article thumbnail

Cyber and Privacy Risks for Real Estate Enterprises

SecureWorld News

The integration of technology and automation, and related collection, use, and sharing of information into everyday business practices presents an enormous opportunity for efficiency and precision, especially in the real estate sector. Real estate portfolios are uniquely exposed to cyber-physical damage risk?

article thumbnail

McKinsey report details how hybrid work is ‘here to stay’ and the ripple effects on real estate

GeekWire

highlights “substantial” challenges for cities and commercial real estate players due to the long-term impacts from hybrid work. The Federal Reserve said it has concerns about the impact of declining office demand on the commercial real estate sector. banks, particularly community or regional banks.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

After a rocky 2022 for real estate, here are 5 trends to watch for Redfin and Zillow

GeekWire

The once high-flying real estate market sputtered in 2022, dragging many real estate tech companies down with it. Most of Zillow’s revenue will come from Premier Agent, its advertising service for real estate agents looking to serve prospective home buyers. Redfin and Zillow Photos).

article thumbnail

Redfin’s chief economist on the real estate market; mortgage rates; climate risk; housing affordability

GeekWire

The Seattle-based online brokerage and real estate data hub has seen its stock fall by more than 40% this month. Her first economics job was at the Federal Reserve Bank of Boston during the foreclosure crisis. ” On AI replacing real estate agents “Agents still play a very big role.

article thumbnail

Real Estate Wire Fraud on the Rise, Secret Service Investigators Say

SecureWorld News

Scammers are attacking home buyers through wire fraud transactions, often posing as their title company or broker/real estate agent whom the victim has been working with. Victims then unknowingly transfer their finances over, only to later find that their real estate team never received the payment.

article thumbnail

Real estate tech company Porch adds five new directors to board ahead of public stock listing

GeekWire

The real estate technology venture and home improvement marketplace announced plans in July to become publicly traded through a merger that values the Seattle company at $523 million. Tom Hennessy , chairman, co-CEO, and president of PropTech Acquisition Corp; managing partner of Hennessy Capital Real Estate Strategies.

article thumbnail

Beneficiary Experience: The Big Retention Opportunity Missed By Financial Services Firms

Forrester IT

$500 billion: That’s the amount of money that moves around from both non-real estate inheritances and life insurance settlements every year in the US.

Financial 285