Luxury properties are hotter than ever in booming cities across the United States, and as billions of dollars in commercial developments begin to pop up, they attract high-end restaurants, modern attractions and other luxury conveniences. These amenities and cultural booms lure in potential buyers and eager millennials, which increases the demand for upscale housing. Source: […]
The newest technology-based companies trying to reinvent the housing-brokerage business are the iBuyers. All are trying to simplify the process of selling one home and buying another. All rely on faith among technologists that algorithms are clairvoyant, and among the public that anything on your phone is a good thing. Source: click here
Have suggestions for products that you’d like to see reviewed by our real estate technology expert? Email Craig Rowe. In March, The Brookings Institution, a public policy research nonprofit, reported on recent Census data that puts hard evidence behind the notion of a national “re-suburbanization.” “Net domestic migration to New York City metro area (which […]
AI is an umbrella term for things like machine learning, facial recognition, speech recognition, computer vision, and natural language processing. But as fancy, and potentially scary, as those things sound, AI today is very narrow in that it is designed to accomplish a particular task and and is dependent on humans… Source: click here
Home prices soared last month, climbing 8.9 percent over March of last year with 23.9 percent of homes selling above list price. The jump was the biggest monthly growth in the past four years according to a new report from tech brokerage Redfin… Source: click here
Hawaii Life broker-owner Matt Beall would be the first to say floods in Hawaii are nothing new. His company prepares for everything from tsunamis and terrorists attacks to North Korean missile launches and economic recessions. But after extremely heavy rainfall from a storm of close to 28 inches last weekend on the island of Kauai, […]
Coming Soon is a feature on Zillow many agents find useful — although they have to pay Zillow thousands of dollars to take advantage. Berkshire Hathaway Home Services, Fox & Roach found a way to bring the feature to all its agents. Source: click here
HomeFundMe, the down payment assistance crowdfunding platform introduced by national mortgage banking firm CMG Financial last October, unveiled a new app for the platform Thursday morning available on both iOS and Android. Source: click here
We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Thursday, April 19 Zillow Mortgage Rate Ticker The 30-year fixed mortgage rate on Zillow Mortgages is currently 4.25 percent, up six basis points from this time last week. The 30-year fixed mortgage rate rose late last […]
Rising home prices are outpacing household incomes nationwide, making it even tougher on first-time buyers, a new report from the National Association of Realtors and Realtor.com found. First-time buyers in Hawaii, California, Oregon, Montana, Rhode Island and the District of Columbia struggled the most, according to the Realtors Affordability Distribution Curve and Score, which measures affordability through […]
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