Will the second quarter of 2023 match real estate's Q1 meltdown?
Major real estate companies began reporting Q2 earnings this week against a backdrop of high rates, low inventory and a sluggish economy. Analysts shared what they're watching with Intel
by Jim Dalrymple II Jul 26
How 'computer vision' is disrupting real estate, 1 listing photo at a time
As ChatGPT reimagines how agents write, computer vision extracts data from millions of images to tell deeper stories about home, Restb.ai Chief Product Officer Nathan Brannen tells Intel
by Craig C. Rowe Jul 26
Top producers benefit with new Adwerx Top Performer Package
The Durham, North Carolina-company is leveraging 10 years of data collected from customers considered top-of-market producers in both home sales and mortgage origination
by Craig C. Rowe Jul 25
RentSpree adds 50,000-member OneKey MLS in latest partnership
OneKey, New York State’s largest multiple listing service, will now offer the software company's ApplyLink tool to members throughout Long Island, New York City and the Hudson Valley region
by Craig C. Rowe Jul 25
Technology platform Inspectify finds $5.76M in new funding
'The data and determined insights from an inspection creates exponentially more efficiency in terms of how homes are owned and operated,' Inspectify's CEO Josh Jensen said
by Craig C. Rowe Jul 24
Americans are moving into flood-prone cities at alarming rate: Data
Migration into flood- and wildfire-prone counties has more than doubled since the COVID-19 pandemic began, according to a Redfin analysis of domestic migration data released Monday
by Ben Verde Jul 24
Here's how CoStar can beat Zillow and win the real estate portal wars
CoStar is already borrowing a page from other big insurgent companies including Nike, Apple and Pepsi. But whether it can surpass Zillow may depend on how much it spends, analysts told Intel
by Ben Verde Jul 19
There’s a ‘magic number’ that moves homes. Will we ever hit it?
Buyers have been holding out for a 5.5% rate — but they may need to adjust their expectations, Maegan Sherlock, a senior research analyst for John Burns Research and Consulting, tells Intel
by Daniel Houston Jul 19
Do you Mynd? Invesco Real Estate invests $20M more in SFR platform
Invesco Real Estate has now invested $50M into the single-family rental investment solution, because SFRs are a 'tremendous opportunity' and 'an emerging asset class,' the company said
by Craig C. Rowe Jul 19
InspectionGo takes off: Lands $5.5M funds, acquires 2 companies
On heels of Series A round, inspection software company is on its way acquiring industry-related proptechs in HomeBinder and Repair Pricer, according to InspectionGo
by Craig C. Rowe Jul 19
Leading RE selects recruitment app Courted for Solutions Group
The real estate brand has chosen Courted — a mobile application designed to improve how agents, teams and brokerages network — for inclusion on its list of preferred vendors and resources
by Craig C. Rowe Jul 19
Fewer than 2% of homes changed hands in 2023, marking 10-year low
Thanks to low inventory and high mortgage rates, just 14 homes out of 1,000 changed hands in the first 6 months of 2023, the lowest rate in a decade, according to data released Tuesday by Redfin
by Ben Verde Jul 18
Funding on aisle 5: Home Depot Ventures backs Higharc
Joining the hardware brand is Standard Investments, the investment arm of Standard Industries, and Carl Bass, former president and CEO of Autodesk Inc, according to the company
by Craig C. Rowe Jul 18
Back At You's Design Studio aims to become 'Canva of real estate'
Back At You is the latest proptech to empower agents to create and publish their own marketing assets without the help of creative professionals, according to a company announcement
by Craig C. Rowe Jul 14
How early adopters in real estate learned to stop worrying & love AI
Less than a year after becoming available, tools like ChatGPT and DALL-E have inspired brokers to explore — and integrate — artificial intelligence, a rigorous process of trial and error, they told Intel
by Jim Dalrymple II Jul 12
AppFolio exec: AI is about 'activity elimination,' not axing human jobs
Rather than being replaced by artificial intelligence, the agent of the future will have fewer rote tasks to perform, Cat Allday, AppFolio's vice president of AI and product operations, tells Intel
by Jim Dalrymple II Jul 12