WGAN Forum Podcast

China and Hong Kong-based Residential Real Estate Company Midland Holdings to Digitize its Property Portfolio with Matterport Midlands Holdings is the first real estate brokerage company in China and Hong Kong to standardize the use of Matterport digital twins, creating a new way for their customers to tour, buy, and rent properties SINGAPORE, Monday February 14, 2022 (GLOBE NEWSWIRE) -- Matterport, Inc. (“Matterport”) (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced that Midland Holdings, one of the largest residential real estate (RRE) brokerages in the Greater China region, will become the first brokerage in the region to use Matterport digital twins to create virtual 3D experiences for its entire portfolio of properties. Using Matterport, the company will provide its customers with easy-to-use, 3D versions of its network of properties through China, Hong Kong, and Macau while also realizing significant operational improvements and cost savings. “As an industry leader, continuing to invest in the right technology to support our business is crucial to our success,” said Angela Wong, Vice Chairman of Midland Holdings. “Using Matterport digital twins will provide a better experience for our customers while also allowing us to act as a pioneer in transforming the home shopping experience in China and Hong Kong.” Midland Holdings’ use of Matterport digital twins represents a significant milestone for the RRE industry in China, changing the way that customers have been able to traditionally view, buy, or rent homes. By using Matterport’s digital twin capture technology, Midland Holdings will be able to provide customers with on-demand, virtual access to its expansive list of for sale and rent properties in the Greater China region. Customers can now virtually tour the bedrooms, kitchen, and living spaces of any number of properties, making purchase and rental decisions from the comfort of their own home. In 2016, Midland Holdings became the first Hong Kong-based real estate brokerage to launch a Virtual Reality (VR) panoramic property viewing service. With digital twins, Midland Holdings can also virtually furnish or stage its properties, allowing customers to more easily visualize how an empty space can be used, and, if interested, customers can also purchase the furniture they see on a property through a virtual marketplace with just a single click. The added e-commerce offering will provide customers a way to furnish their home with what they see in the virtual experience, reducing the stress that is often associated with moving into an unfurnished home. “Matterport is pleased to partner with Midland Holdings as they adopt our digital twin technology across their portfolio,” said Ben Corser, APAC Managing Director of Matterport. “As renters, buyers and sellers come to understand the impact and value of our technology, the residential real estate industry has continued to increase their adoption of digital twins to meet customers’ needs. We look forward to collaborating with Midland Holdings to deliver digital twins for their properties and provide a more efficient, immersive experience for their customers.” --- Matterport media release continues in the We Get Around Network Forum (www.WGANForum.com) here: https://forum.we-get-around.com/topic/16436/first-real-estate-company-in-chinahong-kong-to-standardize-with-matterport/

✓ How can you host 360s? ✓ How can you show a 360 aerial and link to: Matterport, Photos, Video, Floor Plans, 360s, Shopping and Audio? ✓ How can you show a 2D image and link to: Matterport, Photos, Video, Floor Plans, 360s, Shopping and Audio? My guest on WGAN-TV Live at 5 on Thursday, 10 February 2022 is ThreeSixty Tours Owner Hadi Ossaily. Hadi will show and tell us about ThreeSixty Tours: ✓ WGAN-TV | Introduction to ThreeSixty Tours: Including a Deep-Dive Demo Show and Tell Includes ✓ What is ThreeSixty Tours? ✓ When/Why use ThreeSixty Tours? ✓ What are the benefits to using ThreeSixty Tours? ✓ Front-end Demo: show examples of use cases ✓ Back-end Demo: how to create a ThreeSixty Tour from start to finish ✓ How to get started: free offer ✓ Tell us about use-cases for ThreeSixty Tours, including: -- Residential Development -- Condominium Building -- Vacation Resort -- Campus Tour -- Large commercial offer space -- Shopping -- Tell us about how to get started with ThreeSixty Tours for free Special Offer for We Get Around Network Standard Members ✓ Free use of ThreeSixty Tours Business Plan as long as you are a Standard or Premium Member. The top-of-the-line ThreeSixty Tours Business Plan includes: ✓ Responsive viewer embed ✓ Social Sharing with Facebook, Twitter and Google+ ✓ Unlimited Panoramas ✓ Unlimited Tours ✓ Panorama Branding ✓ Tour Branding ✓ MLS friendly (no branding option) ✓ Option to override branding settings on a per-panorama and per-tour basis ✓ CSV Data Import/Export ✓ 5 Custom Domain Names (White Label) ✓ Seamless integration with WP3D Models Wordpress Plugin (Model Base: ThreeSixty Tours) Questions I should ask Hadi on WGAN-TV Live at 5? Best, Dan About ThreeSixty Tours ThreeSixty Tours is a platform to view and share one or more 360º photo spheres and 360º videos (via embedding) and additional content such as: ✓ 360º photo spheres (panoramas) via embedding ✓ 360º videos via embedding (host 360º videos on YouTube or Vimeo) ✓ Matterport Spaces 3D Tours ✓ Videos ✓ Photos ✓ Shopping (eCommerce) ✓ Text ✓ Annotate and connect 360º panoramas Here are ThreeSixty Tours examples: ✓ Luxury Resort ✓ Condominium Building ✓ Residential Development ✓ Stadium Tour ✓ Shopping Example Links ✓ Website: ThreeSixty.Tours ✓ LinkedIn: Hadi Ossaily ✓ WGAN Forum discussions tagged: ThreeSixty Tours ✓ Facebook: ThreeSixty Tours ✓ YouTube Channel: ThreeSixty Tours ✓ Twitter: ThreeSixtyTours ✓ WGAN Forum Member Name: @ThreeSixty_Tours

