Tag Archives: News Brief

Digital yachts and $2.4M virtual plots: Power brokers to sell the metaverse

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Oren and Tal Alexander, two of Douglas Elliman’s top luxury agents, are extending their reach into the metaverse of virtual real estate. Continue reading →

More booster shots, testing and other measures coming in response to Omicron variant

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President Biden laid out a COVID-19 response plan Thursday that will push more people to get vaccinated and attempt to keep businesses open. Continue reading →

Curaytor buys Canadian data company Fourwalls

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Curaytor made the announcement in an exclusive statement to Inman, saying it will leverage Fourwalls data to augment its digital marketing products. Continue reading →

VHT acquires TourFactory, partners with parent Collabra

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VHT and TourFactory both provide photography services geared to the real estate industry. They believe the new deal will create the largest network of its kind in the U.S. Continue reading →

Lessen hits unicorn status with $170M Series B

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The new funding round of $170 million, for a total of $214 million raised, pushes Lessen into “unicorn” status, meaning its valuation has topped $1 billion. It’s the second industry player in November to earn the title. Continue reading →

Next year to be a ‘mixed bag’ for real estate: realtor.com report

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Recent inventory shortages may ease somewhat in 2022, but demand will probably still exceed supply and affordability will be challenging. Continue reading →

Zillow Offers’ demise ‘attributable to internal factors,’ report claims

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Zavvie has found that both iBuyers and power buyers are seeing explosive growth — suggesting Zillow’s recent moves don’t reflect weakness in the iBuying concept. Continue reading →

Home price hikes persisted in Q3 as September signaled growth decline

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Prices rose 4.2 percent in the third quarter of 2021 and were up 18.5 percent over the same time last year, according to the latest House Price Index by the Federal Housing Finance Agency. Continue reading →