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The Hidden Truth Of Zestimate - Zillow’s Algorithm
Together with the housing shortage, the pandemic has resulted in failed projections of Zillow's algorithm, a sophisticated algorithm that makes accurate predictions for selling and buying pricing decisions. Thus, it leads to considerable influences on Zillow in particular and the US real estate in general.
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Iconbuild and the Rise of 3D-Printed Houses
3D-printed homes are revolutionizing the construction industry by making home construction faster, cheaper, and more environmentally friendly.
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US Hotel Update
Metropolitan and Suburban Markets. As we all know, the Hotel industry was hit the hardest with the pandemic. The full impact in the hotel industry took hold in April with 70% year-over-year drop in demand before rebounding slighty to close Q2 down by 60%. Supply growth fell to 1.3% from 1.5% in Q1. These numbers are provided by CBRE.
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