The coronavirus (COVID-19) pandemic is shattering the global economy, so why is there no objective response from real estate industry experts?
Proptech Startup Apsiyon Raises $5M Funding Round
March 20, 2020 by Leave a Comment
Turkish proptech startup Apsiyon has just raised a $5 million round led by Earlybird VC’s Digital East Fund and angel investor Jak Baruh.
Virtual tours catch on as Coronavirus outbreak spreads
March 19, 2020 by Leave a Comment
Real estate professionals are increasingly opting for virtual tours to show off their listings as the coronavirus outbreak continues to cause fear in the U.S. The move comes as Leonard Steinberg, chief evangelist and corporate broker at Compass, called for a two-week moratorium on in-person home showings. Meanwhile, Redfin’s CEO Glenn Kelman has said his […]
Higher housing density makes homes more affordable, survey shows
March 10, 2020 by
More than three quarters of homeowners across 20 large metro areas agree local governments should do more to keep housing affordable, and most agree that allowing more building would help, according to a new Zillow survey. But while there is meager support for new large multifamily buildings, more than half of homeowners say they and […]
Europe’s A/O PropTech Fund Makes Waves in VC World
March 8, 2020 by
A/O PropTech launched a month ago promising €250 million euro in “permanent capital” investment for disruptive proptech companies.
Here’s how the coronavirus will impact U.S. real estate
March 4, 2020 by
Fears over the coronavirus have struck fear into investors and rattled financial markets across the world. And with 103 confirmed cases in the U.S. as of Tuesday, there are worries that the near-pandemic will likely impact housing markets too. So far, coronavirus fears have already resulted in mortgage rates falling, as investors are pulling money […]
Can more entertainment save America’s shopping malls?
February 21, 2020 by
Shopping malls in the U.S. are looking to add more entertainment venues and restaurants as part of an effort to reinvent themselves as “theater districts” focused on socializing and shopping. To do so, many shopping malls have, or are in the process of converting vacant stores on their premises into indoor entertainment destinations, with activities […]
Buyers set to struggle as U.S. housing inventory hits record low
February 13, 2020 by
Housing supply in markets across the country is in extremely short supply, so much so that home buyers may well find it difficult to find a suitable property this spring. Indeed, the country’s existing housing supply declined by its steepest year-over-year decrease for 4 years in January, falling by 13.6%, according to realtor.com. The supply […]
Millennials way behind baby boomers when it comes to homeownership
February 6, 2020 by
Millennials own far less real estate than their predecessors, and it means an entire generation could have lower lifetime wealth, experts say. Data from the Federal Reserve shows that when baby boomers reached their median buying age of 35 in 1990, they owned around one third of all U.S. homes, in terms of overall value. […]
Zillow reveals America’s most popular destinations for home buyers
February 4, 2020 by
Las Vegas is the most popular U.S. destination for non-local home shoppers, Minneapolitans don’t want to move out of the area – and hardly anybody else wants to move in – and Texans seem to mostly love living in Texas. These are just a few of the takeaways from a new Zillow analysis of search […]
