Realtor.com

Kiavi Launches Construction Financing for Real Estate Investors

Retrieved on: 
Monday, April 8, 2024

SAN FRANCISCO, April 8, 2024 /PRNewswire/ -- Kiavi, a leading provider of capital to residential real estate investors, announced the launch of its construction financing product. This new product leverages Kiavi's technology platform and data advantage to offer competitively priced, transparent, and reliable capital to real estate developers looking to rebuild outdated houses or build new homes on vacant lots. Through this new offering, local developers will be able to leverage Kiavi's capital to execute their visions, and the communities they serve can be revitalized and enhanced by the creation of new, modern housing units.

Key Points: 
  • New loan product with fast, transparent, and customized terms to help real estate investors scale their businesses while combating the nation's housing crisis
    SAN FRANCISCO, April 8, 2024 /PRNewswire/ -- Kiavi , a leading provider of capital to residential real estate investors, announced the launch of its construction financing product .
  • Through Kiavi's construction loans, real estate developers can access capital to help close this gap by creating new housing stock with either build-to-sell or build-to-rent strategies.
  • Kiavi is one of the top lenders to real estate investors in the United States.
  • The company's technology platform, data-driven approach, and leading capital execution allow Kiavi to provide real estate investors with a fast, transparent online experience, competitive pricing, and reliable capital to scale their businesses.

Homes.com Residential Network Reaches All-Time High of 149 Million+ Unique Monthly Visitors in February 2024

Retrieved on: 
Thursday, March 14, 2024

The Homes.com Residential Network reached more than 149 million unique visitors in February, cementing Homes.com’s position as the second-most trafficked homebuying portal.

Key Points: 
  • The Homes.com Residential Network reached more than 149 million unique visitors in February, cementing Homes.com’s position as the second-most trafficked homebuying portal.
  • The February traffic figures more than double Realtor’s 66 million average unique monthly visitors and triple Redfin’s 44 million average unique monthly visitors.
  • * Based on unique visits in February 2024 to the Homes.com Residential Network (which includes the Homes Network and the Apartments Network) and the Land Network, according to Google Analytics.
  • ** Based on a comparison of year-over-year changes in unique monthly users for Homes.com comparing February 2024 to February 2023, as measured by Google Analytics.

It's Almost Here - The Best Time to Sell is April 14-20, Realtor.com® Finds

Retrieved on: 
Thursday, March 21, 2024

SANTA CLARA, Calif., March 21, 2024 /PRNewswire/ -- Those looking to sell their home this year should start to get ready now, as the best week to sell a home is April 14-20, 2024, according to a new analysis from Realtor.com®. Nationwide, sellers listing during that week are likely to see the best conditions for listing prices, buyer demand and sales pace, as well as lower chances of price reductions and competition from other sellers. A recent survey from Realtor.com® found that the majority (53%) of home sellers took one month or less to get their home ready to list, so the time to start prepping is now.

Key Points: 
  • Why is April 14-20 the best time to sell in 2024?
  • Faster market pace – Thanks to above-average demand, homes tend to sell more quickly during this week.
  • ), and were then averaged together across metrics to determine a Best Time to List score for each week.
  • Rankings for each week were based on these Best Time to List scores.

Never Misunderstand The Customer: Cordial's AI Strategy Delivers Greater Brand Impact

Retrieved on: 
Monday, March 18, 2024

SAN DIEGO, March 18, 2024 /PRNewswire/ -- Cordial, the leading marketing platform that automates billions of data-driven emails, SMS and mobile app messages for companies like Tillys, Realtor.com and REVOLVE, has released its roadmap for leveraging AI to drive a deeper understanding for brands. Grounded in the latest tools and advancements, this approach will translate into sustainable revenue growth and long-lasting customer relationships for leading retailers and companies.

Key Points: 
  • Harnessed effectively, AI is more than a suite of tools — it powers human understanding at scale."
  • Marketing is rooted in data: accurate, actionable data about the customer, the business and the context of every conversation they share.
  • If data is the foundation for radical customer understanding, AI is the fuel to drive marketing results.
  • "Cordial is treating AI the right way by understanding the most relevant use cases and incorporating them directly into their platform.

Americans Hold on to the Dream of Homeownership

Retrieved on: 
Wednesday, February 21, 2024

Lower Interest Rates Are the Key for Hopeful HomebuyersBuying a home is still desired and sought after, but many people are looking for mortgage rates to come down in order to achieve it. Four out of 10 Americans looking to buy a home in the next 12 months would consider it possible if rates drop below 6%. Specifically, 18% of hopeful homebuyers say buying is feasible if the mortgage rate drops below 7%--a threshold surpassed in late 2023; an additional 22% of shoppers say they can buy if the rate drops below 6%; 32%, would enter the market if rates drop below 5%; another 18% are looking for mortgage rates below 4% and the last 9% of survey respondents aren't sure what rate would make it possible for them.

