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Real estate investors snagged more entry-level houses than ever: Redfin

Housing Wire

Real estate investors purchased 26.1% I get tons of emails every day from investors looking for properties, but of course, they only want homes that are under market value, which are hard to come by. of the lowest-priced homes for sale in the U.S. in the fourth quarter of last year, according to a report by Redfin.

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Revive launches AI-powered listing tool for real estate agents

Housing Wire

Revive has released a new tool named “Revive Vision AI” designed to assist real estate professionals in property valuation. This AI-driven tool uses computer vision technology to evaluate the current condition of a property and provide a detailed assessment of its current market value and potential value post-renovation.

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Seattle’s already-hot real estate market is exploding

Housing Wire

Most of those workers saw their net worth increase in the past year, and they chose to invest much of that new money into real estate. The number of days on the market before an offer is accepted is usually six days, and everyone knows it’s going to sell above market value.”

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Joint ventures between title firms and real estate companies are under the microscope

Housing Wire

In 1983 Jim Campbell launched what is believed to be the first joint venture experiment between a real estate brokerage and a title and settlement firm. Campbell is now something of a JV guru, having completed over 80 joint ventures with real estate or lending firms. Image was created using MidJourney.

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Opinion: Pass the Neighborhood Homes Investment Act

Housing Wire

The Neighborhood Homes Investment Act (Neighborhood Homes) would begin addressing these challenges by developing or renovating 125,000 affordable homes in economically distressed communities. Over time, this approach will help stabilize real estate markets previously dominated by distressed sales.

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How to get listings in real estate: 11 proven strategies for 2024

Housing Wire

Listings are the life-blood of all successful real estate businesses, but making the leap from working primarily with buyers to working with sellers can be a challenge for many agents early in their careers. Don’t: Talk about real estate in every conversation. When you buy through our links, we may earn a commission.

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Savvy real estate agents look beyond ChatGPT

Housing Wire

Too many real estate agents are watching artificial intelligence (AI) from the sidelines, assuming technology will never replace them. They repeat the mantra “Home buyers and sellers will always need a real estate agent.” So how can real estate agents be so cavalier about their job? trillion to $7.9