Twitter is warning its 336 million users that it has discovered a glitch in the system that stores users’ passwords. The social media giant is urging users to change their passwords immediately, as well as to change their passwords on any other service where they may have used the same one to login.“We have fixed the bug, and our investigation shows no indication of breach or misuse by anyone,” Parag Agrawal, Twitter’s chief technology of
Mortgage financing giant Freddie Mac has announced it will offer low-cost loans to multifamily property owners who keep their buildings affordable to middle-class families. Landlords will receive lower interest rates if they agree to make the majority of their units affordable for tenants who earn 80 percent or less of the area’s median income. The units also must remain affordable for the term of the loan, which typically spans about a decade.
“White-boxing,” where homeowners strip out all of their property’s finishes and amenities—including high-end kitchens and bathrooms—is a growing trend in hot luxury markets. Much like neutralizing paint color, the move is believed to make homes more appealing to a wider audience of buyers. “White-boxing is really just having a blank canvas,” Jade Mills, a sales associate with Coldwell Banker in Beverly Hills, Calif., told CNBC. “S
The number of equity-rich properties in the U.S. may have reached a tipping point, according to ATTOM Data Solutions’ First Quarter 2018 U.S. Home Equity & Underwater Report. Equity-rich properties in the U.S. in the second quarter are down from their peak in the second quarter of 2017. ATTOM Data Solutions defines “equity rich” as borrowers who have at least 50 percent equity in their property.“We’ve reached a tipping point in this
Homeownership is still considered vital to the American dream. But for many Americans, joining that dream also means living in a place of economic opportunity and diverse communities.SmartAsset, a personal finance resource, ranked the best places for living the American dream by looking at five key metrics: homeownership rates, diversity rates, upward mobility rates, median home values, and unemployment rates.According to the study’s finding
May marks a golden opportunity for homeowners to assess their home and ensure everything is in tip-top shape before the summer months begin. HouseLogic recently provided a checklist that you can use to save both time and money.For smart homeowners, these four tasks are essential for the month of May: A new refrigerator. If your current fridge is leaky, not cooling enough, or tight on storage space, consider buying a new model this month. May is
Bathrooms have overtaken kitchens as the most popular remodeling project, according to a newly released survey by the National Association of Home Builders."Small-scale renovations are slowly becoming just as popular as large-scale projects, as seen with bathroom remodeling becoming more common than kitchens," says 2018 NAHB Remodelers Chair Joanne Theunissen. "Home owners are finding cost-effective and [faster] upgrades can also add comfort and
wo U.S. agencies are combining their efforts to bring new levels of safety to public roadways.With buyers increasingly interested in walkable communities and self-driving cars edging their wayonto public streets, the National Safety Council is rolling out Road to Zero, designed with the U.S. Department of Transportation and over 600 industry groups. Road to Zero's goal is to eliminate traffic deaths by 2050.A recent report by the RAND Corp. la
DocuSign, the e-signature company that helped usher in the era of digital real estate closings, debuted as an initial public offering on April 27 and is off to a strong start. Shares of DocuSign ended up 37 percent higher by the end of its first day of trading on the Nasdaq. DocuSign is NAR’s official and exclusive eSignature provider under the REALTOR Benefits® Program and an NAR Strategic Investment Company.DocuSign priced its IPO at $29 a
Second Century Ventures, an investment arm of the National Association of REALTORS®, named eight startups to its 2018 REach Accelerator Class. REach is a technology accelerator program that helps launch early- to mid-stage companies into real estate, financial services, banking, home services, and insurance industries. Companies selected get access to NAR’s industry expertise and influence as they launch into the real estate space.The companie
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