Surf Spots, a Lucrative Business around the World
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Zillow Applies AI To Reduce Errors In Its Estimates
Zillow Group, Inc., founded in 2006 by Barton and Frink, is the largest American online real-estate advertising and rental marketplace platform. Recently, Zillow has just announced its new neural network, which the company has spent years on practices and researches for better home value estimation.
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Ribbon - An Innovative Buying Process To Achieve Homeownership
Ribbon, founded by Shaival Shah and Jian Wei Gan, is a New York-based real estate company specializing in offering homeownership for new properties. As a leading homeownership facilitation platform, they have applied advanced technology to accelerate speed and cash proposals for every qualified inquiry. With 6 funding rounds, it has raised over $905M since 2017, the latest round of which is $150M in Series C and financing from Goldman Sachs in Sep 2021.
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An All-Time High In The US Real Estate Market
The real estate market is still on fire and continuing to soar significantly this summer. According to the S&P CoreLogic Case-Shiller, the nation’s house price index has been hitting the record high at 243.66, increasing 13.2% year-over-year as of March 2021. Below is the home price data list of 20 major U.S. metropolitan areas ranked from highest to lowest in 12-month change.
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