Matterport Appoints Top Industry Executives to its Leadership Team Company lands top execs from the Estee Lauder Companies, RingCentral, and Google to lead strategy, operations, and global marketing efforts SUNNYVALE, Calif., Thursday, February 10, 2022 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced that it has appointed Florence Shaffer as Vice President, Strategy & Operations, Chief of Staff to CEO, and Deepti Illa as Vice President, Global Integrated Marketing. Shaffer will join Matterport’s executive leadership team and report to CEO RJ Pittman, helping drive the company’s strategic and operational mandate. Illa brings an impressive record of driving global business growth for some of the world’s largest cloud platforms and will report directly to recently named Chief Marketing Officer, Tom Klein. She will lead global marketing efforts to elevate the Matterport brand and scale adoption across all key vertical markets. “Achieving our mission to make every space more valuable and accessible, starts and stops with attracting top talent and expanding our workforce across technology, marketing and operations is crucial to our success,” said RJ Pittman, Chief Executive Officer of Matterport. “Both Florence and Deepti are highly regarded industry executives that bring extraordinary, team-centric leadership, operational scale, and strategic vision to Matterport. We are incredibly well positioned to extend our leading position digitizing the $230 trillion built world in the decade ahead.” Shaffer brings nearly 20 years of experience where tech innovation and strategy meet execution, leading digital transformation for notable global brands. Most recently, Shaffer held the dual position of Global Vice President, Technology Strategy & Operations and Chief of Staff to the Chief Innovation Officer at Estée Lauder Companies. Prior to Estee Lauder, Shaffer was Director of Technology for the Americas region, at Burberry, where she helped drive business growth with technology innovation and operational improvements. In addition to roles at Lucasfilm and BMW, Shaffer has served as a consultant for emerging technology startups. “As a company that seeks to fundamentally improve the way people understand and engage with the physical world, Matterport’s vision is truly unique,” said Shaffer. “I’m passionate about building a future where technology enhances people’s lives, and I look forward to doing that with Matterport.” --- Matterport media release continues in the We Get Around Network Forum (www.WGANForum.com) https://forum.we-get-around.com/topic/16415/page/1/matterport-appoints-top-industry-executives-to-its-leadership-team/

Vacation-Home Boom Continues Into 2022, With Demand Up Nearly 90% From Pre-Pandemic Levels Demand for second homes hit its highest level in a year in January, with affluent Americans locking in mortgage rates before they increase further. Meanwhile, demand for primary residences was up 42% from pre-pandemic levels. SEATTLE--Thursday, February 10, 2022--BUSINESS WIRE--(NASDAQ: RDFN) — Homebuyer demand for second homes was up 87% from pre-pandemic levels in January, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. This is the highest level in a year and just shy of the record 90% gain in September 2020. Demand for second-home mortgages is outpacing demand for primary residences, which was up 42% from pre-pandemic levels in January. Redfin’s report uses residential mortgage-rate lock data to measure demand. Interest in second homes started skyrocketing in mid-2020 as affluent Americans took advantage of remote work and low mortgage rates to escape to and invest in vacation destinations. Demand declined last spring—though it remained well above pre-pandemic levels—before bouncing back in the fall. “Demand for second homes was strong in January as buyers tried to lock in relatively low mortgage payments,” said Redfin Deputy Chief Economist Taylor Marr. “Mortgage rates surpassed 3.5% in January for the first time since March 2020, encouraging buyers who were on the fence about purchasing a vacation home to commit before rates increase further. While I expect demand for second homes to remain higher than it was before the pandemic, mostly because of remote work, it may fall slightly in the coming year as mortgage rates continue to go up and fees for second-home loans increase.” Redfin economists predict that the average 30-year fixed mortgage rate will rise to 3.9% over the course of 2022. Home prices in seasonal towns up 20%, outpacing non-seasonal towns Home prices in seasonal towns–where second homes are often located–are up more than prices in non-seasonal towns. The typical home in a seasonal town sold for $501,000 in December–the most recent month for which data is available–a 20% year-over-year increase. That marks 18 straight months of double-digit price growth. --- Redfin media release continues in the We Get Around Network Forum (www.WGANForum.com) here: https://forum.we-get-around.com/topic/16412/page/1/vacation-home-boom-continues-into-2022-up-87-from-pre-pandemic-levels/

Matterport Axis Will Help Democratize the Creation and Use of Digital Twins Commentary and Analysis by Dan Smigrod Founder and Managing Editor We Get Around Network Forum and WGAN-TV Live at 5 Hi All, Does the Matterport announcement today (8 February 2022) of the Matterport Axis rotator for Android and iOS smartphones mean the end of the world for Matterport Service Providers? In a word, no. The Matterport Axis will help democratize the creation and use of digital twins. As a result, the Matterport Axis will create more business for Matterport Service Providers as the interest, awareness and use of Matterport digital twins increases. Likely more than half of all real estate agents engage a professional real estate photographer to shoot real estate photos and a smaller percentage - likely 5 to 15 percent - also engage a real estate photographer to shoot a 3D or 360 virtual tour (as an Add On). While some real estate agents will opt for the Do It Yourself (DIY) virtual tours with Matterport Axis (or other platforms (videos above) that offer rotators (such as Asteroom, Nodalview, Pivo Real Estate), the more real estate listings that include a 3D or 360 virtual tour, the more awareness by home sellers to ask their prospective real estate listing agent if their marketing plan for their home includes a virtual tour. (The real estate agent will need to say “yes” to win the listing and many of these real agents will want to engage a Pro.) Will new real estate photographers buy a Matterport Pro2 3D Camera or one of the 360 cameras, such as Ricoh Theta Z1, Ricoh Theta Z1 51GB (and soon the Ricoh Theta X) or Insta360 ONE X2 to shoot/scan Matterport digital twins? In two words, it depends. I could imagine that the Matterport Axis provides an on-ramp to getting started with Matterport. That said, if you make a living based on your time, then the time of the rotation will matter to real estate photographer professionals whom will then begin exploring 1-click 360 cameras or Matterport Pro2 3D Camera. --- Commentary and Analysis by Dan Smigrod continues in the We Get Around Network Forum (www.WGANForum.com) https://forum.we-get-around.com/topic/16397/page/1/matterport-axis-will-help-democratize-the-creation-and-use-of-digital-twins/ ---

