Month: January 2023

Recession-Proof Your Vacation Rental Business

  Recession-Proof Your Vacation Rental Business October 18, 2022 Over the past few years, the short-term rental industry (STR) has displayed remarkable resilience. We have seen record-breaking demand since the start of the year and new supply has been added…

First Internet Bank ends consumer-direct mortgage operations

Another lender is closing its consumer mortgage business due to a decline in applications. First Internet Bank, a digital bank, announced last week that it will close its direct-to consumers operations in the first quarter of this year. Its parent…

How to make home-buying less painful

It’s not easy for homebuyers. Some might argue that it’s heartbreaking. A recent Zillow survey found that 50% of homebuyers felt they were in tears during the home-buying process. Millennial and Gen Z buyers reported this higher than their older…

News

Tourism Boards and DMOs offer a seat at the table for vacation rentals

  Tourism Boards and DMOs offer a seat at the table for vacation rentals September 13, 2022 Although election season is upon many communities across the country this year, polls aren’t the only place vacation rental operators are making changes…

News

Guesty raises additional $170 million in Series E to expand internationally and into new verticals

  Guesty raises additional $170 million in Series E to expand internationally and into new verticals August 16, 2022 Guesty today announced that it raised $170 million in Series E funding. The round was led by Apax Digital Funds and…

Altos: Is the housing market at its lowest point?

At the end of January, the available inventory of homes for purchase continued to decline. This is due to a combination of low inventory and increased buyer demand. Prices are stabilizing after falling in the fourth quarter due to low…

Engel & Volkers expands North Carolina presence

Engel & Volkers, a global luxury real estate company, announced its expansion in North Carolina last Wednesday. There are now three new locations in the Carolina foothills: two in Morganton, one in Nebo. Steve Leadbetter will lead the new locations,…