Ed  Watts

Ed Watts

Broker

License #: 13376

Property 1st

Mobile:
206-660-2887
Office:
425-741-4253
Email Me
Hire a top class real estate agent who will invest in your future.

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Zillow sees losses rise in Q2 thanks to ‘tough’ market

USA Real Estate News-Inman - Wed, 2023-08-02 15:15
The company lost $38 million between April and June, though it did see revenue tick up slightly. Zillow also described 2023 as "crucial," in a newly published earnings report.

‘Empowered with great products,’ Zillow acquires Aryeo

USA Real Estate News-Inman - Wed, 2023-08-02 15:03
Aryeo offers an online platform for managing real estate marketing media, founded by a trio of real estate photographers and media creatives. It will fall under ShowingTime+, according to Zillow.

Fannie Mae, Freddie Mac boost profits in Q2 despite a slow spring

USA Real Estate News-Inman - Wed, 2023-08-02 14:44
Mortgage giants Fannie Mae and Freddie Mac continued to grow their net worth as firm home prices and low default rates allowed them to release billions of dollars previously reserved for losses.

Lamacchia Realty expands with acquisitions across Massachusetts

USA Real Estate News-Inman - Wed, 2023-08-02 14:40
In the last month, the East Coast-based brokerage has made two strategic acquisitions as the company works to bolster its presence in southeastern Massachusetts and Rhode Island.

Foreign buyers target high-end homes as transactions fall 14%

USA Real Estate News-Inman - Wed, 2023-08-02 14:19
The average price of homes sold to foreign buyers was $639,900, the National Association of Realtors said. The median price was $396,400. Both numbers are record highs.

A doctor inherited a vacant lot. The home he found there shocked him

USA Real Estate News-Inman - Wed, 2023-08-02 14:04
Daniel Kenigsberg alleges a series of fraudulent documents led to his land being stolen last fall before contractors built a single-family house on his half-acre of land in Connecticut.

How Do We Overcome the Fear of AI?

USA Real Estate News-RISMedia - Wed, 2023-08-02 14:03

Do you know what’s been around for almost as long as technology itself? Fear of it. This isn’t a unique phenomenon. Fearing innovation is nearly as old as invention itself. Take, for example, the late 1890s, when the bicycle was growing in popularity. According to Discover magazine, many people feared its potential negative impact on…

The post How Do We Overcome the Fear of AI? appeared first on RISMedia.

Zillow and Redfin Partner to Share New-Construction Listings

USA Real Estate News-RISMedia - Wed, 2023-08-02 14:02

And just like that, a pair of rivals in the real estate portal sector are teaming up.  As they prepare to release their second quarter earnings reports, Zillow and Redfin announced a partnership to connect home builders with buyers in the market. The collaboration will make it so Zillow’s selection of new-construction listings can be…

The post Zillow and Redfin Partner to Share New-Construction Listings appeared first on RISMedia.

Annual Foreign Investment in U.S. Existing-Home Sales Declined 9.6% to $53.3 Billion

USA Real Estate News-RISMedia - Wed, 2023-08-02 14:01

A new report from the National Association of REALTORS® (NAR) shows foreign buyers purchased $53.3 billion worth of U.S. existing homes from April 2022 through March 2023, a 9.6% slip from the previous 12-month period.  According to the report, foreign buyers purchased 84,600 properties, down 14.2% from the prior year and the fewest number of…

The post Annual Foreign Investment in U.S. Existing-Home Sales Declined 9.6% to $53.3 Billion appeared first on RISMedia.

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