Matterport Introduces Axis, a New Hands-Free Motor Mount for Precision 3D Capture for Smartphones SUNNYVALE, Calif., Feb. 08, 2022 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced Matterport Axis™, a revolutionary motorized mount that works with a smartphone to capture 3D digital twins of any physical space with increased speed, precision, and consistency. This convenient, hands-free solution produces reliable high-fidelity results with just a click of a button. From homes to offices, hotels, rentals, retail locations, even a factory floor, Matterport Axis is the most affordable way to supercharge 3D capture using just the phone in your pocket. With Axis, the company aims to accelerate the digital transformation of the built world by making it effortless for anyone with a smartphone to digitize any kind of space with a new level of precision and ease of use. Starting today, Matterport Axis is available with special pre-launch pricing of just $59, by securing a place on the Axis waitlist at: www.Matterport.com. The official launch date is April 1 when general availability pricing will start at $79. All waitlist sign-ups received by March 31 will qualify for pre-launch pricing, subject to terms and conditions. Matterport has also enlisted its premier e-commerce partners, Adorama and B&H, to bring Matterport Axis to market. The special pre-launch pricing will also be available at both of these websites starting today. Customers across a variety of industries use Matterport to virtually measure, document, manage, and promote their properties online. Now, with Matterport Axis, organizations across the globe can scale up their efforts to affordably capture high-fidelity digital twins at multiple locations simultaneously. Distributed teams get reliable, consistent results from their smartphones, and Axis helps to ensure that every scan from every location achieves the same level of precision. Matterport Axis simplifies deployments across all industries including: 1. Retail and Hospitality. On-site employees can use Matterport Axis and the smartphone in their pocket to reliably capture a digital twin from every location across a chain of properties. This enables merchandising teams and facility managers to virtually inspect, plan, and manage multiple locations online, eliminating routine travel and on-site visits while rapidly increasing productivity. 2. Real Estate. Professionals, property managers, and vacation rental owners can now create digital twins with greater speed and ease with Axis’ affordable, hands-free 3D capture - to publish stunning virtual tours online in less than an hour. 3. Construction and Insurance. Builders and insurance adjusters can readily deploy multiple Axis units to the field to accurately scan and share detailed digital twins from any compatible smartphone, for every stage of the job. Enabling remote inspection, tracking, and management with contractors and building specialists anywhere in the world. “At Matterport, our mission is to make every space more valuable and accessible, and with Matterport Axis, we’re excited to help our customers bring their properties online so that they can manage them anytime, anywhere,” said Japjit Tulsi, Chief Technology Officer of Matterport. “We have democratized 3D capture by making the Matterport Capture app available to billions of Android and iOS users. Combined with Matterport Axis, we’ve made it even simpler for individuals, small businesses, and large multi-property enterprises to quickly and reliably scale the digitization of their properties at an affordable price.” To learn more about Matterport Axis and sign up for the waitlist, visit: www.matterport.com/axis. --- Matterport media release continues in the We Get Around Network Forum (www.WGANForum.com) ---

Realtor.com® Housing Report: Homebuying Competition Kicks Off 2022 with the Fastest-Moving January Ever The typical U.S. home spent 61 days on market in January, 10 days less than last year and nearly a month (-29 days) faster than the typical 2017-2020 pace SANTA CLARA, California, Tuesday, February 8, 2022 (PRNewswire) -- It's early days for the 2022 housing market, but new data shows homebuyers are already off to the real estate races. In the first month of the year, the typical U.S. home sold faster than in any prior January, according to the Realtor.com® Monthly Housing Report released today. Compared to January's national pace, homes sold even more quickly in the 50 largest U.S. metros, with listings flying off the market in 36 days or less in Nashville, Tenn., San Diego, San Jose, Calif., Denver and Raleigh, N.C. "We're forecasting a whirlwind year ahead for buyers and, if January housing trends are any indication, 2022 competition is already heating up. Homes sold at a record-fast January pace, suggesting that buyers are more active than usual for this time of year," said Realtor.com® Chief Economist Danielle Hale. "But it's a different story on the other side of the closing table, with new seller listings continuing to decline in January. Factors like Omicron uncertainties could be causing sellers to hesitate even when they know housing conditions are favorable. Another key barrier is the inventory 'chicken-and-egg' dilemma that may vex sellers who are also buying: Do you list now when home shoppers are hungry for more options, or do you wait for more inventory to hit the market in the spring? Ultimately, only you know the best time for your family to make a move, but preparation is key to acting quickly when the right opportunity comes along. Sites like Realtor.com® offer information and tools to help homeowners keep a pulse on local activity in today's fast-paced market." --- Realtor.com media release continues in the We Get Around Network Forum (www.WGANForum.com)

