Digital innovation is only as good as the customers it serves. Look at Amazon. Look at Netflix. But those are the most valuable players in the relatively short lifespan of the innovation storm that surrounded the advent of the internet and then the opening of...
The Financial Stability Oversight Committee (FSOC) is encouraging state and federal regulators and Congress to do more to enhance the resilience of nonbank mortgage companies (NMCs). The agency did so in a report released Friday (May 10) that also identifies risks in this sector, the FSOC said in a press...
Beyond the financial cost, purchasing a home can be an extremely complex and time-consuming process. From researching listings to seeking financing and appraisals, buyers find themselves juggling and coordinating multiple different tasks before closing a deal. However, the advent of digital tools and platforms has...
Qira has added security deposit payment plans to its financial services platform for renters and property managers. With this new offering, property managers can let their renters choose between using a zero-deposit program for a fee, paying the full security deposit as a lump sum...
Despite the proliferation of digital innovations transforming various sectors, the real estate market has remained largely reliant on traditional payment methods, with cash transactions dominating the landscape. Recent data from ATTOM, a curator of real estate and property data, shows that in 2023, an average...
Built has expanded its construction and real estate finance platform to meet the needs of real estate owners and developers. The platform now helps these professionals manage budgets, streamline invoicing and compliance, move money and make decisions, Built said in a Monday (March 11) press release. “One...
JP Morgan Chase CEO Jamie Dimon said Monday (Feb. 26) that most owners of commercial real estate will be able to “muddle through” the current economic environment. Those owners will be able to refinance and put more equity in, if there is not a recession, Dimon told CNBC...
In the real estate business, how a property looks has a big impact on how potential buyers make a decision. With so much at stake, real estate professionals have turned to AI in the buying, selling, planning and visualization of real estate. “I wouldn’t disagree...
Zillow is expanding its “housing super app” to more markets after seeing how well it has been received. The company is also continuing to add functionality to the app for both the real estate sales and rentals markets, Zillow said in a presentation released Tuesday (Feb. 13) in...
