Amazon has refilled its multibillion-dollar Housing Equity Fund with an infusion of money that it projects will preserve and create an additional 14,000 affordable housing units.The e-commerce giant committed to adding another $1.4B to its affordable housing fund, bringing the total fund size to more than $3.6B, Amazon announced Tuesday.Amazon launched it as a $2B fund in January 2021 with the goal to preserve and create 20,000 housing units
NAR Practice Changes: Reviewed & Adopted Under practice changes that will take effect Aug. 17, real estate professionals will no longer be able to communicate offers of compensation in the MLS. However, offers of compensation will continue to be an option consumers can pursue off-MLS through negotiation and consultation with their real estate professionals. Per the requirements stipulated in the proposed Settlement Agreement, NAR has reviewe
You have heard of VR and maybe even AR, but have you heard about XR? XR stands for extended reality and is an umbrella term for virtual, augmented, and mixed reality technologies. It is also the term the architecture and engineering industries use for the immersive 3D imaging being deployed on construction sites worldwide.One significant difference between XR and VR/AR is that XR doesn’t require a headset. Many extended reality applications sim
Imagine being whisked away to a breathtaking location, exploring its nooks and crannies at your own pace, all from the comfort of your couch. This isn’t some fantastical dream; it’s the power of 360° panoramic virtual tours. These immersive experiences are revolutionizing the way we explore the world, offering a captivating blend of reality and virtuality. A Portal to New Destinations Unlike traditional photos or videos, 360° virtual
Preventative measures help homeowners mitigate the risks and costs of weather-related damage while increasing sustainability.In recent years, news reports have updated homeowners on climate change and disasters, from hurricanes that cause catastrophic flood and wind damage to snowstorms that lead to ice dams and frozen gutters. Wildfires, hailstorms and drought also top the list of damage-causing disasters. One map from the National Oceanic and A
The smart lock landscape in 2024 showcases an array of options tailored to enhance security and convenience in modern homes.Smart locks continue to redefine home security and convenience in 2024. The innovation of smart locks is evident with enhanced connectivity, security features and seamless integration with smart home systems. Having personally tested over 30 smart locks, I’ve put together a list of my top recommendations, trends and featur
Forget concrete and steel. According to CEO and investment expert Avi Philipson, the future of building is greener and more sustainable and fueled by surprisingly traditional materials In the quest for a greener and more sustainable future, architects and developers are turning away from traditional materials like concrete and steel and looking towards innovative and eco-friendly alternatives.With a growing concern about the environment
While artificial intelligence can't replace the human brain, tools like Midjourney are supercharging the home design process.These days, there's no shortage of news about artificial intelligence. Some industries are dominated by praise and excitement for how AI can make life easier, while other professional sectors lament the loss of jobs and human touch. The truth is usually somewhere in the middle, and the world of home design is no exception.S
Google is going to start using generative AI to boost Search ads’ relevance based on the context of a query, the company announced at its Google Marketing Live event today. Last year, the tech giant rolled out automatically created assets (ACA) for Search ads, which use content from landing pages and existing ads to generate headlines and descriptions.Soon, Google will boost ACA with generative AI to more effectively create and adapt Search ads
The eco-friendly home is in demand. Here’s how to make yours one. Home buyers are willing to spend an extra $50,000 for an eco-friendly home that saves on energy costs, according to a new report(link is external) from Payless Power, an energy provider based in Texas. “With energy costs skyrocketing for households across the U.S, many are looking for ways to reduce their reliance on energy providers,” the report notes. The company
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