2000s United States housing market correction

Alarm.com Partners With New Home Co. to Launch Updated Smart Home Program

Retrieved on: 
Thursday, June 29, 2023

Alarm.com has partnered with California-based builder New Home Co. to power a suite of innovative smart home technology services for new homeowners as part of the launch of the updated smart home program called EVO.

Key Points: 
  • Alarm.com has partnered with California-based builder New Home Co. to power a suite of innovative smart home technology services for new homeowners as part of the launch of the updated smart home program called EVO.
  • New Home Co. buyers will receive an EVO base system that includes a 7” touchscreen smart home panel, Alarm.com video doorbell, smart thermostat, smart garage opener, smart ready switches, and more, all accessible through a single app.
  • The collaboration was driven by Alarm.com’s Builder Program, an award-winning initiative that facilitates new partnerships between builders and Alarm.com service providers, who will play an integral role throughout.
  • “We are excited to partner with New Home Co. as the power behind their suite of innovative services to offer new homeowners the best in smart home technology.

Redfin Reports Spring Homebuying Season Kicks Off With Steady Demand, But Lack of Listings Holds Back Sales

Retrieved on: 
Friday, March 24, 2023

“We’re not seeing the typical spring seasonal increase in business,” said Boise Redfin agent Shauna Pendleton.

Key Points: 
  • “We’re not seeing the typical spring seasonal increase in business,” said Boise Redfin agent Shauna Pendleton.
  • If rates end the week high, buyers disappear.”
    This week, demand ticked up as declining mortgage rates brought buyers some relief.
  • But prospective buyers are struggling with tight supply, as sellers are typically slower to return than buyers.
  • On average, 4.8% of homes for sale each week had a price drop, up from 2.1% a year earlier.