February might well prove to be a month we look back on with nostalgia at economic data, where employment was strong, consumer sentiment was relatively high … … and home sales peaked, right into a transformation toward an online platform model. As the data reported...
As it joins the bevy of firms aiming to change the home rentals market, the artificial intelligence (AI)-powered long-term room rental app Badi has rolled out in New York City. A host of other apps like Spareroom, Roomster and Roomi are also aiming to help consumers...
This is the year that customer experience surpasses brand and price as the most important factor in retail, according to several studies, including one that says 86 percent of consumers will pay a premium for it. If this is the year of customer experience, then...
With its Zestimate that taps into algorithms to judge the current price of a house, Zillow has had a reputation for being the place to visit when consumers want to purchase a home. The firm changed up the model in 2018 by announcing Zillow Offers...
Homebuilders in America received so many orders for houses last month that the market experienced a January surge it hasn’t seen in years, according to a report by Bloomberg. Home sales surged 34 percent in January, reaching the highest point for January since 2012, according...
To prevent so-called “party house” violence, Airbnb has begun restricting some bookings in Canada from renters under the age of 25. The move comes after several bookings off the popular rental service have ended in violence; the most recent incident was last week in Toronto...
Real estate has nearly always been based on direct (often multiple) interactions between buyers and sellers, though the industry continues to adapt well to the digital space, as PYMNTS recently noted. However, real estate startup Homie is successfully subverting the traditional paradigm with a tweaked...
Location, location, location: It’s the mantra of real estate. And in the digital age, the ideal location for, well, finding the ideal location has become an online platform. Zillow springs to mind, of course, along with others. The idea is that home buying, traditionally rooted in face-to-face interactions...
No longer charging into market spaces (no matter the cost), many real estate startups are now slowing their growth to more carefully assess a better strategy moving forward. WeWork significantly altered course after losing money, shedding employees because it grew too fast and concerned shareholders....
