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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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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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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

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How Biden’s Neighborhood Homes proposal impacts real estate investors

Housing Wire

Auction.com buyer and real estate investor Sue McCormick is ahead of the curve when it comes to President Joe Biden’s plan to revitalize underserved neighborhoods while also providing affordable housing for low- and moderate-income homebuyers. “My Local Investment at a Larger Scale. Identifying Underserved Neighborhoods.

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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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9 tips for homebuyers in non-disclosure states

Housing Wire

For many, buying a home is a complex process, and navigating the real estate market’s rules and regulations can be tricky, especially in states where property sale prices remain a secret. Work with a real estate professional with MLS access In non-disclosure states, the role of real estate agents becomes even more crucial.