  Welcome Homes raises $29M in Series A fundingThursday, January 26, 2023 Proptech company Welcome Homes raised $29 million in a Series A funding round led by Era Ventues. The funding will be used to hire talent and expand into new markets.
Welcome Homes’ platform aims to make building on teardowns and vacant lots more scalable, letting homebuyers and real estate investors access thousands of pre-vetted and price-locked properties.
Read on to learn more. |
 Spruce offers HOA rentability coverage for investorsThursday, January 26, 2023 Investor title and closing partner Spruce is preparing to launch SpruceProtect: HOA Guarantee. The product will provide investors financial coverage in the event of rental restrictions within an HOA that could negatively impact rentability.
SpruceProtect: HOA Guarantee is offered as an endorsement to a title policy issued in partnership with American Digital Title Insurance Co.
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 MLS organizations create real estate portal NestfullyThursday, January 26, 2023 Nestfully, a new consumer portal created by Multiple Listing Service organizations, is set to launch early this year.
Consumer-facing features reportedly include the ability to search for properties and apply filters based on individual needs, as well as the ability to schedule a showing. Consumers will also be able to directly ask listing agents questions about homes.
Read on to find out more information. |
Xperience Title integrates with LendingPad Thursday, January 26, 2023 An integration of Xperience Title with LendingPad, a loan origination system, has been announced. Leadership said the move will help personalize client needs and optimize software.
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Fidelity National Timeshare names new title managerThursday, January 26, 2023 Fidelity National Financial’s National Timeshare Division has a new title manager, who will help spearhead legal and title resources for clients.
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ATTOM: Homeseller profits rise in nearly all marketsThursday, January 26, 2023 A year-end 2022 U.S. Home Sales Report from ATTOM shows homeseller profits jumped 21 percent compared with 2021. A $112,000 typical profit on median-priced homes last year also spelled a more than 50 percent return on investment.
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 Ubitquity hires first chief AI officerTuesday, January 24, 2023 Real estate blockchain-secured platform Ubitquity, LLC, has found its first chief artificial intelligence (AI) officer. She will spearhead efforts to use AI in cutting down on many redundancies in the housing industry while also maximizing iBuyer functionality.
Ubitquity CEO Nathan Wosnack shares his thoughts on AI with The Title Report, laying out how the technology can enhance processes within the title space.
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 nCino cuts workforce by 7 percent, replaces CFOTuesday, January 24, 2023 North-Carolina based cloud banking provider nCino will cut its workforce by 7 percent just as it finds a new chief financial officer, the company recently announced.
Company leadership attributes job cuts to widespread economic downturn, rising mortgage rates, geopolitical challenges abroad and other factors. In late-2021, nCino acquired homeownership platform developer SimpleNexus.
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 Inside Real Estate acquires BoomTownTuesday, January 24, 2023 Real estate software company Inside Real Estate has acquired cloud-based sales and marketing platform Boomtown. Company leaders say the deal will improve client support and services while combining service outlets for roughly half a million industry professionals.
Inside Real Estate is headquartered in Salt Lake City, with offices in Charleston, S.C. and Carlsbad, Calif.
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Old Republic celebrates 100th anniversaryTuesday, January 24, 2023 Old Republic is celebrating its 100th anniversary under the banner of “100 Years of Excellence.” Old Republic has reportedly produced a 12.5 percent annual total shareholder return over the last 55 years and has rewarded investors with 81 consecutive years of dividends.
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Redfin: Home prices post small increase as rate drop attracts buyers Tuesday, January 24, 2023 A small increase in median home sale prices over the past month was reported by Redfin. Experts believe this could be the result of mortgage rate declines, but also specify that numerous factors are still causing year-over-year declines across sales categories.
Read on to learn more.
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