Supply and demand challenges are expected to slow down existing-home sales to early summer levels at 5.44 million units, according to Auction.com’s Real Estate Nowcast.
Read More »Energy-Dependent Housing Markets Affected By Low Oil Prices
Housing trends are constantly fluctuating, but aside from some of the obvious factors that affect the housing market, oil prices appear to be having a negative impact on markets that are dependent upon this energy.
Read More »Auction.com Acquires Allre and Hires Founder as SVP of Product Strategy
Irvine, California-based online real estate marketplace Auction.com has announced the acquisition of online real estate marketplace Allre and the hiring of Allre’s founder, Kathy Dryden, as SVP of product strategy.
Read More »Auction.com Hires New SVP of Commercial Real Estate Finance
Auction.com, a leading national online real estate marketplace headquartered in Irvine, California, has announced the hiring of Sharmila Patel as SVP of commercial real estate finance and operations.
Read More »Existing Home Sales to Pick Up in September; Market Shifts to Buyer’s Favor
Existing home sales had a less than promising performance in August, but Auction.com's Real Estate Nowcast projects that they will pick back up in September. Realtor.com also predicts that lower prices and less competition will shift the housing market from seller's favor to buyer's.
Read More »Auction.com Hires CFO & VP of Customer Engagement
Irvine, California-based online real estate marketplace Auction.com has announced the hiring of Aman Kothari as its CFO and former eBay executive Kristine Chin as VP of customer engagement. ...
Read More »Senior Housing Demand Soars, But so do Chances of Oversupply
As the baby boomer generation edges closer to retirement age, housing demand for seniors is expected to increase, but could too much of a good thing mean oversupply?
Read More »Existing-Home Sales Solid, But Expected to Slow Down
While existing-home sales have seen solid gains in 2015, reaching levels not seen since before the crisis seven years ago, the rate of increase may be slowing down, according to data released by Auction.com on Tuesday.
Read More »Auction.com Hires New VP of Customer Engagement
Irvine, California-based online real estate marketplace Auction.com has announced the hiring of former eBay executive Kristine Chin as VP of customer engagement. The duties of the newly-created role of VP of consumer engagement involve spearheading a cohesive, comprehensive, company-wide effort to help Auction.com employees understand the company's customers raise awareness of their needs both now and for the future.
Read More »Existing Home Sales Expected to Modestly Increase in July
Auction.com, LLC has revised its July Real Estate Nowcast downward. According to Auction.com, existing home sales in July are now projected to fall between seasonally adjusted annual rates of 5.39 and 5.75 million annual sales with a targeted number of 5.57 million.
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