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).
Karl Brauer, executive analyst with Iseecars.com, joined Cheddar News to discuss what to consider if you're in the market for a new or used vehicle.
New applications along with refinancing for mortgages dropped from a year ago as rates continued to climb.
Nvidia posted strong quarterly results, citing strong demand and plans to significantly increase supply.
Minutes from a recent Federal Reserve meeting showed that members "expressed uncertainty about how much more policy tightening may be appropriate."
Microsoft said it detected malicious hacking activity against critical U.S. infrastructure by a Chinese state-sponsored group.
Cheddar News checks in to see what to look out for on The Day Ahead as earnings continue with reports from Gap, Best Buy, Costco Wholesale and Ulta Beauty while key economic data is also due to be released. It's also National Wine Day on Thursday.
Over 1,400 props from classic movies like Star Wars, Shawshank Redemption and Gladiator will be up for auction next month in what experts say will be one of the largest memorabilia auctions in the world.
The Consumer Federation of America released its annual list of top complaints filed with consumer agencies across the country.
Google is using new artificial intelligence models to generate descriptions for YoutTube shorts.
The European Union and Google are looking to develop a voluntary artificial intelligence pact with European and non-European companies ahead of rules to govern the technology.
