Zillow has said its artificial intelligence-powered virtual home tours are now available nationwide on all listings, giving prospective home buyers and renters a better sense of a home before they step inside. The free, AI-generated floor plan tool is known as “Zillow Surfing”, and is meant to save searchers valuable time while they’re looking through
What Does It Take to Develop a Canine Retreat Like Paw and Pints?
August 11, 2022 by Leave a Comment
Did you know that nearly half of Americans have adopted a new dog since the start of 2020? With all of these new pet dogs, the canine retreat industry has been booming! But what does it really take to start your own canine real estate retreat like Paw & Pints? Is it really that difficult? If you
4 Add-on Car Insurance Coverages that are Just Not Worth it
August 11, 2022 by Leave a Comment
Are you in the market for car insurance? Even with websites that help with the car insurance quotes comparison process, it can still be quite confusing especially when you don’t know what to look for. Apart from the usual main components of liability and comprehensive insurance, there are various add-ons that insurance companies offer. What
Consumer confidence in housing falls to lowest point in 11 years
August 10, 2022 by Leave a Comment
Fannie Mae said in a monthly survey released this week that consumer’s confidence in the housing market is now at its lowest level since 2011, with both buyers and sellers increasingly pessimistic. According to the survey, just 17% of respondents believe now is a good time to buy a home, down from 20% one month
Mortgage rates fall back below 5%, providing relief for home buyers
August 8, 2022 by
Having endured weeks of rising borrowing costs, home buyers in the U.S. have gotten a “second chance” to lock in a lower interest rate. Last week, the popular 30-year fixed-rate mortgage fell below 5% for the first time in months, according to a report by Freddie Mac. Rates had been hovering above 5% for a
CubiCasa’s new app makes it easy for real estate agents to create highly accurate floor plans
August 5, 2022 by
Mobile floor plan scanning app provider CubiCasa is making its service available for free in the United States. CubiCasa is the creator of mobile capture technology that can be used without prior training by anyone with a smartphone. From a simple walk-through of a home, the technology produces a highly-precise floor plan sketch with the
TruAmerica Multifamily snaps up 1,500 apartment units via three acquisitions
August 4, 2022 by
Multifamily investment giant TruAmerica has said it has acquired five suburban apartment communities that together comprise almost 1,500 units in Florida, Phoenix and Ohio. The acquisition spans three transactions and includes a 981-unit portfolio that’s spread across three properties, which was acquired in partnership with funds managed by Oaktree Capital Management. The portfolio includes 314
Chime can now automate online marketing with Social Studio
August 4, 2022 by
The customer relationship management focused proptech startup Chime has announced a new social media tool called Social Studio. According to Chime, Social Studio is designed to enable real estate agents to capitalize on social media as a low-cost opportunity to build awareness and fill their sales pipelines. Chime said Social Studio is able to do
Mortgage rates fell again as housing market reaches ‘equilibrium’
August 3, 2022 by
Mortgage rates took a sharp turn lower last week, just one day after the Federal Reserve raised its benchmark rate. The average 30-year fixed-rate mortgage fell to 5.22% on Thursday, down from 5.54% earlier in the week, shortly after the Fed announced another rate hike. Mortgage News Daily reported that the average rate fell even
Short-term rental pricing platform PriceLabs raises $30M
August 1, 2022 by
The vacation rental revenue management startup PriceLabs said last week it has raised $30 million in a “minority growth investment” round. The sole investors in the round was Summit Partners. Price Labs, which is already profitable, said the round is the first time it has sought outside funding, and that the cash will be used
