As Washington cities undergo significant upzoning this year, timing of the firm’s partnership with the AI platform that can predict what sellers might enter the market soon and identify areas ripe for redevelopment couldn’t be better.
Category: AI
Tomo Mortgage secures $20M in Series B funding round
Tomo Mortgage, an AI-powered digital mortgage lender, has secured $20 million in a Series B funding round, bringing its total investment to $130 million, company executives announced Tuesday.
Zumper’s Reelz automates short-form social media marketing
Short-form video is perhaps social media’s most powerful message driver, and now Zumper is making it easy for residential property managers and leasing agents to leverage it.
7 real estate strategies that died in 2024 (but agents keep doing them)
Now is a great time to take a hard look at your daily activities, and see if there may be adjustments you can make that will lead to more success, Jimmy Burgess writes.
Wells Fargo is about to emerge from the regulatory woods
Once the nation’s largest home lender, Wells Fargo could be poised for a comeback in the mortgage business this year as it continues to make progress in addressing regulators’ concerns about its past practices.
Zillow, not CoStar, is Realtor.com’s biggest competitor, Eales insists
As the rivalry with CoStar Group simmers, Realtor.com CEO Damian Eales is focused on housing policy and bridging gaps between the industry and consumers, he told a crowd Thursday at ICNY.
6-year Restb.ai study: white kitchens, islands dominate
In its latest study of homes for sale analyzing six years of kitchen pictures, AI company Restb.ai learned that white kitchens with islands are the market’s most sought-after, among other regional findings.
In 2024, VCs focused on ‘quality over quantity’: CRETI
In total, real estate technology entrepreneurs landed $15.1 billion in funds for their ideas on how to improve the industry, according to CRETI’s 2024 Proptech Venture Capital Analysis.
Flyhomes’ NeighborVote reveals neighborhood political leanings
NeighborVote combines precinct-level voting data aggregated by the MIT Election Data & Science Lab with Flyhomes AI, allowing users to ask questions, such as “Is this home in a red or blue neighborhood?” or view political insights directly on a home’s listing page, according to the report.
Profits roll in at Mr. Cooper as it pursues tech-fueled growth
Deal to acquire Flagstar’s mortgage servicing business and correspondent lending platform is projected to grow Mr. Cooper’s servicing portfolio to $1.59 trillion.