Matterport to Announce Fiscal 2021 Full Year and Fourth Quarter Results on February 16, 2022 SUNNYVALE, Calif., Tuesday, February 8, 2022 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced that it will release its fiscal 2021 full year and fourth quarter financial results on Wednesday, February 16, 2022 after market close. Matterport management will host a conference call that day at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss the fourth quarter financial results. The dial-in number will be (914) 987-7872, conference ID: 5978824. The financial results press release and a live webcast of the conference call will be accessible from the Matterport website at investors.matterport.com An audio webcast replay of the conference call will be available for one year at: investors.matterport.com https://forum.we-get-around.com/topic/16390/page/1/matterport-announces-fiscal-2021-full-year4q21-results-on-feb-16-2022/#1 --- Matterport media release continues in the We Get Around Network Forum (www.WGANForum.com)

Matterport To Showcase Impact of Digital Twins for Architecture, Engineering, and Construction Industry at its Popular Space Jam Competition Virtual event offers inside look at solutions from Matterport Platform Partners for Architecture, Engineering, and Construction customers SUNNYVALE, Calif., Feb. 07, 2022 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced it will host the next installment of the Matterport Space Jam virtual event series, featuring four of its platform partners that are building software solutions on top of Matterport's digital twins for the Architecture, Engineering and Construction (AEC) industry. The virtual event will take place on Thursday, February 24 at 8:30 am PT, offering attendees an opportunity to learn how four Matterport Platform Partners build solutions for the AEC industry on top of Matterport digital twins. During the event, each platform partner will demonstrate its products in respective 5-minute sessions and field questions from attendees. Once demonstrations and questions have concluded, attendees can vote on their favorite presentation. The event will feature the following Matterport platform partners: e-Building - a powerful document manager, e-Building allows users to manage all their building information modeling (BIM) files on a single platform and digitally link them directly to exact locations within a Matterport digital twin. RemSense - an industrial software package that uses Matterport imagery with layers of information from client management systems (CMS) to help solve engineering challenges. SIMLAB Stages - a tool used by the AEC industry to create a living timeline of site progress for any project at any stage, allowing users to view and collaborate on the project at different points in time. Nspect - a solution that takes Matterport data and allows users the ability to create an inspection report, a quality control review, safety inspection, or a work plan for a site all overlaid onto a Matterport digital twin. “With the addition of BIM file, Autodesk Revit Plugin, and [Matterport] Notes feature, Matterport continues to support the AEC industry with innovative solutions that increase project efficiency, boost productivity, and reduce costs,” said Stephanie Lin, Sr. Director of Strategy for AEC at Matterport. “We are excited to showcase our innovative platform partners to the AEC industry and highlight how solutions built on top of Matterport digital twins can improve AEC workflows and stakeholder coordination while helping firms and owners alike save costs by reducing in-person site visits and streamlining the design and project management process.” Register to attend Matterport Space Jam for AEC here. --- Matterport media release continues in the We Get Around Network Forum (www.WGANForum.com) here: https://forum.we-get-around.com/topic/16386/page/1/matterport-to-showcase-impact-of-digital-twins-for-aec/

1 in 4 First-Time Homebuyers Are Using Stimulus Money For Down Payment: Redfin Survey Saving pandemic-related stimulus money is the second-most common way to accumulate money for a down payment SEATTLE--Friday, February 4, 2022--(BUSINESS WIRE)--(NASDAQ: RDFN) — Nearly one-quarter (24%) of first-time homebuyers are using stimulus money for their down payment, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. Stimulus money is the second-most common way of accumulating money for a down payment, after saving directly from paychecks. The report is based on a Redfin-commissioned survey of 1,500 U.S. residents planning to buy or sell a home in the next 12 months. The survey was fielded by research technology company Lucid from Dec. 10 to 13, 2021. The report focuses on the 215 of those 1,500 respondents who answered, “How did you accumulate the money you need for a down payment?” This was a question Redfin only posed to participants who said they were buying their first home in the next year. “There was a fair amount of economic uncertainty at the beginning of the pandemic and many people initially lost their jobs due to widespread lockdowns. But plenty of Americans, particularly those who are in a position to buy a home, are now in a better financial position than before,” said Redfin Chief Economist Daryl Fairweather. “Stimulus payments provided a lot of Americans not only with necessary relief, but extra money in their pockets. Some people were also able to save more money than usual because they spent less on things like traveling, eating out and paying back student loans, which were paused during the pandemic.” The average American family with children received $6,660 in stimulus money in 2021 in the form of stimulus checks and the expanded child tax credit, both part of COVID-19 relief policies. While this survey identified a cohort of first-time homebuyers who say stimulus money contributed to their down payment, most stimulus recipients used the bulk of the money for everyday essentials. Stimulus money can make a big dent in a down payment. The typical U.S. home sells for $382,900 and the median down payment is roughly 10% of the purchase price, which equals about $38,000 for the median-priced home. Some buyers put down as little as 3%, which would equal an $11,500 down payment. Twenty-three percent of survey respondents said the ability to save extra money during the pandemic has helped with their down payment, the third-most common method of accumulating money for a down payment. Other ways respondents reported collecting money for down payments include selling investments in cryptocurrency (12%) and cash gifts from family (12%). --- Redfin media release continues in the We Get Around Network Forum (www.WGANForum.com) here https://forum.we-get-around.com/topic/16379/page/1/redfin-24-first-time-homebuyers-are-using-stimulus-money-for-down-payment/#1

