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Commercial real estate investors, lenders averse to buying – survey
Source: MPA Mag --- CBRE’s 2023 US Investor Intentions Survey released on Thursday reveals “subdued sentiment” among commercial real estate investors – with nearly 60% expected to purchase less real estate this year and just 15% planning to buy more. “Almost half of...
ChatGPT and Artificial Intelligence have proven to be ‘a super assistant’ for real estate market: Broker
Source: Yahoo! Finance --- FI Real Estate CEO and Broker Filippo Incorvaia joins Yahoo Finance Live to discuss how AI is helping real estate brokers and impacting the housing industry. Video Transcript BARBARA CORCORAN: It's not just agents in real estate. Everybody...
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3 Real Estate Tech Investments Other Industries Can Learn From
Source: Inc.com --- Real estate has been a constant economic factor since the time of the pyramids. But its venerable nature has also meant that it can be slow to adjust to the times. The pandemic created a unique push that vaulted the real estate industry into the...
Real Estate Giant Compass Is Facing an ‘Existential’ Cash Burn Problem
Source: Vice --- The real estate company once seemed poised to revolutionize the industry. Now, it looks more like the WeWork of residential real estate. Not too long ago, the real estate company Compass looked poised to dominate the industry for years to come. With a...
Housing Market Sees Troubling Sign as Mortgage Lenders Fail
Source: Housing Wire --- Some independent mortgage lenders feeling the brunt of increased lending rates are declaring bankruptcy and have already laid off hundreds of employees in certain instances, in what is being described as the worst shape the housing market has...
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