Latest Trends and Insights in Real Estate Technology

Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.

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  • U.S. Department of Energy Announces $45 Million in Carbon Storage Technologies for Building Materials

    ARPA

    The U.S. Department of Energy (DOE) today announced up to $45 million to support the development of technologies that can transform buildings into net carbon storage structures. With carbon storing building materials often being scarce, expensive, and geographically limited, DOE is pioneering technologies that overcome these barriers to lower or eliminate emissions associated with their production. This will also increase the total amount of carbon stored in buildings to make them net carbon neg…

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  • The Future of Offices Isn’t Just About Home Working

    Wall Street Journal

    It’s tempting to see home working as the big threat to city-center offices. But investors might gain more by watching an old real-estate fundamental: construction. Compare London and New York. Few new offices were started in the U.K. capital in recent years, partly as a result of Brexit, which should help big commercial landlords there recover relatively quickly from the pandemic. Faced with a building glut, their peers in New York may not be so lucky….

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  • Updater Raises $60M in Funding to Accelerate Growth in Relocation Market

    Updater

    Today, we’re pleased to announce the closing of approximately $60 million in additional growth funding. The investment comes at a time of rapid growth for Updater. With this new capital, we’ll accelerate our hiring plans and introduce cutting-edge technology to millions of households across the United States. Including the financing round announced today, Updater has now raised over $250 million.

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  • COVID smashes office architecture

    Axios

    The huge, decked-out corner office for executives was already dying. The pandemic may have delivered a final blow. The big picture: As hybrid and remote work become more common, the office is transforming from a place for focused work to a destination for collaboration. Meeting rooms and open plan café-like seating areas are replacing offices — and where you sit and work no longer denotes your place in the hierarchy.

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  • Seattle appraisal startup Aloft lands $20M from real estate heavyweights

    Geekwire

    The news: Seattle-based real estate startup Aloft raised $20 million to grow its software platform used for home appraisals. The gist: Founded less than a year ago, Aloft aims to make the appraisal process more efficient and accurate with the help of technology. It gives appraisal quotes in two minutes, and facilitates the actual home inspection, which is done by its appraisers.

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  • Chilean proptech startup Houm raises $35M Series A to expand across LatAm

    TechCrunch

    Less than six months after raising $8 million in seed funding, Chilean proptech startup Houm has raised $35 million in a Series A round led by Silicon Valley venture capital firm Goodwater Capital.

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  • UK will require new homes to have EV chargers starting in 2022

    TechCrunch

    Electric vehicle (EV) charging stations will be required for all new homes and businesses in the UK starting in 2022, the government announced today. The new measure aims to boost EV adoption in the nation by adding up to 145,000 extra charging points each year.

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  • Gen Z Wants Single-Family Homes. Rental Owners Are Happy To Oblige

    Bisnow

    Zillow’s exit from the house-flipping business created an opening for investors bullish on the single-family rental market, with an inventory of 9,800 houses nationwide up for sale. Single-family rentals are still a relatively small part of the U.S. residential market, but investors are now betting on surging demand for such properties in the wake of rising house prices exacerbated by the coronavirus pandemic….

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  • A milestone in delivery by drone

    Axios

    Starting today, drones shaped like miniature airplanes will drop packages of 4 pounds or less in customers’ yards when they order from a Walmart Neighborhood Market in Northwest Arkansas, Worth Sparkman of Axios NW Arkansas reports. Why it matters: The era of ubiquitous delivery by drone is inching forward, with scattered pilot programs involving pizzas and other light shipments — and the imprimatur of Walmart on this service is a big deal….

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