How can Matterport Service Providers succeed faster – with a higher paying vertical (architects) than residential real estate – with the same scanning process, but with a higher end scanner/camera: Leica BLK360. My guest on WGAN-TV Live at 5 on Thursday, 3 February 2021 is Indianapolis based-Immersaf Media (and Matt S. Photography) Principal Matt Crowder. Matt will show and tell us about: ✓ WGAN-TV | How Architects Leverage Matterport Digital Twins Created with a Leica BLK360 Camera/Scanner Questions Include 1. What are the use cases for architects? 2. The advantages to the architect of doing the scans with a BLK360? 3. Can you show us some examples? 4. When/why would you use the BLK360 software instead of Matterport? Also ... Matt emailed me: I have the Matterport point cloud and the point cloud built from the scans downloaded from the Leica Camera and registered on Leica software. The difference is very distinct. I will ... share my screen to show those. .... Other questions that I should ask Matt on WGAN-TV Live at 5? Happy New Year, Dan Links ✓ WGAN Forum: @MattSCrowder ✓ Immersaf Media ✓ Matt S. Photography ✓ LinkedIn: Matt Crowder ✓ Facebook: Matt S Crowder Photography Example of a REVIT Model courtesy of Immersaf Media Principal Matt Crowder @MattSCrowder

More than a third of recent movers say it's harder to find a house than a spouse New Zillow survey finds most Americans enjoy home shopping more than dating - More than 60% of women prefer home shopping to dating. - Most people say they have more deal breakers and longer wish lists for a romantic partner than for a home. - Nearly 3 in 4 Americans believe they could fall in love at first sight with a home. SEATTLE, Wednesday, Feb. 2, 2022 /PRNewswire/ -- Love is in the air this Valentine's Day, at least when it comes to home. A new survey (i) from Zillow finds 80% of Americans say they love their home. However, finding a home is a lot more challenging in today's hypercompetitive and rapidly appreciating housing market. About one-third of recent moversii (34%) say it's harder to find a house to buy than a spouse, yet most say shopping for a home is more enjoyable. Women are more likely than men to say shopping for a home is more enjoyable than dating; 62% compared to 39% of men. Some psychologists believe looking at for-sale listings can create a mood-boosting chemical reaction in the brain similar to the excitement of a romantic relationship, a phenomenon parodied on SNL. During the pandemic, a record number of users surfed Zillow to escape the stress of their lives and dream of the possibilities a move could bring. "The way we shop for homes is in many ways similar to the way we meet romantic partners," said Zillow home trends expert Amanda Pendleton. "Both involve wish lists, compromises and deal breakers, and much of the legwork happens online. But unlike dating apps, tools like interactive floor plans and virtual 3D home tours mean fewer home shoppers are disappointed when they see a home in person for the first time. Perhaps that's one reason this survey found that far more people think they'll be successful using an app to find a home to buy (76%) than to find a romantic partner (24%)." Another reason may be expectations. Most people (62%) say their wish list for a romantic partner is more difficult to satisfy than their wish list for a home (38%), and 61% say they have more deal breakers when it comes to choosing a partner. Two-thirds of Americans are more willing to compromise on qualities in a home to buy (67%) than qualities in a romantic partner (33%). Still, most people are romantics at heart, at least when it comes to their home. Nearly 3 in 4 Americans believe they could fall in love at first sight with a home (73%), while more than half believe they could fall in love at first sight with a person (54%). While 65% of singles would consider moving to improve their dating prospects, 84% say they would consider moving in order to buy a home. Once they find it, most people love their home (80%). The most common reasons people love their home are the memories associated with it (82%), and their home's location, neighborhood or neighbors (77%). Tools like Zillow's travel-time function, walk score and transit score can help shoppers choose a neighborhood they'll love. As with dating, finding "the one" in today's housing market may be tough, but shoppers can take steps to land their dream home with the right partners, preparation and persistence. Zillow media release continues in the We Get Around Network Forum (www.WGANForum.com) here: https://forum.we-get-around.com/topic/16363/page/1/zillow-more-than-60-of-women-prefer-home-shopping-to-dating/

Orangetheory Fitness Adopts Matterport Digital Twins to Manage Studio Operations Global fitness franchise leverages Matterport digital twins to streamline brand consistency across more than 1,250 U.S. locations SUNNYVALE, Calif., Wednesday, February 2, 2022 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced that Orangetheory®, the fast-growing fitness franchise, will utilize Matterport Capture Services to scan and create digital twins of all its U.S. studios, ensuring design and layout are consistent with global brand guidelines. With more than 1,250 studios across the U.S., Orangetheory’s operational teams will gain significant cost and time savings by enabling highly efficient collaboration, analysis, and decision making using digital twins of its studios remotely. “As we continue to grow the number of our studios across the U.S. and across the globe, it becomes increasingly difficult to access information about specific locations and make informed business decisions,” said Mike Mettler, Chief Development Officer of Orangetheory Fitness. “With Matterport digital twins, we become equipped with accurate, reliable data that allows us to improve our studios and better serve our members. Throughout the process, the efficiency and ease of Capture Services saves us thousands of dollars in travel and labor costs.” To ensure consistency across its U.S. studios, Orangetheory requires accurate, up to date visuals of new and existing locations. Using Matterport Capture Services to create digital twins – photorealistic, 3D replicas of each studio – the company can virtually assess whether a studio is consistent with brand guidelines and advise on required updates, reducing the travel and time required to verify conditions of all locations. In addition, Orangetheory franchisees equipped with a digital twin of their studio can provide a 3D walkthrough of their space for prospective members. “Orangetheory is a great example of a retailer with the newfound ability to improve their operations across many studio locations, by using digital twins to streamline a typically lengthy and costly process,” said Stephanie Lin, Senior Director, Global Retail Strategy for Matterport. “Matterport simplifies the process of obtaining site measurements, verifying store design and layouts, and the ongoing coordination and documentation required between teams. All of this enables retailers to make quicker, well informed decisions that will significantly improve productivity and reduce travel expenses from costly site visits.” Learn more about Matterport for Retail at: go.matterport.com/retail Matterport media release continues in the We Get Around Network Forum (www.WGANForum.com) here https://forum.we-get-around.com/topic/16362/orangetheory-fitness-adopts-matterport-to-manage-studio-operations/

