Tag Archives: News Brief

NAR affordability index dips for third straight month

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The National Association of Realtors affordability index dipped for the third straight month in May, meaning the typical family had less estimated income to afford a home at the national median price, according to data released Friday. Continue reading →

Matterport to acquire AI-driven imaging company Arraiy

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Arraiy, which uses machine learning to blend virtual and real environments, will see its engineering team and technology integrated with Matterport. Continue reading →

Redefy teams up on referrals with Home Captain

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The flat-fee brokerage will now connect unrepresented buyers to agents in Home Captain’s network of 32,000 real estate pros. Continue reading →

iBuyer startup wants to give Realtors a cut of investment properties

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To raise the last half needed to close on a $6.5 million multifamily condo, Commersh is now offering Realtors a unique incentive to bring in co-investors: a 2 percent cut of any investment money that one of their investor clients puts into the project…. Continue reading →

Real Estate Webmasters strikes deal to take over Lone Wolf’s web business

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In a deal that could shake up business for thousands of real estate professionals, Real Estate Webmasters has struck an agreement to take over agent- and broker-facing internet services for transaction management firm Lone Wolf. Continue reading →