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
RentRedi's latest offers increased document flexibility
'We aim to make landlords and their tenants’ lives easier by giving them everything they need, and nothing they don’t,' said RentRedi CEO and co-founder Ryan Barone
by Craig C. Rowe Jul 11
Home search startup Dash rolls out new construction info for agents
Dash, which aims to improve how real estate agents access information about new construction projects, has released a beta test of its software in Miami, the company announced last week
by Craig C. Rowe Jul 11
Builder hiring ramps up while real estate brokerages keep pace
Builders and residential contractors added nearly 60,000 jobs in June — about 11,000 more than expected for this time of year, according to data released Friday by the Bureau of Labor Statistics
by Daniel Houston Jul 7
Mosaik rolls out AI-backed home search as stand-alone product
Collaborative, AI-backed home search that allows buyers, agents and family members to browse and consider options in unison based on a 'wishlist' is now available to enterprise accounts
by Craig C. Rowe Jul 7
Compass snags $40M Dallas real estate team from Coldwell Banker
Dallas-based team leaders Jason Castro and Liz Mello have moved their team, The Castro Group, to Compass. They are the 48th agent or team to move from Coldwell Banker to Compass this year
by Marian McPherson Jul 6
Propy rolls out AI update aimed at improving workflow and security
The blockchain and Web3 advocate said its artificial intelligence-enhanced and optical character recognition-backed update will increase workflow efficiency and augment data dissemination
by Craig C. Rowe Jul 6