How Zillow became the most popular real estate app in the U.S.
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Zillow is the most widely used real estate app in the United States. The Seattle-based tech firm provides property price estimates and other data previously available only to Realtors in the MLS system. Today, many real estate Continue Reading
Zillow is facing lawsuits. Here’s how it disrupted real estate
With approximately 250 million unique monthly visitors, Zillow is the most widely used real estate portal in the United States. It’s among just a handful of online real estate platforms that transformed the way Americans buy, sell and rent homes. The company offers a free mobile and web app that Continue Reading
Tour Mark Wahlberg’s new $37 million mansion in Delray Beach, FL
Actor Mark Wahlberg spent $37 million on a fully-furnished mansion in Delray Beach, Florida last month. The home’s price sky-rocketed over the past five years more than doubling in value since 2020. Go inside the home and find out what fueled its extraordinary rise in value. Actor-entreprenuer Mark Wahlberg paid Continue Reading
Mark Wahlberg’s $37 million mansion skyrocketed in value. Here’s why
Actor-entrepreneur Mark Wahlberg paid $37 million for a fully furnished mansion in Delray Beach, Florida last month. The deal piqued interest and prompted coverage from TMZ to the Architectural Digest, with most of the focus on the celebrity buyer. But aside from the name recognition, the home’s skyrocketing price over Continue Reading
Fixing real estate sector critical factor China economic recovery CIO
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email George Maris of Principal Asset Management discusses the challenges in investing in China, and the need for more ‘targeted’ policy support to encourage domestic consumption.
Bezos- and Benioff-backed startup launches trading platform for shares of rental homes
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Arrived, which launched in 2021, is a platform for real estate investors to buy and sell shares of rental homes for as little as $100. Rather than investing in a public real estate investment trust, they can Continue Reading
Foreclosures rise in October, a sign of housing market distress
fstop123 | E+ | Getty Images Foreclosure filings climbed again in October, after sitting at historic lows in recent years, according to new data released Thursday. While the numbers are still small, the persistent rise in foreclosures may be a sign of cracks in the housing market. There were 36,766 Continue Reading
D.R. Horton taps Prophetic AI to build more homes
D.R. Horton signage stands in front of homes under construction at the Eastridge Woods development in Cottage Grove, Minnesota. Daniel Acker | Bloomberg | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for Continue Reading
John Hope Bryant and Flagstar Bank CEO on launch of new fund
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email John Hope Bryant, Bryant Group Ventures CEO and Operation Hope founder, chairman and CEO, and Joseph Otting, Flagstar Bank president, CEO and executive chairman, join ‘Squawk Box’ to discuss the launch of a new fund to help Continue Reading