Real Estate

By Caroline Giroux The Rise of Proptech Real estate is one of the largest asset classes in the world, comprising over $225 trillion; ~$50 trillion in the United States alone. Historically, the industry has been a slow adopter of technology due to its capital intensity and illiquidity, the longevity of assets, many different stakeholders, and
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Social media, television and especially YouTube can make DIY projects look incredibly easy, especially when it comes to bathroom renovations. Just demo, sand, prime and paint those old cabinets, change out the vanity, and re-tile. All you need is a weekend and an enthusiasm for sweat equity. But in reality, saving cash on a DIY
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Pandemic-related lockdowns and remote work made vacation destinations ultra-desirable as affluent buyers took advantage of low mortgage rates. But demand for vacation homes dropped sharply in February, with mortgage-rate locks for second homes reaching their lowest level since May 2020, according to a new report from Redfin, a technology-powered real estate brokerage. Demand was still
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In a four-story apartment building in Brooklyn, New York, a very small company is implementing a very big idea: Electrify every building in the United States by leasing landlords the necessary equipment to make the transition. BlocPower is a Brooklyn-based start-up that has “greened” more than 1,200 buildings in New York City and has similar
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