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Localize, the artificial intelligence-driven startup, raises $11 million

Localize, a two-year-old startup that aggregates detailed summaries of every address in New York City with the help of artificial intelligence, has raised $11 million in a funding round, company executives told Inman. The New York City-based startup, which provides information on schools, construction, weather conditions and other neighborhood amenities, raised $3 million in an […]

RXR Realty is raising $50M for real estate tech fund

Commercial real estate developer RXR Realty is launching a $50 million real estate tech fund, according to a Bloomberg report. The firm, which acts as a leading real estate brokerage in the tristate area, manages both commercial and residential properties but mostly focuses on major office and event buildings such as 75 Rockefeller Plaza in […]

11 things buyers do that agents can’t stand

Buyer behavior can be confusing, perplexing and downright frustrating for agents at various stages of the purchase process. This is just a glimpse into the annoyances real estate agents face all the time. Source: click here

‘Places’ wants to be the new social network for agents

Places is a social network that uses locations and dates instead of names to help real estate agents connect. Source: click here

How to keep buyers’ kids occupied during an open house

In gearing up for an open house, you’ve thought of everything: the perfect clutter-free decor, great hors d’oeuvres and flattering lighting. But in all of the preparation for potential buyers, you didn’t think about another set of all-important guests: their kids. Source: click here

5 simple tips for growing your real estate business when it’s slow

For some, summer is a time to slow down, take a vacation and relax, especially if your market slows down like it does in Miami. But rather than take a break, strengthen your business with these five tips. Source: click here

Wildfire raging through Northern California destroys 22 buildings

Wildfires are raging through Lake County, California, leading to evacuations and a state of emergency declaration on Monday from Governor Jerry Brown. More than 10,000 acres have been destroyed by the fires as of Tuesday, with the inferno burning approximately 100 miles northwest of Sacramento, according to CNN news reports. “The fire is being driven […]

HUD approves $5B Hurricane Harvey recovery plan for Texas

Help could be on the way for needy Texans still reeling from the devastating impact of Hurricane Harvey. The United States Department of Housing and Urban Development (HUD) announced on Monday the approval of a $5 billion disaster recovery plan, which will be funded through the department’s Community Development Block Grant-Disaster Recovery Program. “The Trump […]

New tool Attomized AVM estimates property values for 80M homes

There’s a new way for lenders to gauge the value of a house. On Tuesday, Attom Data Solutions and AVM Analytics introduced the Attomized AVM, a new automatic valuation tool for those who need to estimate the value of a property. The automated valuation model (AVM) is lender-grade and available as a white label solution […]

Home prices rise for the 72nd straight month: Case-Shiller Index

Home prices surged for the 72nd straight month, according to the latest S&P CoreLogic Case-Shiller National Home Price NSA Index, announced Tuesday. In the nine markets the index tracks, home prices in April rose an average of 6.4 percent, year-over-year, down slightly from last month’s 6.5 percent year-over-year gain. Seattle, Las Vegas and San Francisco have […]

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