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Clear Capital’s Kenon Chen on appraisal modernization

Housing Wire

Editor in Chief Sarah Wheeler sat down with Kenon Chen, executive vice president of strategy and growth at Clear Capital , to talk about appraisal modernization and how technology is just part of the solution. But all of that takes years of investment to create something that is really battle tested and can have proven results.

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Tech firm Polly bulks up to help modernize mortgage industry

Housing Wire

Polly, a software-as-service mortgage-technology firm that operates a loan-trading platform , has raised $37 million through a new funding round, its third since launching in 2019 — bringing the total raised from investors to $57 million. The post Tech firm Polly bulks up to help modernize mortgage industry appeared first on HousingWire.

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Modern House Flipping Software: 8 Innovative Tools You Need

Listing Spark

House flipping isn’t just an opportunity for big real estate companies or home improvement television channels—it’s becoming a reliable source of income for Americans running a solo business or small real estate investment venture. This trend changes the landscape for real estate investors and house flippers.

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New HUD rule aims to increase lender participation in tribal housing program

Housing Wire

“[This] announcement emphasizes the Biden-Harris administration ’s dedication to strengthening the Nation-to-Nation relationship with Tribes and making key investments in Indian Country.” The Section 184 program is a vital tool for so many Native American homebuyers,” Adams said. “The

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How AI and a changing rental market will shape property management in 2024

Housing Wire

The first is the ongoing impact of artificial intelligence (AI) tools, which if deployed effectively provide an opportunity for property managers to increase operational efficiency and unlock business intelligence. The rental real estate space is built on human relationships between owners, investors, vendors and residents.

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Investment Success: The Role of Brokerages for Savvy Investors

Listing Spark

Strategic property investors look at both the liabilities and assets columns when they’re assessing their business processes. However, many real estate investors focus on the property price above all else, including the initial purchase price, cost of repairs, and final sales price.

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Smart Tools for Success: Top Apps for Real Estate Investors

Listing Spark

In the first quarter of 2023 alone, real estate investors flipped 72,960 homes. In the real estate investment market overall, activity remains high and profitable—even reaching measurably above pre-pandemic levels. For both new and experienced real estate investors, this bodes well for the 2024 market.