The days of homebuyers going from one house to another, looking for the perfect fit, may be over. Real estate agents now want to bring listings to you!
Bill Brown, the CEO of virtual and 3D camera company Matterport, says that millennials welcome the added convenience.
“People can go and see 20 or 30 properties in the time that it’ll take them to drive and see 1 or 2 properties,” Brown said. “It makes the process that much more efficient, you don’t waste a lot of time going and walking through properties that you could’ve easily eliminated upfront.”
Matterport’s technology allows homebuyers to digitally tour and explore a home they might want to move into through headsets, tablets, or other devices.
The trend is catching on. Real estate firm [Redfin](https://www.redfin.com/) says that 1 in 3 people buy homes they have not seen in real life. And the number of people making offers on properties they’ve only visited virtually grew 19 percent in 2017.
Millennials particularly are jumping on board. Redfin says the demographic is three times more likely than Baby Boomers to bid on a home, sight unseen.
For full interview [click here](https://cheddar.com/videos/the-reality-of-real-estate).
Apparel and textile expert Jamie Ueda offers tips on how to make some money selling clothes you're over.
It's the day after Halloween which means great deals on candy and Halloween decor.
Chipotle will be raising prices at locations in California next year to offset higher labor costs.
Prices for wholesale orange juice rose to the highest point on Tuesday due to low inventory and harvesting issues in the U.S.
Costs for health care are expected to rise in 2024 due to the impact of inflation on insurance policies.
A jury in Illinois has ordered Chicago-based Conagra Brands to pay $7.1 million to a Pennsylvania woman who was badly injured in 2017 when a can of commercial brand cooking spray ignited in a kitchen at her workplace and set her aflame.
Most Americans are in the middle-income brackets, but they aren't leveraging higher interest rates for savings, according to a new survey.
Job openings rose to 9.6 million in September while the private sector added 113,000 new jobs in October.
The Federal Reserve kept its key short-term interest rate unchanged Wednesday for a second straight time but left the door open to further rate hikes if inflation pressures should accelerate in the months ahead.
As the holiday season nears and with families making plans for Thanksgiving at the end of the month, concerns about high food prices linger. Dr. Michael Swanson, chief agricultural economist with Wells Fargo Agri-Food Institute, joined Cheddar News to provide tips on what to expect when shopping for those large family meals.
Load More