CRE Tech Investments Can Withstand Potential Recession

Deloitte | December 05, 2019

The real estate landscape is continuing to evolve at a rapid pace, and while global economic volatility is raising a degree of uncertainty on the nearer term global and U.S. economies, 2020 seems primed to be yet another good year for the industry. Overall, the economic outlook for the U.S. CRE market is moderately positive for the year ahead. According to our 2020 Commercial Real Estate Outlook, two-thirds of CRE executives with a predominant office property portfolio expect growth in rental rates and one-third anticipate a decline in vacancy levels. And while interest rate uncertainty, geographic market, and tenant concentration risks remain top challenges for executives, a solid 73 percent expect increases in transaction activity.

Spotlight

Media, marketing and the way high-net-worth consumers can be reached and influenced is an everchanging landscape. At Luxury Portfolio International® (LPI), along with our research partner YouGov, we wanted to put a fine point to understanding the media consumption habits, opinions and attitudes about the media amongst today’s global elite. Our focus is specifically among those in the market to buy or sell a home worth one million USD or more in the next 3 years. Whether you are luxury homeowner, a seller, a buyer or investor, or a real estate professional, the following provides key insights, rare research and critical data of which you should be aware, so you can make informed decisions this year, and beyond.

Spotlight

Media, marketing and the way high-net-worth consumers can be reached and influenced is an everchanging landscape. At Luxury Portfolio International® (LPI), along with our research partner YouGov, we wanted to put a fine point to understanding the media consumption habits, opinions and attitudes about the media amongst today’s global elite. Our focus is specifically among those in the market to buy or sell a home worth one million USD or more in the next 3 years. Whether you are luxury homeowner, a seller, a buyer or investor, or a real estate professional, the following provides key insights, rare research and critical data of which you should be aware, so you can make informed decisions this year, and beyond.

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REAL ESTATE TECHNOLOGY

Black Knight Announces Strategic Alliance With Percy to Provide an Advanced Client Engagement Solution

Black Knight | June 01, 2022

Black Knight, Inc., an award-winning software, data and analytics company that drives innovation across the real estate and mortgage continuum, announced a strategic alliance with Nashville-based Percy – formerly known as Buyside – a data analytics and marketing company that collects and analyzes real estate consumer behavior using machine learning and artificial intelligence. The alliance will allow Black Knight to offer clients a new, advanced consumer engagement solution fueled by billions of behavioral datapoints that helps real estate professionals and lenders cultivate deeper customer relationships. Using proprietary machine learning to monitor homeowner behavior "signals" through custom landing pages with engaging content (e.g., property valuations, local buyer demand and market activity, monthly email reports, listing activity on client websites, etc.), Percy helps identify the precise timing that a homeowner is likely to transact. Percy's predecessor was launched to help brokerages match buyers to listings, but in the time since, it's evolved into an ecosystem that spans mortgages as well as real estate, across both the buy and sell sides of the real estate equation. Today, Percy analyzes billions of pre-buying as well as pre-selling signals in real estate consumers' behavior to empower loan officers, real estate agents and brokers with actionable intelligence." Charles Williams, Percy founder and chief executive officer The application creates an engaging experience for home buyers and potential sellers through a personalized digest of insights related to their homes. Providing multiple valuation estimates to increase accuracy, timely and current home equity statements, refinance opportunities and more helps build trust and cultivate deeper, richer customer relationships. "Today's housing market is categorized by record-low inventory and record-high home prices, which – together with sharply rising rates – continue to put downward pressure on purchase lending," said Black Knight Data & Analytics President Ben Graboske. "As everyone in our industry is aware, generating inventory is key to lessening affordability pressures as well as keeping lender and real estate agent pipelines full. This strategic alliance with Percy will allow our clients across real estate and mortgage to use an AI-powered, big-data-fueled approach to intelligently engage with those customers, to build business while also generating inventory." About Black Knight Black Knight, Inc. is an award-winning software, data and analytics company that drives innovation in the mortgage lending and servicing and real estate industries, as well as the capital and secondary markets. Businesses leverage our robust, integrated solutions across the entire homeownership life cycle to help retain existing customers, gain new customers, mitigate risk and operate more effectively. Our clients rely on our proven, comprehensive, scalable products and our unwavering commitment to delivering superior client support to achieve their strategic goals and better serve their customers. About Percy Percy.ai is a data analytics and marketing company delivering more revenue opportunities to real estate brokers and mortgage companies by collecting and analyzing real estate consumer behavior. We use proprietary machine learning and Artificial Intelligence to better understand consumer intent and help companies target the right person at the right time.

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Muriya launches first-of-its-kind 'fanar views' residential project

Muriya | July 18, 2022

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Doma’s Technology-First Title Solution Enables Financial Freedom for Point Home Equity Customers

Doma Holdings | July 28, 2022

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