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Why Software Is Eating the Home: The Residential Proptech Explosion


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Less than a decade ago, startups valued at $1 billion or more were so rare so mythical even that the tech world took to calling them unicorns. In 2013, there were just 39 such magical creatures, a number that has since surged to more than 600.
Residential real estate, a longtime tech desert, had but a couple over the years.
But in the last eight months, four proptech startups focused on the residential industry have hit valuations of $1 billion or more. Three others – Airbnb, Compass and Lemonade – have gone public. Another 10 have plans to merge with blank-check firms, in deals valued collectively at $38.5 billion. Investment in technology aimed at streamlining how we buy and sell homes has exploded. Buyers can view homes without stepping foot in the property, get approved for a mortgage online, obtain title insurance in minutes and notarize documents remotely. iBuyers are enticing customers to sell their homes lock, stock and ba ....

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Mynd Management Expands Leadership Team and Adds PropTech Expert to Board


Mynd Management Expands Leadership Team and Adds PropTech Expert to Board
Top SFR innovator sees opportunity to capitalize in the space, will expand access for both institutional and retail investors
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OAKLAND, Calif., April 12, 2021 /PRNewswire/ Tech-enabled real estate management company Mynd Management is announcing four new strategic executives to its team as the company stands poised for incredible growth in the rapidly expanding single-family rental (SFR) space. There are now more renters than homeowners 
in roughly half of America s major cities an increase of more than 20% over 15 years, and a potential new source of returns for real estate investors. But while there are  ....

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