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Lawsuit Dismissed Against Zillow’s Zestimates

by Kenneth Harney | May 21, 2018 | Industry News, Residential Real Estate

A federal district court has dismissed a closely followed class-action lawsuit that charged Zillow – creator of the controversial Zestimate online home-valuation tool – with deceptive business practices designed to mislead consumers. The suit, filed last year by...

Appraisal-Free Loans Save Millions for Buyers

by Kenneth Harney | May 7, 2018 | Industry News, Residential Real Estate

For homeowners and buyers, it’s been an unexpected windfall: relief from having to pay for a traditional mortgage appraisal that usually costs between $400 and $600. The savings nationwide to consumers in just the past year alone may total tens of millions of dollars....

Tired of the Hassle of Selling Your Home? Try This All-Cash Alternative

by Kenneth Harney | Apr 30, 2018 | Industry News, Residential Real Estate

It’s the oldest fix-and-flip pitch in American real estate: “We’ll buy your home, guaranteed, no matter what its condition, and we’ll pay you quick cash with no commissions, and close in seven days or less.” You’ve probably encountered versions of this on TV or...

Are Lower Tax Rates Linked to Higher Home Appreciation?

by Kenneth Harney | Apr 23, 2018 | Industry News, Residential Real Estate

Nobody likes getting tax bills, especially homeowners who are burdened with ever-escalating local property taxes. Last year, property taxes collected by local and state governments rose by an average 6 percent – $293.4 billion in total – almost three times the annual...

Equity-Affluent Americans Have Options

by Kenneth Harney | Apr 16, 2018 | Banking & Lending, Industry News, Residential Real Estate

Americans are awash in record amounts of equity in their homes, posing the question for millions: So what do we do with it? Leave it for a rainy day or retirement? Tap into it to remodel the house? Make a down payment on a vacation condo? These are crucial financial...
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