The way people buy and sell homes hasn't changed in decades, but new tech-focused firms like REX Real Estate are looking to shake things up.
Jack Ryan, Founder and CEO of REX Real Estate, explains how the company is using A.I. and big data to streamline the real estate process. Ryan says big data lets them target buyers more quickly and more accurately than other agents.
REX Real Estate is currently available in New York and California, and will be opening offices in Texas and Colorado in the next few months. Ryan says he plans on being available throughout the entire country within a few years.
Wall Street closed higher Thursday after a report showed inflation slowed again last month, bolstering hopes the Federal Reserve may take it easier on the economy through smaller hikes to interest rates.
Bringing manufacturing back to the United States is a top priority for the Biden administration, but a new report from Citi indicates that companies might have other priorities when it comes to securing their supply chains.