One-Third of Houses for Sale Are New Construction, an All-Time High The share of newly built single-family homes on the market is at a record high as builders try to keep up with surging homebuyer demand fueled by low mortgage rates, low inventory and remote work SEATTLE--Monday, January 31, 2022--(BUSINESS WIRE)--(NASDAQ: RDFN) — More than one-third (34.1%) of U.S. single-family homes for sale in December were new construction, up from 25.4% a year earlier and the highest share on record, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. Newly built homes have taken up an increasing portion of U.S. housing inventory over the last 10 years, with a major acceleration in mid-2020 after the pandemic began. Homebuilders have been busy trying to make up for the lack of existing homes on the market and keep up with high demand. There has been a surge in homebuyer demand since the start of the pandemic, stemming from low mortgage rates and the prevalence of remote work. At the same time, some homeowners have opted to refinance or remodel instead of selling, intensifying the shortage of existing homes for sale. Overall inventory dropped to a record low in December. Inventory of existing homes fell 14.2% year over year in December, and there was a record-low 1.8 months of supply. For new homes, there was 6 months of supply and inventory was up 34.8%. As the share of homes for sale that are newly built has edged up, the share of home sales that are new builds has remained relatively consistent, around 11%. This dichotomy is another indicator that homebuyer demand is far outpacing supply. “A lot of pre-owned homes are being listed, but they are just selling off so quickly—typically in a matter of days—while new homes take longer to sell,” said Redfin Economist Sheharyar Bokhari. “So as a homebuyer, you’re increasingly likely to see new builds when you look up homes for sale in your target area. Existing homes tend to be less expensive and fly off the shelves faster, so people who are just getting into the market should speak to their lender and agent about preparing to act quickly when an existing home that meets their criteria does hit the market this winter.” Redfin media release continued in the We Get Around Network Forum (www.WGANForum.com) here: https://forum.we-get-around.com/topic/16351/redfin-one-third-of-houses-for-sale-are-new-construction-an-all-time-high/

Why Matterport will Build/Sell a Leica BLK360 Clone for Less Than $7,500 Commentary and Analysis by Dan Smigrod Founder and Managing Editor We Get Around Network Forum WGAN-TV Live at 5 WGAN-TV Training U (in Matterport) Every Matterport media release begins with the statement: “Matterport, Inc. … the leading spatial data company driving the digital transformation of the built world.” Yet, the Matterport vision is hard to live up to when its flagship capture solution, the Matterport Pro2 3D Camera, falls short delivering on the Matterport spatial data promise. For example, the Matterport Pro2 3D Camera infrared technology can not create: 1. spatial data of outdoor exterior building fascias 2. spatial data of high ceilings more than a couple stories tall 3. spatial data with the Level of Detail (LOD) needed for many commercial real estate spaces and AEC use cases And, while the Leica BLK360 LiDAR scanner, paired with the Matterport Capture app, does all of the above, its $18,000 price point is simply too high (and capturing spatial data too slow) to create a nationwide network - let alone a worldwide network – of Matterport Service Providers with the necessary gear required for scanning much of the built world. That’s a big-big-big problem for Matterport. Given Matterport’s ambitious plans for its Matterport Capture Services™ On-Demand program - now in 152 cities among seven countries - I could imagine Matterport is missing a massive number of opportunities because its network of “trained and certified Capture Technicians” can not afford an essential tool for capturing spatial data of large commercial spaces (including building exterior fascias) with high ceiling with the LOD required, for example, for: 1. As-Builts (the first step in documenting the life-cycle of a to-be-renovated commercial space) 2. construction documentation (to compare to a BIM model) 3. critical measurements In addition to Matterport Capture Services On-Demand, I could imagine companies such as IFTI/PROvision Solutions which offers Matterport scanning at scale across the United States for as-builts; construction progress documentation; and facilities management; Snappr for Enterprise and other companies that provide Matterport On-Demand services, have the same challenge of sourcing a Network of Matterport Service Providers that own – or are willing to rent – a Leica BLK360 LiDAR scanner. For example, in the last few months, I noticed a pain point/opportunity for IFTI/PROvision Solutions: a significant uptick in IFTI/PROvision Solutions Help Wanted posts in the We Get Around Network Forum specifically for Matterport Service Providers that use a Leica BLK360 for scanning large commercial spaces. (Commentary and Analysis by We Get Around Network Forum Founder and Managing Editor Dan Smigrod continues in the We Get Around Network Forum (www.WGANForum.com) https://forum.we-get-around.com/topic/16349/page/1/why-matterport-will-buildsell-a-leica-blk360-clone-for-less-than-7500/

