The venture capital firm Sequoia Capital has invested $3 million in seed funding into Skyline AI, an Israeli company that uses artificial intelligence to help real estate professionals identify the right time to buy or sell properties, as TechCrunch first reported. Skyline AI, which was founded in 2017, works by mining data from various records and […]
According to CBRE and Real Capital Analytics, foreign property transactions grew by an average of 20 percent per annum since 2010 (Figure 1). The U.S. is the largest market in the world in terms of international investment volume (Figure 2), and the number of transactions in the U.S. involving international buyers has increased in the […]
One of the things drilled into my head as a college student in the economics department was the concept of the “cost-benefit analysis.” Simply put, this concept asks whether something is worth the price you pay for it. And when the answer is “no” — meaning price exceeds value — industries become ripe for disruption. […]
Security is often a very high priority for homebuyers. Is the house in a good neighborhood? Do people feel safe there? With just a few safety upgrades, you can put the potential buyer’s mind at ease and quickly boost the saleability of the home. If you’re looking for ideas, the following three upgrades can really benefit you […]
This Spring, Inman is obsessing over helping you to tune-up your business, with actionable insights, the best advice from top agents, and hundreds of helpful stories from all over the world. Interested in sharing your advice and insights with us? Reach out to me at matthew@inman.com. Don’t forget that we’ll also be focusing on how […]
Seattle-based tech-powered brokerage Redfin announced on Thursday the expansion of Redfin Mortgage into Minnesota — its sixth market since first launching the lending arm in Texas in January 2017. Redfin spokesperson Alina Ptaszynski told Inman Minnesota was a logical next step for Redfin Mortgage since the company recently made Title Forward available in the state. “Redfin launched Title […]
We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Friday, March 30 Bankrate mortgage rates The average rate you’ll pay for a 30-year fixed mortgage is 4.27 percent. The average 15-year fixed-mortgage rate is 3.69 percent. Source: Bankrate News from earlier this week Thursday, March […]
Attom Data Solutions released the results of its Q1 2018 U.S. Home Affordability Report, which showed that average wage earners ($57,009) could not afford a median-priced home in 68 percent of U.S. counties (304 out of 446). Attom determined “affordability” by calculating the amount of income needed to make monthly house payments — including mortgage, property […]
We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Wednesday, March 28 Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey The Market Composite Index, a measure of mortgage loan application volume, increased 4.8 percent on a seasonally adjusted basis from one week earlier. On an […]
Learn how all of those servers hardware and IT expenses can be spared with far simpler fixes. Listen as Jorge Guerra, founder and CEO of Real Estate Sales Force, and Stacie Staub, founder, owner and broker with West + Main Homes, dive into moving your backend onstage at Broker Connect NY 18. Watch more sessions […]
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