Closing escrow: Rebate-based Prevu lands $6M Series A
'In an era where affordability is a growing concern for homebuyers, Prevu is committed to making the dream of homeownership more attainable' - Prevu co-CEO Chase Marsh
by Craig C. Rowe Dec 14
High-income renters are top prize as ownership hurdles pile up: Poll
Luring high-income renters into homeownership will only become more challenging as costs stay high, according to experts and a survey of US consumers conducted by Dig Insights and Inman
by Chris LeBarton Dec 13
'Grow, grow, grow': Realtor.com's plan to come out swinging in 2024
Realtor.com is ramping up its competition with rival portals heading into the new year as it rolls out enhanced listing-focused products for agents, CMO Mickey Neuberger told Intel exclusively
by Daniel Houston Dec 13
Simply Homes funded $22M to apply AI to home affordability crisis
Simply Homes applies proptech by using an artificial intelligence-generated performance model to determine what each property will require to reach livability and, in time, profitability
by Craig C. Rowe Dec 12
DelPrete: Unprofitability raises questions about Redfin's viability
According to Mike DelPrete, high debt, low cash and a lack of profitability in its business model call into question Redfin's current trajectory and its plans for the future
by Mike DelPrete Dec 12
Cloze teams with design platform Canva for seamless listing magic
Cloze is the first application in its category to integrate with the web-based graphic design platform Canva, the customer relationship management platform revealed exclusively to Inman
by Craig C. Rowe Dec 12
Redfin rolls out AI-enhanced digital self-staging tool for homebuyers
In partnership with Roomvo, the brokerage and search portal's new Redfin Redesign tool grants homebuyers the ability to alter room finishes while alerting agents to a buyer's growing interest
by Craig C. Rowe Dec 8
NAR enrollment fell in 2023. Here's where membership rose — and why
NAR membership declined by 1.4% in the 12-month period that ended in October, with state-level enrollment hewing closely to local housing metrics, according to a state-by-state analysis by Intel
by Daniel Houston Dec 6
Buckle up for the 2024 portal war
Expect the portal wars to go into overdrive in 2024, with CoStar Group leading an ambitious effort to unseat Zillow as the country's top real estate portal, technology advisor Mike DelPrete writes
by Mike DelPrete Dec 6
STR-focused reAlpha acquires AI development firm
ReAlpha Tech Corp. offers an AI engine to analyze investment potential and performance in rental properties, specifically short-term vacation properties, for individual and institutional investors
by Craig C. Rowe Dec 5
EasyKnock continues its buying spree as it picks up Balance Homes
The acquisition continued the sale-leaseback company's quest to provide ways for homeowners to tap into their equity without losing their homes
by Taylor Anderson Dec 5
RealScout and Cloze connect for highly anticipated integration
The 2 popular proptechs are known for assisting industry professionals with lead conversion and supporting long-term client interaction
by Craig C. Rowe Dec 5
Vacasa gives Matterport multiyear marketing deal
The vacation home company hired the digital twin creator in a multiyear contract to help market its global portfolio of vacation homes under management
by Craig C. Rowe Nov 30
Property management solution Revela revels in $9M Series A
The company serves private and institutional single-family landlords, multifamily property managers and student housing companies. The funding was led by FirstMark Capital
by Craig C. Rowe Nov 30
With Fannie Mae's adoption, AI's role in real estate is solidified
Fannie Mae said that computer vision enabled them to identify appraisal defects much more efficiently than other processes, including many that were previously impossible to triage
by Craig C. Rowe Nov 29
What other cities can learn from LA's rocky 'mansion tax' rollout
LA's new tax on high-priced property sales has been a drag on the real estate industry while raising far less revenue than the city expected, an Intel analysis suggests
by Lillian Dickerson Nov 29