Real estate news

• Black Buyers at a Disadvantage Over Others: Zillow

  16-04-2018 22:54
  Affordability is a growing problem—but for black buyers, it has created a deep disadvantage over other groups, according to an analysis newly released by Zillow.
  Based on the black household income (a median $39,466), and without exceeding the 30 percent housing spend standard, black buyers could afford just 55.3 percent of listings nationwide in 2017—a considerable disparity from Asian buyers, and buyers who are Hispanic or white:Across the 20 largest markets, there are areas with d
  
  Read more

• Weighing Risk and Reward: Crypto-Investing in Home Equity

  16-04-2018 22:50
  For homeowners that are looking to access home equity funds, but don’t want to take out a second loan, a home equity line of credit (HELOC) or a reverse mortgage, there are not many options; however, blockchain technology is looking to change that by offering investment opportunities that are tied to a home’s equity and rising values.
  Quantm Real Estate (quantmRE) is a membership-based real estate investment network built on blockchain technology. It allows the primary issuance and s
  
  Read more

• Monday Morning Cup of Coffee: Goldman Sachs buys startup Clarity Money to bolster Marcus

  16-04-2018 06:01
  
  It's the start of a new week, but the news couldn't wait for Goldman Sachs, which announced on Sunday it purchased personal finance startup Clarity Money (and its 1 million users) to boost its consumer-lending business Marcus. Plus, more on the Blend and AIME partnership for brokers and a new mortgage servicing rule goes into effect this week.
  
  Read more

Follow @RealEstate_Nws_ on Twitter!