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  • Facebook is the latest big tech company to pledge money to address the shortage of affordable housing affecting the communities its workers live in. The company says it’s committing $1 billion towards a variety of initiatives meant to tackle the problem, following similar pledges by Google and Microsoft. The initiatives come at a time when… [Continue Reading]

    Facebook pledges $1 billion to combat Bay Area housing crisis
  • More home buyers are being tempted onto the market by the incredibly low mortgage rates being offered, but they’re becoming increasingly frustrated at the limited choice of homes for sale. The combination of an unseasonable surge in buyer demand and reduced housing inventories, there simply aren’t enough homes to satisfy everyone who’s looking, CNBC reported.… [Continue Reading]

    Cheap mortgage rates bite into already low housing inventories
  • Consumers with bad credit ratings are increasingly taking advantage of alternative mortgage products that allow them to buy a home without a huge down payment, often through lease-to-own contracts. But borrowers still need a steady income to qualify for these products, the Wall Street Journal reported. One example is a company called Divvy Homes, which… [Continue Reading]

    Alternative mortgages providing a back door to homeownership
  • Aspiring home buyers with medical debt are more likely than others to be denied a mortgage, while those with student loan debt more often put off buying. That’s according to the 4th annual Zillow Group Report on Consumer Housing Trends, released today. Personal debt – particularly credit card, student loan and medical – tremendously impacts… [Continue Reading]

    Medical and student debt handicapping Americans’ housing hopes
  • Finishing school, joining the workforce and moving out on your own is a rite of passage for many young people. Today’s young adults are taking longer to make this transition, and doing it less often overall than previous generations, according to a new Zillow analysis. In 1980, 1990 and 2000, the tipping point age at… [Continue Reading]

    Zillow research finds Americans are moving out on their own later

Casavo Raises €50m to Fuel Expansion Across Europe

Italian buy/sell startup Casavo has raised €50 million in Series-B funding led by Greenoaks Capital. The funds will go to expand the company’s reach.

Doorstead wants to expand iBuying to the rental market

The iBuying model has become increasingly popular among homeowners looking for a quick sale of their property, and now a new startup is hoping to bring the concept to rentals as well. Doorstead is pitching the idea of “iRenting”, offering to act as a property manager for landlords who own single-family rentals. The company offers […]

How Home Automation Kits Can Revolutionize Your Living Space

Looking for a revolutionary home improvement idea? Forget all about décor and aesthetics for a moment. Smart homes are the latest trend in home improvement and it is a revolution you can’t afford to miss.  A 2018 GfK Study shows a third of US consumers now use two or more smart home gadgets. Smart homes […]

Shopping For the Best Landlord Software? Look for these Features

The 2018 PwC’s Yearly Trend Report indicates that real estate players risk missing opportunities for failing to integrate technology in their operations. Technology now influences many aspects of the sector. If you area landlord looking to optimize your property’s management, tech gives you the tools you need. Using landlord software is one of the smartest […]

Assessing the Impact of Artificial Intelligence in Real Estate

Artificial intelligence (AI) is one of the biggest innovations of the 21st century. It is now impacting every aspect of modern life. The rise of intelligent machines is one of the most outstanding modern innovations. According to IDC, global spending on AI systems will hit $35.8 billion in 2019. At the same time, a Gartner […]

Munich PropTech Startup Building Radar Raises €5M in Series A Funding

German proptech startup Building Radar has raised €5 million in Series A to expand on market intelligence for the contruction industry.