Matterport Appoints Tom Klein as Chief Marketing Officer Seasoned marketing leader from Mailchimp to lead global brand and growth strategy as the company continues its aggressive market expansion SUNNYVALE, Calif., Monday, Jan. 31, 2022 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced the appointment of Tom Klein as Chief Marketing Officer (CMO). In this role, Klein will be responsible for aligning Matterport’s global marketing initiatives to elevate the global brand, drive growth across key vertical markets, and help its customers and partners win. Klein brings more than 20 years of experience spearheading marketing efforts for some of the world’s leading brands and has a passion for operating at the intersection of marketing and technology. "As we continue our rapid pace of innovation and expansion of our global platform, it’s essential that our customers remain the focal point,” said RJ Pittman, Chief Executive Officer of Matterport. “Tom’s tremendous experience scaling brands and driving global adoption to reach the billion-dollar run rate will be instrumental to the massive opportunity in front of us. His experience leading large, global teams and delivering innovative, brand-building campaigns with the customer at the center of it all, will readily accelerate our mission to make every space more valuable and accessible,” he added. Klein joins Matterport from Mailchimp, a leading marketing and commerce platform, where he led marketing and strategic partnerships in his role as Global Chief Marketing Officer. Under his leadership, Klein helped grow revenues nearly four-fold to over $800M in 2020. The impact of his strategic marketing initiatives contributed to the successful acquisition of Mailchimp by Intuit for $12 billion in 2021, the largest in Intuit’s history. At the time of the acquisition, the company had 13 million total users, 2.4 million monthly active users, and 800,000 paying customers. Prior to Mailchimp, Klein founded Digital Scientists, a digital marketing and software development company, and worked closely with global brands including Chanel and Kraft. “Over the past ten years, Matterport has defined and led the category for digitizing the built world,” said Klein. “As the company turns toward its next decade of growth, I see enormous untapped potential to scale the platform across key vertical markets around the globe. I am excited to amplify the Matterport global brand and unlock the power of the digital twin for this unparalleled $230 trillion asset class.” Matterport media release continues in the We Get Around Network Forum (www.WGANForum.com) here: https://forum.we-get-around.com/topic/16345/matterport-appoints-tom-klein-as-chief-marketing-officer/

Wondering about the history of Matterport through the lens of a Matterport Service Provider since the "early days"? On Thursday, 27 January 2022 at 5 pm EST (GMT - 5), my guest will be Hopscotch Interactive Founder Emily Olman (@Hopscotch): ✓ WGAN-TV Live at 5 | Matterport Timeline: 2014-2022 | Milestones, Insight and Commentary In the video (above), you can get a taste of the milestones. I will ask Emily for more insight and commentary about the "history" of Matterport from the perspective of a Matterport Service Provider. What questions should I ask Emily on WGAN-TV Live at 5? Best, Dan

Retail VR Uses Matterport Digital Twins to Improve Retail Operations and Merchandising Luxury fashion brand saves 1,200 tons of carbon emissions with a single virtual showroom by eliminating unnecessary travel SUNNYVALE, Calif., Thursday, Jan. 27, 2022 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced that Retail VR (www.retail-vr.com), a virtual reality and augmented reality platform, has enabled dramatic cost and time-savings for a variety of retail clients, from food to fashion brands, through the adoption of Matterport digital twins. Using Matterport Pro2 3D cameras and software development tools available to Matterport platform partners, Retail VR is enabling retailers around the world to collaborate with store employees and connect with visitors and customers using a shared digital version of each physical location. “As the world continues to shift online, retailers must adapt with innovative, virtual shopping experiences,” said Adrien Zanelli, Co-Founder and Head of International Business Development for Retail VR. “Combining Matterport’s digital twins with our virtual and augmented reality platform will continue to unlock new efficiencies and cost savings for our clients, while also helping them meet their customers’ expectations for an immersive, online shopping experience.” Matterport media release continues in the We Get Around Network Forum (www.WGANForum.com) https://forum.we-get-around.com/topic/16332/page/1/retail-vr-uses-matterport-to-improve-retail-operations-and-merchandising/

Sales of Luxury Homes Dropped 16.3%; Most Affordable Homes Sales Rose 11% Year-Over-Year SEATTLE--Thursday, 27 January 2022--(BUSINESS WIRE)-- (NASDAQ: RDFN) — Sales of the most affordable homes in the U.S. rose 11.3% year over year in the fourth quarter of 2021, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. Meanwhile, sales of luxury homes dropped 16.3%. Sales of affordable homes are on the rise as the job market strengthens, especially for lower-wage workers, and real estate investors buy a record share of U.S. homes. At the same time, inventory in the most affordable price tier is up as the end of pandemic-driven mortgage forbearance and foreclosure moratorium policies encourages Americans to put their homes on the market. “The market for homes at lower price points is booming for a few reasons. Not only is there demand from workers who are now earning higher wages, but investors, who have an appetite for lower-priced homes, are buying up properties at record rates,” said Redfin Chief Economist Daryl Fairweather. “And with the end of both mortgage forbearance and the foreclosure moratorium, many homeowners who don’t have much cash in the bank are choosing to sell their homes to clear their mortgage debt, providing plenty of supply to meet the high demand.” For luxury homes, the big year-over-year sales drop is partly due to a surge during the fourth quarter of 2020, when affluent Americans took advantage of low mortgage rates and remote work to buy high-end homes. Sales are also constrained by a lack of supply. Luxury sales are still elevated above pre-pandemic levels—sales were up by nearly 27% from the last quarter of 2019 to the last quarter of 2021—but the initial pandemic-driven frenzy for high-end homes is calming down. Redfin media release continues in the We Get Around Network Forum (www.WGANForum.com)

