article thumbnail

‘Zillow, virtually stage my listing photos in an art deco style with pink accents!’

Housing Wire

On Tuesday, the residential real estate giant announced the acquisition of Virtual Staging AI (VSAI). Founded in 2023 by Michael Bonacina and Mikhail Andreev, VSAI helps home sellers, agents and photographers create digitally staged images of a listing, eliminating the need for physical furniture in the home.

Staging 409
article thumbnail

Who’s winning the home equity war?

Housing Wire

of mortgaged residential properties in the U.S. This sets the stage for an exhilarating showdown: Who will emerge victorious in the home equity battle? According to ATTOM’s third quarter 2024 Home Equity and Underwater Report, 48.3% are considered equity rich. In the first quarter of 2024, homeowners across the U.S.

Equity 396
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Meet Collov AI: The world’s first listing marketing AI agent built for real estate

Housing Wire

Staging a home can make or break a sale but the traditional approach is broken. Even the traditional virtual staging solutions take days to turnaround, while todays buyers make decisions to attend an open house onlineoften in seconds. Collov AI : A smarter, faster and an AI way to stage Collov Inc. ,

Agents 239
article thumbnail

Maryland-based Anchor Home joins Compass

Housing Wire

Anchor Home specializes in high-end residential sales, staging, new construction consultations and renovation strategies. Were always proud to partner with top brokerages and agents who share our commitment to delivering an exceptional experience for buyers and sellers across every market we serve. Their average listing price is $1.7

article thumbnail

Opinion: An assessment of residential real estate and AI

Housing Wire

For the sake of simplicity, I will keep my comments restricted to residential real estate in the US. Also, for the sake of simplicity, I will take a complex supply chain and process and reduce it to five stages/processes: 1. Valuation 3. Finance 4.

article thumbnail

Cause for concern? FHA, VA delinquencies are rising quickly

Housing Wire

New data released Thursday by the Mortgage Bankers Association (MBA) revealed that the delinquency rate for mortgages on one- to four-unit residential properties increased to a seasonally adjusted rate of 3.98% of all loans outstanding at the end of 2024.

VA loan 348
article thumbnail

Looking backward to look forward: Kevin Sears discusses NAR’s vision for 2025

Housing Wire

Kevin Sears took to the NAR NXT main stage at the Boston Convention and Exhibition Center on Friday morning with a large iced coffee from Dunkin’ in hand. And we protect consumers when we provide data and perspective on legislation that incentivizes the conversion of commercial space into affordable residential housing.”

VA loan 365