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Wary builders fear new home buyers are being priced out
By
Mike Wheatley
| July 21, 2022
Real Estate Technology
Risk analytics platform Zesty.ai raises $33M in Series B round
By
Mike Wheatley
| July 21, 2022
AI-powered property risk analytics platform provider Zesty.ai has raised $33 million in a Series B round of funding led by Centana Growth Partners, it said this week. The company said the funds will be used to scope expansion of its property and climate risk products, to scale its go-to-market motion and to build real estate […]
Housing
,
News
Fundrise launches $1B fund to invest in real estate technology
By
Mike Wheatley
| July 20, 2022
Real estate industry investment platform Fundrise has announced a new, $1 billion fund as part of its bid to expand into the technology space. The new “innovation fund”, as it’s called, aims to make real estate technology investments easier and more affordable for all U.S. residents. Anyone who lives in the U.S. can invest in […]
Featured News
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Housing
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News
Are millennials to blame for inflation?
By
Mike Wheatley
| July 19, 2022
Rising inflation is being blamed on the high commodity and energy prices triggered by supply chain problems and the war in Ukraine, but one investor argues there’s another factor at play - millennials. In an interview on CNBC’s Squawk Box Europe, Smead Capital Management’s chief investment officer Bill Smead said one of the problems facing […]
Real Estate Investing
Vacation rental investment platform Here raises $5M in seed funding
By
Mike Wheatley
| July 18, 2022
Fractional vacation rental investment platform Here Investments Inc. has announced raising $5 million in a seed funding round led by Fiat Ventures. Liquid 2 Ventures, Mucker Capital, Basecamp Ventures, and Daffy co-founder and former Wealthfront CEO Adam Nash also participated in the round. The company aims to use the money to expand its product offering […]
Housing
,
News
Manhattan rents surge above $5,000 a month
By
Mike Wheatley
| July 17, 2022
Renters in Manhattan are now expected to pay an average of $5,000 to rent an apartment, representing a record high for rental apartments in the city. What’s more, brokers say demand for Manhattan rentals will increase even more this fall, most likely pushing rental prices up even more. The average apartment rent in Manhattan was […]
Industry Technology
,
Real Estate Technology
NAR adds Rental Beast as latest Realtor Benefit
By
Mike Wheatley
| July 14, 2022
The National Association of Realtors has announced that its members now have free access to Rental Beast, a software provider that has built a secure and FCRA-complaint online rental application and tenant screening system. The NAR said Rental Beast is the latest addition to its NAR Realtor Benefits suite, which provides modern technology, products and […]
Real Estate Technology
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Smart Home Tech
Apartments.com integrates with Rently to enable self-guided tours
By
Mike Wheatley
| July 13, 2022
Rental listings platform Apartments.com has announced a partnership with Rently that will see it integrate self-guided tours with its listings. Rently is a self-touring and smart home proptech startup. Thanks to the integration with Apartments.com’s listings, users will be able to tour rental listings directly at a time that’s convenient to them. “We believe the […]
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