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Press Releases

Hubzu Identifies 20 Markets with the Highest REO Buy, Renovate and Sell Rate

October 29, 2018

Hubzu, a leading online real estate marketing platform, today released data ranking the top 20 U.S. metropolitan statistical areas (MSAs) by highest percentage of Real Estate Owned (REO) properties bought and sold within 2017 (January 1-December 31). The data analysis also identified the average number of days a listing is on market and the average difference between purchase and sale price.

Altisource Appoints Patrick McClain as SVP

April 17, 2018

Luxembourg-based Altisource Portfolio Solutions S.A. has appointed Patrick McClain as SVP, Hubzu Auction Services. McClain will report to Joseph A. Davila, President, Service Solutions.

Hubzu Enhances Investor Experience by Adding RentRange Rental Income Estimates

October 10, 2016

Hubzu, a leading real estate auction marketplace, has launched a new feature to support investors seeking to purchase rental properties. The HubzuŽ Real Estate Marketplace now displays low, median and high estimates of potential rental income through its integration with RentRange, one of the premier providers of market data and analytics for the single-family rental industry.

New Features Make it Easier For Consumers To Buy Distressed Properties Through Hubzu

August 11, 2016

Hubzu, a leading real estate auction marketplace, has launched new features to help traditional home buyers purchase bank-owned homes as their next residence. Hubzu users can now see upcoming listings pre-auction.

Hubzu Reports Strong Growth in 2015 and Launches New Site to Improve the User Experience

May 18 , 2015

Hubzu, an innovative online real estate marketplace, today releases a new responsive design to improve the user experience and to bring even more qualified buyers to its online home auctions. Reporting strong growth in 2015, Hubzu increased its average number of homes offered for auction by 20 percent in the first quarter when compared to the first quarter of 2014.

Hubzu Expands Sales Team to Meet Rising Demand for Direct to Broker Program

July 10, 2013

Hubzu, a leading online residential real estate marketplace, announced today that Philip P. Felice has joined as the National Sales Director for the Direct to Broker business. In addition, Hubzu has appointed Jonathan E. Dees and Laurence J. Tamkin as Regional Sales Managers.

Hubzu Senior Vice President to Present at National Association of Real Estate Editors Annual Conference on June 6th

June 5, 2013

Hubzu, a leading online residential real estate marketplace, announced today that Scott Wielar, Senior Vice President and General Manager, will present at the National Association of Real Estate Editors (NAREE) 47th Annual Real Estate Journalism Conference, to be held in Atlanta, on Thursday, June 6.

Hubzu Data Further Validates Consumer Adoption of Online Home Buying and Selling

January 24, 2013

Hubzu today released new data regarding home sales through its online marketplace. This newly released data further validates the impact of Hubzu's efforts to make the online home buying and selling process easy, efficient and transparent from start to finish.

Hubzu Opens Online Auction Marketplace to Agents and Brokers

January 16, 2013

Hubzu announced the launch of its Direct to Broker channel designed to help real estate agents and brokers achieve faster sales for their clients through auctions on the Hubzu online marketplace. The company's announcement signifies its commitment to support the $40 billion plus residential brokerage space.

Hubzu Announces Eric Eckardt as Vice President, Direct to Broker

January 16, 2013

Online residential real estate marketplace, Hubzu announced the appointment of Eric Eckardt as Vice President, Direct to Broker. Eckardt will oversee the Direct to Broker business including long-term strategic planning, market penetration of the real estate broker community and business development initiatives.

Altisource Announces Launch of Hubzu

September 17, 2012

AltisourceTM (Nasdaq: ASPS) announced the launch of Hubzu, an online residential real estate marketplace. Hubzu improves the online home buying and selling experience by making it easier, more efficient and transparent from start to finish. Hubzu puts the entire experience online – from searching and bidding to financing and closing. Effective today, Hubzu replaces GoHoming, Altisource's current online marketplace for real estate.

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