During the COVID-19 pandemic, mortgage rates fell to historic lows but rose to nearly 8% by 2023. The average 30-year fixed mortgage APR is now…
Rocket Companies has announced an all-stock acquisition of Redfin, valuing the online real estate platform at $1.75 billion. The deal aims to integrate home search…
xAI, founded by Elon Musk, has acquired a 1 million-square-foot property in Southwest Memphis to bolster its AI data center capabilities. This expansion complements its…
InvestNext, a leader in real estate investment management, has raised $15 million in a Series B funding round led by Beringea. The funds will enhance…
Brendan Wallace, co-founder of Fifth Wall Ventures, is addressing challenges in the proptech sector amid devastating wildfires in Los Angeles, impacting his community and personal…
The proptech sector is struggling, with U.S. real estate startup investments plummeting from $11.1 billion in 2021 to $3.7 billion last year. Startups like Divvy…
Moody’s Corporation is enhancing property risk evaluation through its acquisition of CAPE Analytics, integrating CAPE’s advanced geospatial AI technology with its Intelligent Risk Platform. Rob…