Previews

  • The Centers for Disease Control and Prevention’s moratorium on evictions has been ruled unconstitutional by a federal judge in Texas, paving the way for evictions in the state to resume. The ruling could also set a legal precedent and have a sweeping effect on housing providers across the U.S., ABC News reported. Under the moratorium,… [Continue Reading]

    Texas judge says CDC eviction ban is “unconstitutional”
  • Spurred on by a booming housing market, the technology-powered real estate brokerage Compass said Monday that it’s planning to go public via an initial public offering later this year. Compass was founded in 2012 and has attracted thousands of agents due to its high-tech offerings that arm them with better data and analytics, marketing and… [Continue Reading]

    Tech-based brokerage Compass files for IPO
  • This week RealtyBiz talked with Shaival Shah, who is one of the co-founders Ribbon Home, one of the industry’s most successful new services.

    A Conversation With Ribbon Co-founder Shaival Shah
  • Lumber prices hit another record high last week, with the price having risen now by more than 170% in the last 10 months, according to a report by the National Association of Home Builders. That’s bad news for buyers, as home builders have responded by increasing the prices of new homes. The soaring cost of… [Continue Reading]

    Lumber prices rise again, impacting home affordability
  • Home buyers in the U.S. are facing increasingly fierce bidding wars, but even as prices rise and competition heats up, they’re not giving in. A new survey by the National Association of Home Builders last week found that around 40% of prospective home buyers have been unable to purchase one because they keep getting outbid,… [Continue Reading]

    Bidding wars heat up, but buyers are undeterred

Opendoor says it will help buyers make cash offers

iBuying company Opendoor is responding to a slump in its business by helping customers who need to secure financing to buy a home make cash-backed offers that can improve the chances of their bid on a home being accepted. The company said that in order to take advantage of the offer, buyers will first need […]

Tech-based brokerage Compass files for IPO

Spurred on by a booming housing market, the technology-powered real estate brokerage Compass said Monday that it’s planning to go public via an initial public offering later this year. Compass was founded in 2012 and has attracted thousands of agents due to its high-tech offerings that arm them with better data and analytics, marketing and […]

Smart Home Tech You Can Count On

Smart home tech refers to the automation of a home whereby a system connects different devices and appliances. The automation system includes communication technology that enables a homeowner to remotely control their home setup from anywhere using an internet connection with their devices like a smartphone. Smart home tech systems can control appliances, lighting, temperature, […]

Zillow acquires ShowingTime for its online tour scheduling platform

Zillow is acquiring a company called ShowingTime that offers a platform for scheduling physical home tours so people can go to see a home they’re interested at a time that’s most convenient. Zillow said it’s buying ShowingTime for $500 million, and will use the company’s technology to make it easier for people to request tours […]

Smart Homes of the Future What Should you Expect

If you plan to build a smart home, learn more about the technologies that will define the smart home of the future, their practicality, benefits and more. Smart homes are now a dominant trend in the real estate market.  A recent market report estimated the global smart home market to grow at a CAGR of 21% from 2019-2025.  By […]

Virtual walkthrough software company Matterport is going public

Matterport, a company that provides virtual reality technology used in virtual walkthroughs of homes and office spaces, said this week that it’s planning to go public on the NASDAQ stock exchange. With the move, Matterport follows in the footsteps of other real estate firms such as Opendoor and Porch.com, both of which recently went public […]