New York-based Cherre, a startup that deploys artificial intelligence to pull real estate property data, has secured $9 million in a seed round, the company announced on Monday. Investment firm Navitas Capital led the round while Carthona Capital, Dreamit Ventures, iLookAbout and Red Swan Ventures were minority investors. New York Angels, Recursive Ventures, Sarona Ventures, Wharton […]
Home prices across the U.S. have been on a mostly upward trajectory since the bottom of the recession. The conventional wisdom is that a recovered, growing economy and a dearth of housing stock (and construction) is causing prices to rise. But another factor may be playing a big role: increasing demand and high-risk home purchase […]
Home trade-in startup Knock wants to tell you if the house you so desire is “Awesome” or “Awful.” Knock Deals, a new search tool rolled out last week, uses machine learning and predictive analytics to rank listings based on their value to the buyer and seller. By predicting the final sale price, likelihood of price changes […]
Realogy and Keller Williams just announced iBuyer programs. So how should real estate agents weather these industry changes? Find out here. Source: click here
The Softbank Vision Fund and the Qatar Investment Authority have broadened the definition of “long-term” when it comes to real estate investment. Source: click here
Baby boomer parents, now empty nesters, don’t need their large two-story home anymore — they want the same kind of home millennials want. Here’s what real estate pros should know about these two generations and the housing competition between them. Source: click here
It’s pink, it’s pretty and it’s designed specifically for you to take the perfect Instagram shot. The latter is, these days, an important requirement for some young renters and social media stars. That’s why a New York marketing firm opened a 2,400-square-foot space specifically tailored to Instagram stars, according to The New York Times. View […]
There’s a tectonic shift taking place in the ultra-luxury market that may leave many of today’s mega-mansions languishing on the market. In fact, the very amenities that many people have valued in the past, may make their property worth less, rather than more. Source: click here
Last call for tickets! Limited hotel rooms still available. This summer we’re looking at the state of the luxury agent & broker in today’s increasingly complex real estate market. In October, we’ll gather in Beverly Hills at Luxury Connect to share best practices, network, and create blueprint for the luxury agent/broker of tomorrow. Don’t miss it. Tracy McLaughlin, the […]
Does Redfin Estimate artificially inflate the value of certain homes, or is it just incredibly accurate and sensitive to changing market conditions? The founder of a low-fee brokerage attempted to get to the bottom of the valuation tool and found some startling results. Source: click here
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