How computer vision is changing property valuation
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Clear Capital’s Kenon Chen discusses how computer vision is shaping its approach to property valuation.
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Fintech News Stories
Four business models riding the silver tsunami
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Alex Lazarow highlights the critical need for a well-structured transition plan to navigate the impending "silver tsunami." He also explores four key business models poised to address this demographic shift.
Read MoreBuilding compliance into strategic assets with Visual Lease
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According to Robert Michlewicz, CEO of Visual Lease, proprietary survey data suggests 99% of senior finance and accounting professionals at sampled private companies fear misreporting company lease information.
Read MoreMortgage operations in volatile times with Brace
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To Jose Morin, VP of Servicing at Brace, the company’s solutions are designed to build and sustain generational wealth, including through more volatile times.
Read MoreCompliance as a branding strategy with Hometap
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Since its product is a nascent investment form whose alternative—in the form of debt and loans—has a considerable advantage in its size, age, and recognition, Hometap sees an especial need to be transparent and compliant, often going above federal requirements to establish homeowner trust.
Read MoreThree factors shaping home sales
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From interest rates to home construction strategies, the future of home sales is yet to be fully formed. Find out how startups like Arrived Homes and Cover are looking to change that.
Read MoreBlockchain-driven real estate with Tykes
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According to Amr Samaha, Tykes’s Co-Founder and COO, the founding team approaches Tykes as a way to fill a real estate knowledge gap in the market. Individuals and institutions alike—namely proptech giants like Zillow—have a hard time breaking into property investment and management, in part because of strategic information-based shortcomings.
Read MoreHurricane Ian and the future of property insurance
/Rampant roofing scams have caused a property-insurance crisis in Florida. The industry’s net losses in the state were more than $1B in 2021.
Read MoreA Bezos-backed proptech is on a shopping spree
/Arrived Homes, a real-estate investment platform that lets users buy shares in rental properties, estimates that it will double its presence in the top 100 fastest-growing cities in the US by the end of the year. The proptech has secured investments from Jeff Bezos’s Bezos Ventures, Marc Benioff’s Time Ventures, as well as the former CEOs of Zillow and Uber.
Read MoreWhat an uptick in home rentals means for proptechs
/A growing proportion of homeowners are pulling their for-sale homes from the market to rent them instead. The number of delisted homes that never went under contract increased by 58% over the past year.
Read MoreWith supply-chain struggles, nearshoring demand booms
/Corporate bankers have reported greater interest among business clients to move their supply chains closer to where their consumers are located. Clients are interested in both “onshoring,” which involves returning previously offshored activities to the business’ home country, as well as “near-shoring,” which moves those activities to nearby countries.
Read MoreIs Andreessen Horowitz becoming the next SoftBank?
/Venture-capital firm Andreessen Horowitz announced that it’s invested $350M in Flow, a rental-community startup. Flow is the latest venture by Adam Neumann, who previously founded and led WeWork.
Read MoreThe mortgage layoffs are here.
/Firms of all sizes in the mortgage space have announced major layoffs since the Fed increased interest rates to fight inflation. Analysts predict a 35% to 50% decrease in mortgage origination in 2022.
Read MoreRevolutionizing the floor plan with CubiCasa
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In an interview with The Financial Revolutionist, CubiCasa President Jeff Allen outlines CubiCasa’s growth strategy, announces the company’s latest pricing features, and shares his vision for the future of floor plans.
Read MoreZillow faces another lawsuit for botched house-flipping business
/Last week, investors in Zillow filed a lawsuit against the Seattle-based proptech giant on the grounds that it made “false and misleading statements” about Zillow Offers, its house-flipping project. This is the sixth investor lawsuit filed since Zillow shuttered the unprofitable initiative.
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