As the 4th most populous city within the United States, Houston, the “Bayou City” has been a hot relocation destination for individuals and families across the country. With many larger corporations relocating headquarters to take advantage of the pro-business regulations in place throughout Texas, individuals from states like California, New York, and Louisiana continue to… Continue reading Home Price Appreciation Soars and Inventory Tumbles in Houston
COVID-19 has already had a dramatic effect on the real estate market. In barely more than a month, the crisis has halted what was shaping up to be one of the most active spring sales seasons in history. These past weeks, we’ve seen home showings come down 18% relative to last year, weekly volume of… Continue reading How Will COVID-19 Affect Home Prices and Affordability?
In 2008 funding for “Property Tech”, or what’s more commonly referred to as prop-tech, accounted for a mere 20 million dollars. In 2018, 10 years after the financial crisis, that number has grown to $4 billion. The result of this boost in financing? A new wave of companies deploying innovative business models and new technologies… Continue reading How Divvy Fits into the Emerging Property Tech Industry
The real estate technology industry has experienced two strong "waves" of innovation over the past decade. Each wave encompassed approximately 5 years of development, and we are currently in the middle of an exciting third wave of progress. Wave 1 brought what we like to call "power to the buyer." Wave 2 built upon that… Continue reading Real Estate 3.0: How a Decade of Technology Has Empowered Consumers