The public construction industry faces a pricing disorder that surpasses the confusion of pre-Internet real estate, according to one industry insider. While residential homebuyers once struggled to value properties without reliable sales data, contractors bidding on public infrastructure projects face even greater information gaps—resulting in bids on identical projects that can differ by millions of ...
Among major American industries, construction remains uniquely disconnected from aggregated data infrastructure. Unlike real estate, which has centralized platforms like Zillow or financial markets with Bloomberg terminals, construction relies on information scattered across thousands of municipal filing cabinets. All relevant data is technically public record, but until recently, almost none of it was accessible in ...
Over the past two years, venture capital investors have favored startups with AI in their pitch decks, often driving company valuations up by 20%. This enthusiasm is now shaping commercial real estate decisions in ways that concern Mandi Wedin, Founder and CEO of Feroce Real Estate Advisors. Wedin, who advises institutional investors and operators on ...
If your internet is suddenly faster, your neighborhood has new fiber lines, or a cell tower appears nearby, artificial intelligence (AI) likely played a role in making it happen. From planning construction routes to tracking permits and predicting delays, AI is now a core part of how infrastructure is built—often in ways the public never ...
Data centers are rapidly multiplying in response to the surging demand for cloud computing, streaming, and artificial intelligence. Yet, constructing one is a complex, years-long endeavor that extends far beyond choosing a plot of land and starting construction. The process involves securing land, negotiating power agreements, establishing fiber connectivity, and navigating extensive regulatory requirements—most of ...
tZERO CEO Alan Konevsky says real estate tokenization is operational, with projects trading and assets moving, but the market remains limited to niche alternative trading systems and specialized use cases. The technology has proven viable, but widespread adoption remains elusive. According to Konevsky, the industry now faces a different challenge: moving from boutique infrastructure to ...
Real estate transactions are moving faster than ever. Listings appear with professional photos, and closings can now happen in days instead of weeks. Behind these changes, artificial intelligence is reshaping how brokerages operate, enabling some businesses to cut costs and improve efficiency, while others struggle to keep pace. Cheryl Wellman, Chief Financial Officer at AccountTECH, ...
The proptech industry’s standard approach, offering mortgage products directly to consumers through websites and apps, may not work for assumable mortgages, according to Andy Taylor, founder and CEO of RetroRate and former head of Credit Karma’s mortgage business. Taylor, who has spent years building consumer mortgage platforms, says his experience serving 150 million consumers revealed ...
The U.S. housing market is weighed down by a vast inventory of low-rate mortgages that could help unfreeze sales, but a fundamental flaw in how Multiple Listing Service (MLS) data is handled means buyers rarely see these opportunities. Andy Taylor, founder and CEO of RetroRate, estimates that about 22% of all homes with mortgages have ...
For more than two decades, real estate technology companies have built consumer-facing search tools and agent platforms. Yet a core problem persists: the data powering these systems is often unreliable, inconsistent, and fragmented across states and counties. Andy Taylor, founder and CEO of RetroRate and former VP of Product at Redfin, says the challenge of ...
Buying or renting a home today looks very different from how it did even a few years ago. What once involved hours of scrolling, slow paperwork, and educated guesswork is increasingly guided by algorithms that promise speed, clarity, and confidence. Artificial intelligence is now embedded in many of the tools people use to search for ...
The real estate industry is facing a change in how clients discover agents, one that could surpass the impact of social media, according to Alex Mayer, a real estate agent with Rochester Area Homes by Alex in Rochester, Minnesota. Mayer believes that the adoption of generative AI tools for consumer research is already underway, and ...
The traditional real estate brokerage model, built on networks of physical branch offices across every market, is under increasing financial strain. Cheryl Wellman, Chief Financial Officer at AccountTECH and former controller at Premier Sotheby’s International Realty, says rising costs are forcing brokerages to close and consolidate branch offices at a pace not seen in decades. ...
The race to launch urban air mobility has dominated headlines, but the real infrastructure opportunity for electric aviation may lie where 80% of Americans actually live: outside major metropolitan centers. Lisa Wright, founder and CEO of Landings, is building a network of over 2,000 vertiport and charging stations specifically designed for rural and secondary markets. ...
The real estate industry stands at a pivotal moment in its technological evolution. After years of experimenting with chatbots, predictive analytics, and automated marketing tools, a new generation of AI is emerging that promises to fundamentally change how business gets done. These aren’t just smarter tools—they’re autonomous agents capable of handling complex, multi-step processes from ...
