Smart home construction is now a dominant trend in the real estate market. What looked like a fad a few decades back is now a major feature in new home builds and renovations. By 2022, the global smart home market will reach $53 billion. If you want to invest in a new smart home or […]
Study shows AI could boost minority homeownership rates
January 5, 2020 by
Artificial intelligence software might have a practical application in reducing discrimination against some minority groups when it comes to applying for a mortgage online. That’s according to a new study by the National Bureau of Economic Research, which is calling on banks to embrace AI as a way of ending bias in home loan decisions. […]
How to Create Smart Home Security System
December 30, 2019 by
The smart home is gaining more and more popularity among people. However, it has one drawback – a rather high cost, which not everyone can afford. That is why many people prefer to configure the system on their own using special programs. Designed specifically for the smart dwelling, they are not so easy to set […]
Sahel Majali Explains How VR Technology Is Used in Construction
December 17, 2019 by
More and more of the world’s leading construction companies are catching on to the potential of VR technology. In this article, we explore its applications in a construction context, and how VR can reduce costs, promote collaborative cohesion, and make building projects faster and safer. What Is VR? VR is a simulated experience that provides […]
Smart Home Hubs: Making Your Smart Home Dream a Reality
December 9, 2019 by
Smart homes are now a ubiquitous feature in the real estate market. Global estimates for the smart home market by 2022 stands at $53 billion. In North America, more homeowners spend heavily on smart home improvements with spending expected to reach billion by 2022. Smart homes are hot property as home buyers consider benefits of […]
5 Real Estate Technology Trends to Watch in 2020
December 2, 2019 by
The global real estate market has grown tremendously over the last decade. According to a PWC industry survey, the global stock of the market grew by 55% from 2012 when it was US$29.0 trillion to US$45.3 trillion in 2020. This growth is in the backdrop- of innovative technology in the real estate industry. Investment in […]
In the Midst of the Smart Home Craze, Don’t Forget the Basics
November 26, 2019 by
Smart homes are all the rage these days. Buyers of all ages are looking for smart home technologies that make their properties more efficient, more comfortable, and safer. Even landlords are turning to technology to make their properties more attractive to the kind of tenants they hope to rent to. But is all of this […]
Opendoor moves into Los Angeles, will now spend up to $800K on a home
November 18, 2019 by
Leading iBuying company Opendoor says it’s expanding into Los Angeles for the first time with a new maximum offer of up to $800,000 for homes situated in the city. Previously, the most Opendoor would offer for a home was up to $600,000. The move comes at a time when iBuying firms are increasingly boosting their […]
Solar power savings vary greatly according to where you live
November 12, 2019 by
Homeowners with solar panels installed in their homes save an average of $1,075 annually, amounting to around 67% of their electricity bills, a new study by home energy firm Sense has found. That’s a tidy amount, but homeowners’ savings can vary wildly depending on which part of the U.S. they live in. For example, areas […]
iBuyers: What Agents Need to Know and How They Can Compete with Them
November 6, 2019 by
iBuyers are emerging in cities across the nation. As the trend grows, so does the concern among real estate agents worried that iBuyers will reduce the need for agents. An iBuyer is a company that uses technology to make sellers an offer on their home instantly. Their goal is to purchase a property quickly and […]
