Sidebar to January 2020 Profile: Altisource: Innovation Points Straight to Evolution When speaking with a team of individuals with access to as much data as the group from Altisource, it makes sense to cut to the heart of what every real estate investor is wondering with the start of the New Year: Where are we going in 2020? Fred Heigold III, senior data analyst at RentRange, and Travis Britsch, vice
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How working remotely is changing real estate A corner office isn’t what it once was. No office is. Technology has made it easier than ever for people to work remotely, handling their jobs from wherever they happen to be at any moment. That flexibility affects more than just how people schedule their lives and work assignments. It also has a large impact on real estate. Technology at Work The ways
Read MoreA startup out of Vero Beach, Florida, and Boulder, Colorado, called iBuyer.com is bringing customer education and choice to the iBuyer space. Using a proprietary automated valuation model that uses artificial intelligence, ensemble modeling and historical iBuyer transactional data, iBuyer.com can predict within seconds what an iBuyer is most likely to pay for a house. This eliminates the need to visit numerous sites and answer streams of duplicate questions to
Read MoreATTOM Data Solutions’ October 2019 U.S. Foreclosure Market Report shows a total of 55,197 U.S. properties with foreclosure filings—default notices, scheduled auctions or bank repossessions—in October 2019, up 13% from the previous month but down 17% from a year ago. Lenders repossessed 13,484 U.S. properties through completed foreclosures (REOs) in October 2019, up 14% from last month, hitting the highest point in total number of completed foreclosures in 2019. States
Read MoreATTOM Data Solutions’ third quarter 2019 U.S. Home Equity & Underwater Report shows that 14.4 million residential properties in the U.S. were considered equity rich, meaning that the combined estimated amount of loans secured by those properties was 50% or less of their estimated market value. Those equity-rich properties represented 26.7% of the 54 million mortgaged homes in the U.S. By contrast, the report shows that 3.5 million, or 6.5%,
Read MoreNES Financial has added a new, purpose-built fund administration service to its current lineup of EB-5, 1031 exchange, private equity and Opportunity Zone offerings. The DST Administration Solution leverages NES Financial’s eSTAC administration technology to provide maximum security, transparency and compliance to Section 1031 Delaware Statutory Trust (DST) managers and their clients.
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