Disruption tools have the potential to dramatically change the face of the real estate industry. Insightt hereby designates Automated Property Valuations (APV) developed by real estate related companies a key “Disruption Tool”.
There is no disputing that Zillow is the champion of property value estimation in the United States with their “zestimate”. This article gives a backgroudn on how impressive the zestimate model in the U.S.
The question now is, “Has the affordability virus has been transmitted to smaller markets?”. The data says yes!
Insightt decided to shed a little light on this issue by looking at the data, which is our specialty, but more important is factual.
Insightt now predicts that in the next 5 years, most major banks and credit unions will own their own real estate brokerage company.
Should Canadian Real Estate Companies be Worried about Zillow? The answer. A resounding YES!
Housing affordability in the GTA is a very real problem for potential homebuyers. This report puts the issue into perspective for one of the GTA’s hottest and most affluent markets, the western suburb of Oakville.
The GTA market is in for a record setting February in terms of sales and price growth for both the Condo and Residential Freehold segments.
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