real estate

Scarce Housing Inventory Adds to Millennials Already Low Homeownership Expectations
Scarce Housing Inventory Adds to Millennials Already Low Homeownership Expectations
May 26, 2023  |  Economy

Lately, it seems that just when things started to look more promising for those seeking to purchase a home, a new set of discouraging numbers gets...

READ MORE >
Report: Richmond Fed President Says US Sees ‘Demand Slowdown’
Report: Richmond Fed President Says US Sees ‘Demand Slowdown’
May 25, 2023  |  Economy

Federal Reserve Bank of Richmond President Tom Barkin reportedly said there is a “demand slowdown.” At the same time, Barkin declined to say the country is nearing a recession,...

READ MORE >
Obie Raises $26 Million for Real Estate-Focused Embedded Insurance Solutions
Obie Raises $26 Million for Real Estate-Focused Embedded Insurance Solutions
May 17, 2023  |  Insurance

Obie has raised $26 million in Series B funding to expand its embedded insurance offering for real estate investors. The firm will use the new funding...

READ MORE >
Instant Payments to Put an End to Cashier’s Checks at Real Estate Settlements
Instant Payments to Put an End to Cashier’s Checks at Real Estate Settlements
May 16, 2023  |  Real-Time Payments

Real estate, put simply, often involves the largest transaction that any of us as individuals ever tackle. Cheryl Gurz, vice president of product management for The...

READ MORE >
Rental Platform Avenue One Reaches $1 Billion Valuation
Rental Platform Avenue One Reaches $1 Billion Valuation
May 15, 2023  |  Real Estate

Property technology company Avenue One has reportedly achieved unicorn status after raising $100 million. The funding values Avenue One at $1 billion, Bloomberg News reported...

READ MORE >
9 in 10 Real Estate Firms Bet Big on Real-Time Payments
9 in 10 Real Estate Firms Bet Big on Real-Time Payments
May 12, 2023  |  Real-Time Payments

Real estate firms have historically run on paper — but that may be about to change. Real estate firms are weighing the benefits of adopting...

READ MORE >
EMTransfer Enables Real-Time Payments for Real Estate Transactions
EMTransfer Enables Real-Time Payments for Real Estate Transactions
May 09, 2023  |  Real-Time Payments

EMTransfer now enables real-time payments for real estate transactions over the RTP network. Delivered over The Clearing House’s RTP network through KeyBank’s application programming interfaces...

READ MORE >
Banks Unlikely to Loosen Credit Until 2024
Banks Unlikely to Loosen Credit Until 2024
May 08, 2023  |  Loans

Banks expect to continue tightening lending standards across all loan categories through the rest of 2023. That projection comes after a quarter in which banks...

READ MORE >
Potential Homebuyers May Be Chasing Dreams Longer as Market Reheats
Potential Homebuyers May Be Chasing Dreams Longer as Market Reheats
May 01, 2023  |  Real Estate

Homebuying is effectively impossible. That’s according to data from PYMNTS’ February “Consumer Inflation Sentiment Report,” which is backed up by the February S&P CoreLogic Case-Shiller...

READ MORE >