South Florida-based Homekeys has announced the introduction of ValueSearch, a patent-pending online tool that enables homebuyers and real estate investors to identify potentially undervalued properties.This will give real estate investors the same ability that stock investors have had for years, the company said. "ValueSearch is the first application that extends automated valuation model technology from a single property to a set of search results," said Manuel Iraola, Homekeys' president and chief executive officer. "Most real estate sites enable you to find properties by location and features such as number of bedrooms and baths. ValueSearch enables you to refine search results by displaying properties that are potentially a good value, where the asking price is near or below the estimated value." Homekeys can be found online at http://www.homekeys.net.
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One-time Rocket exec Mike Fawaz founded brokerage and tech firm Origna8 with his former adversary's backing, which both say will enable it to quickly scale.
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Federal Reserve Chair Jerome Powell told reporters Wednesday that he would remain on the Fed board after his term as chair expires next month, resolving the last and most significant open question about his departure and the onset of Kevin Warsh's leadership at the central bank.
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President Biden had issued a rule in 2024 requiring newly constructed homes to abide by an energy mandate to be eligible for FHA- or USDA-backed mortgages.
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Eligible purchases with the Better Home Equity Card, which lets homeowners instantly spend funds drawn from a home equity line of credit, earn 1% cashback.
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Kevin Warsh's nomination to be the next chair of the Federal Reserve passed through the Senate Banking committee in a party-line vote.
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Using a non-GAAP measurement, the real estate investment trust, preparing to be bought by CrossCountry, reported a $25 million loss for the first quarter.
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