‘Borderline Desperate’ Buyers Are Winning Bidding Wars but Risking Deals Over Low Appraisals

Desperate to win bidding wars in low-supply, high-demand markets, buyers often offer well over asking price, only to see the deal stall because the appraisal falls short of mortgage requirements. This leaves them with a stark choice—either pay out of pocket to bridge the financing gap or walk away f

Zillow, MRED and Compass Argue Over Discovery as Judge Sets Schedule for Moving Forward

The “high-stakes” Chicago-based legal battle between Zillow, Midwest Real Estate Data (MRED) and Compass continued to evolve today as parties argued expectations about discovery and the path ahead for the case. Following a hearing last Friday where Judge John Tharp stepped between the parties in reg

How Chattanooga Boosted Affordable Housing Without Direct Subsidies

With its corner of Southeast Tennessee growing, Chattanooga has developed a new tool to encourage more housing, without making taxpayers foot the bill. The city has secured the first set of new housing developments using a first-of-its-kind tool, which incentivizes the construction of below-market h

Eastwood Homes lands Peachtree Building Group in Atlanta

Eastwood Homes’ acquisition of Atlanta-based Peachtree Building Group – announced today – maps out on its surface as a straightforward expansion move. Eastwood Homes, our HousingWire Homebuilder Ranking’s No. 11-ranked private homebuilder, is a fast-growing Charlotte-based builder that, with this de