Key Points: 
  • According to a recent Realtor.com® survey , a majority of Americans think the dream is still achievable, though for many prospective buyers, it hinges on an interest rate drop to less than 6%.
  • "The current market is very different from where it was before the pandemic, but many Americans still have a positive outlook towards achieving the dream of buying a home," said Danielle Hale, Chief Economist, Realtor.com®.
  • Four out of 10 Americans looking to buy a home in the next 12 months would consider it possible if rates drop below 6%.
  • "Over the last year the real estate market has made it feel less than possible for Americans to achieve the dream of owning a home," said Mickey Neuberger, CMO, Realtor.com®.

Guaranteed Rate selects Evocalize to power sophisticated, local digital marketing for Loan Officers to generate new customers and attract referral partners

Retrieved on: 
Wednesday, February 14, 2024

Guaranteed Rate is working with Evocalize to improve the way mortgage loan officers generate leads and get in front of referral partners.

Key Points: 
  • Guaranteed Rate is working with Evocalize to improve the way mortgage loan officers generate leads and get in front of referral partners.
  • The platform will enable local, digital paid marketing to automatically launch targeted programs where buyers and referral partners spend time online, on Google, Facebook, Instagram, TikTok, Gmail and YouTube all at once.
  • "This partnership presents a significant benefit for both Guaranteed Rate and our loan officers," said Guaranteed Rate Chief Marketing Officer, Andrew Pohlmann.
  • To see how Evocalize automates local digital marketing for 1,500,000+ loan officers, real estate agents and local operators to drive real business results, check out our interactive demo at evocalize.com .

Evocalize wins coveted HousingWire Tech100 awards in Real Estate and Mortgage categories

Retrieved on: 
Tuesday, February 6, 2024

The Tech100 award offers a detailed compilation of companies for housing professionals, serving as a valuable resource to find partners and solutions addressing the daily challenges encountered by mortgage lenders and real estate experts.

Key Points: 
  • The Tech100 award offers a detailed compilation of companies for housing professionals, serving as a valuable resource to find partners and solutions addressing the daily challenges encountered by mortgage lenders and real estate experts.
  • "One of the most exciting parts of my role at HousingWire is having a front row seat to witness stunning innovation in mortgage and real estate," said Clayton Collins, CEO of HW Media.
  • This year also marks the second year Evocalize has received the Tech100 award in the Mortgage industry.
  • "We're honored to have been selected by HousingWire to receive these two awards for another year," says Matthew Marx, CEO of Evocalize.

Homes.com Ranked Among Top 50 U.S. Domains In Organic Visibility Improvement in 2023

Retrieved on: 
Friday, February 2, 2024

Each year, the IndexWatch ranking uses the SISTRIX Visibility Index to measure U.S. domains with the strongest organic visibility growth and declines on Google.com.

Key Points: 
  • Each year, the IndexWatch ranking uses the SISTRIX Visibility Index to measure U.S. domains with the strongest organic visibility growth and declines on Google.com.
  • SITRIX measures rankings of over 100 million domains for 100 million keywords on Google, with Homes.com’s ranking being earned specifically from Google’s U.S. Index.
  • Homes.com’s spot on this list is a testament to the banner year it had in 2023.
  • For more information about SISTRIX’s IndexWatch 2023, including the full ranking list, please visit here .

Realtor.com® January Housing Report: January 2024 Marks the Third Consecutive Month of Annual Inventory Growth

Retrieved on: 
Thursday, February 1, 2024

SANTA CLARA, Calif., Feb. 1, 2024 /PRNewswire/ -- Sellers became more eager this January as new data indicated they're getting ready to sell, if not already there. The number of homes actively for sale was notably higher compared to last year, growing by 7.9%, according to the Realtor.com® January Housing Report released today. With the rise in inventory, median listing prices remained relatively stable, experiencing a growth of 1.4% compared to the same time last year, while time spent on market dropped to more than two weeks shorter than pre-pandemic levels.

Key Points: 
  • On the flip side, there were places that also saw declines in new listings including Chicago (-16.4%), New Orleans (-14.7%), and Philadelphia (-12.9%).
  • Compared to January 2023, the typical home spent four less days on the market.
  • Other areas saw an increase in time on market including Indianapolis (+6 days), New Orleans (+4 days), and Birmingham, Ala. (+3 days).
  • Additional details and full analysis of the market inventory levels, price fluctuations and stabilization, as well as days on market tallies can be found in the Realtor.com ® January Monthly Housing Report .

CoStar Group Founder and CEO Andy Florance Named Inman 2024 Power Player

Retrieved on: 
Monday, January 22, 2024

Andy Florance, Founder and Chief Executive Officer of CoStar Group (NASDAQ: CGSP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, today was honored as one of Inman’s 2024 Power Players.

Key Points: 
  • Andy Florance, Founder and Chief Executive Officer of CoStar Group (NASDAQ: CGSP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, today was honored as one of Inman’s 2024 Power Players.
  • Inman’s 2024 Power Players include executives and founders as well as innovators and visionaries, highlighting figures playing a key role in shaping the future of the residential industry.
  • This recognition comes as part of CoStar Group’s continued growth and investment in the company’s residential real estate portals, Homes.com and Apartments.com.
  • “It is an honor to be recognized on Inman’s Power Players list again this year,” said Andy Florance.