Nightly rate compression is no longer a temporary correction in the short-term rental market; it’s a structural condition. Competition has intensified, supply has caught up with demand in many markets, and pricing tools alone cannot restore the margins operators enjoyed four or five years ago. The operators pulling ahead now aren’t necessarily the ones with ...
Home values have climbed steadily in most U.S. markets, but transaction volume remains well below the peaks of 2020 and early 2021. That gap matters more than it might seem: brokerages earn money on deals closing, not on values rising, and when fewer transactions clear, revenue falls even as the cost of running a brokerage ...
Inventory remains tight across much of New York’s Capital Region and surrounding counties. Still, the frantic pace that defined 2020 and 2021 has given way to something more measured, according to Heather Etzel, a Licensed Real Estate Salesperson with Four Seasons Sotheby’s International Realty. Buyers are no longer waiving inspections or bidding blindly against themselves. ...
In almost every industry where technology takes hold, prices eventually fall. Streaming made music cheaper. Digital distribution made books cheaper. Software automation made banking cheaper. But in construction, AI is breaking the pattern – and the people paying for new buildings are the ones left out. The efficiency gains from AI in construction are flowing ...
Construction technology has attracted billions in venture capital on the promise that software and automation would bring costs down. But for owners and developers – the people actually funding projects – costs have continued to climb year over year, even as contractors and subcontractors report real efficiency gains from AI adoption. The gains are real; ...
High-end apartment buildings in Nashville, Austin, and Dallas are struggling to fill units. At the same time, renters in those cities report spending a larger share of their income on housing than ever before. The disconnect is not a paradox. It reflects what got built during the last development cycle and who can afford it. ...
A low monthly HOA fee looks like savings. In practice, it often signals deferred maintenance. A large, unavoidable bill is heading toward the owners. Thomas Beattie is Co-Founder and CEO of Eli Report, an AI-powered condo and HOA document review platform based in Vancouver, Canada. Over more than six years, his team has reviewed the ...
Insurance companies already know what’s wrong with a house before a buyer makes an offer. They know the roof age, the flood exposure, the permit history. Buyers typically don’t have access to that same information until after closing, or never at all. That gap between what insurers know and what buyers see is not a ...
Automated valuation tools pull comparable sales data from nearby properties and produce confident estimates of what a house is worth. But in metros where housing stock spans more than a century, those estimates often fail to account for physical condition, structural age, and zoning designations that only a human can identify. According to one agency ...
In hurricane-prone parts of the US, the case for 3D-printed housing rests less on speed or novelty than on what the walls are made of. Concrete homes printed by robots carry specific resilience advantages over stick-built wood framing, advantages that matter most in markets where storms, termites, and wildfire threaten conventional structures. Boris Kozlov, Founder ...
The standard condo listing tells a buyer about square footage, amenities, and monthly fees. What it doesn’t tell them is when the elevator needs replacing, whether the reserve fund can cover it, or how much they’ll personally owe when the bill comes due. That information exists – buried in hundreds of pages of governing documents, ...
Early claims that 3D-printed construction would be 100 percent cheaper and 200 percent faster than conventional building went undelivered, eroding investor confidence. Now, with roughly 150 single-family homes completed in the United States and up to 300 more under construction across multiple communities, according to Boris Kozlov, Founder & CEO of AC3D (Automated Construction 3D), ...
The term “house fishing,” a play on catfishing, has entered the real estate lexicon for a reason. Buyers scrolling through listings encounter rooms furnished with AI-generated pieces that look beautiful online but bear no relationship to anything they could actually purchase or recreate. The gap between what a listing promises and what a buyer walks ...
Most homebuilders still run on spreadsheets, phone calls, and manual site inspections. That’s not for lack of trying; it’s a symptom of a broader gap between what AI can theoretically do for construction workflows and what builders have actually implemented. The industry’s underlying problem is severe enough to explain the urgency: construction needs roughly 499,000 ...
The promise of AI in real estate deal analysis has grown louder over the past two years, with vendors suggesting the technology could eventually handle transactions from sourcing through close. However, the reality on the ground looks different, particularly in markets like Chicago, where land valuation and investment screening require pulling data from multiple fragmented ...
