delivering up to 50,000 cars by the end of May—an increase of 71 percent over last year. Show More Summary

Making Home Ownership More Accessible, and More on Partial Home Ownership

You may know I’m fascinated by the topic of partial equity home ownership. I got to thinking about the topic again the other day after listening to the Real Estate — Ownership, Asset, Economy a16z podcast. (via Greg Fischer). A few random,...Show More Summary

Neighborhood Spotlight: Exposition Park's sports, culture and transit offerings make it a player to watch

The 160-acre complex of open space, sports facilities and museums that gives the neighborhood of Exposition Park its name was first established in the 1870s. Back then, it served as the home of a horse-racing track and fairgrounds, notorious for the licentious behavior of their patrons. When the...

Realogy Holdings Corp. turned higher profit in 2016

Realogy Holdings Corp. posted a profit of $213 million in 2016, up by 16 percent from the previous year -- though the company's results reflected the "operating challenges" of strong competition for sales agents and soft demand for pricier homes, said Realogy CEO Richard A. Smith in a statement....

Virtual tours or video: How do you decide?

In this week’s video, Peter Lorimer of PLG Estates discusses the merits of video over virtual tours...

Top comments of the week Feb. 20-24

Inman readers weigh in on stories published across the site...

Voice-driven real estate app for Amazon Echo now talks to 3 markets

A few weeks ago I reported on a voice-driven real estate search app. Now, three agencies have opted in to receive buyer and seller leads....

Why you should think of business planning as ‘success planning’

Let's be real: Most people don't like to put together an annual business plan. Why is that? Does it seem too selfish? Or is the plan created just never used...

Why you must always make content part of your mix

I know there are not a ton of media junkies out there like me. It's not normal to read five newspapers a day plus devouring ESPN.com, Facebook and Twitter while also scanning more than 40 sections on my Flipboard...

5 make-or-break points for successful philanthropy

This list of key points resembles a list that could be drawn up for any business venture -- and that is one of the key conclusions I have come to: Treat your philanthropic activities as you would treat a business venture!...

4 reasons international high-net-worth buyers invest in U.S. real estate

In my experience, the motivations behind a non-American/HNWI’s decision to invest in U.S. real estate can be broken down into four major categories...

Daily market update: February 24, 2017

Mortgage rates plus all the latest real estate market news...

Hong Kong’s land supply for private flats likely to exceed target again in 2017-18

The land supply for private housing is expected to be sufficient to build almost 32,000 flats in 2017-18, the SCMP reports.

From hoverboards to safer building foundations

Greg Henderson, CEO of ARX PAX, talks about how the company uses technology to reduce the risks buildings face from natural disasters.

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