Matterport Appoints Former SAP Executive Ben Corser as Managing Director of its Asia Pacific Operations 25-year industry veteran to scale Matterport adoption across the largest property markets in the world SUNNYVALE, Calif., Tuesday, January 25, 2022 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced the appointment of Ben Corser as Managing Director of Asia-Pacific (APAC). Corser will leverage over 25 years of experience in strategic growth planning, team building and partnership development for technology companies to help Matterport expand its presence in the region as the company enters its next phase of growth. “We are pleased to welcome Ben to the team as we increase investment in the region to help customers in APAC experience the revolutionary Matterport technology,” said Jay Remley, Chief Revenue Officer at Matterport. “Asia is home to over half of the world's population and over 80 percent of the 50 world's tallest buildings, making up the largest region of built spaces globally. With Ben’s proven track record in building and leading large, world-class technology teams to bring customers world-class technologies, we’re confident in his ability to guide the business forward in the region.” Corser has deep knowledge of the APAC region and market dynamics. He joins Matterport from SAP where he built and led high-performing technology partner and channel ecosystems teams in APAC and led direct engagement with key customers. Prior to SAP, he was Asia-Pacific and Japan (APJ) Channel Director at EMC (now Dell EMC), managing the company’s RSA partner team and channel business. Prior to EMC, Corser led Nokia’s enterprise software go-to-market strategy and business for APJ channels and partners including driving the ‘Nokia for business’ software solution. Earlier on in his career, Corser was Enterprise Software Partner Manager at Microsoft in Australia and New Zealand. Matterport Media Release continues in the We Get Around Network Forum (www.WGANForum.com) here: https://forum.we-get-around.com/topic/16313/page/1/matterport-announces-managing-director-of-its-asia-pacific-operations/

Urbanimmersive Announces its 2021 Audited Financial Results SAINT-HUBERT, Quebec, Tuesday, Jan. 25, 2022 (GLOBE NEWSWIRE) -- Urbanimmersive Inc. (“Urbanimmersive,” the “Company” or “UI”) (TSV-V UI) (OTCQB: UBMRF) today announced select audited financial results and presents business highlights for its fourth quarter and fiscal year ended September 30, 2021. The audited consolidated financial statements and related management’s discussion and analysis (“MD&A”) can be viewed on SEDAR at https://www.sedar.com/. Highlights 1. For 2021, the Company generated revenues of $4,069k compared to revenues of $4,594k for 2020, a decrease of $525k or 11%. This decrease of $525k is explained by the significant decrease in sales of 3D photography equipment (-$603k) as well as the decrease in SaaS revenues (-$209k or -7%) mainly explained by the challenging real estate market, partially offset by the addition of service revenues (+$307k) coming from the photography agencies acquired on June 30, 2021; For Q4-21, the Company generated revenues of $1,090k compared to revenues of $1,441k for Q4-20, a decrease of $351k. 2. Sales of 3D immersive tours in Q4-21 increased by 237% when compared to Q4-20 while having increased by 207% in 2021 while compared to 2020. 3. The Company closed a non-brokered private placement of $2.9m in April 2021 and adopted an accelerated growth plan in June 2021 with $1.6m being used to complete the strategic acquisitions of three real estate photography agencies: EGP Technovirtuel Inc. ('EGP'), Graphique ID Solutions Inc. ('Graphique ID') and La Clique Mobile. As of September 30, 2021, the Company had liquidities of $2.0m and a positive working capital of $1.1m. 4. During the year, the Company reduced its long-term debt by $4.7m, with $4.5m through the conversion of all of its convertible debentures; 5. During the year, the Company launched many new products, in particular UI Capture 2.0, a dollhouse and its flagship interactive 3D tour, UiMeet3D, for which three patent applications were filed during the year. Urbanimmersive Media Release continues in the We Get Around Network Forum (www.WGANForum.com) here: https://forum.we-get-around.com/topic/16311/page/1/urbanimmersive-announces-its-2021-audited-financial-results/

Redfin Reports the Share of Homebuyers Looking to Relocate Is Near Pandemic Peak Nearly one-third of Redfin.com users looked to move away from their hometown in the fourth quarter, close to the record high set in the first quarter SEATTLE, Tuesday, January 25, 2022 - BUSINESS WIRE (NASDAQ: RDFN) – Nationwide, 31.2% of Redfin.com users looked to move to a different metro in the fourth quarter of 2021, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. That number is down from the record high of 31.5% set in the first quarter of last year, but is still up significantly from pre-pandemic levels, with 26.3% of Redfin.com users looking to relocate in the fourth quarter of 2019. Homebuyer interest in relocating to a new part of the country rose with the onset of the pandemic and has remained elevated for nearly two years. That’s partly due to low mortgage rates and partly the surge in remote work that’s allowing Americans to choose where they live based on things like affordability and weather rather than proximity to an office. The latest migration analysis is based on a sample of about 2 million Redfin.com users who searched for homes across 111 metro areas in the fourth quarter, excluding searches unlikely to precede an actual relocation or home purchase. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a particular metro area, and homes in that area must have made up at least 80% of the user’s searches. Redfin’s migration data goes back to 2017. Redfin Media Release continues in the We Get Around Network Forum (www.WGANForum.com) here: https://forum.we-get-around.com/topic/16308/page/1/4q-nearly-13-of-redfincom-users-looked-to-move-away-from-their-hometown/

RICOH THETA unveils new 360-degree camera model: THETA X Hitting the market in March 2022, the advanced model features many firsts for the brand including a large touch screen display for enhanced usability TOKYO, Monday, Jan. 24, 2022 /PRNewswire/ -- Ricoh Company, Ltd. (President and CEO: Yoshinori Yamashita) today announced the launch of the RICOH THETA X. Designed in pursuit of enhanced usability and outstanding quality, this advanced model joins RICOH THETA's series of 360-degree cameras that shoot immersive still images and videos in a single shot and is equipped with many firsts for the brand: a large touch screen, interchangeable battery, and external memory card. Experience the interactive Multichannel News Release here. The RICOH THETA X's most innovative feature is the 2.25-inch full-color touch screen display, making standalone camera use much easier by reducing the need to connect to a remote control or smartphone app. Other first-time function additions include an interchangeable battery and an external memory card for more efficient and reliable shooting. Smartphone connectivity has also been improved, as the RICOH THETA X no longer requires the need to enter an SSID when establishing a Bluetooth connection. RICOH THETA X also boasts real-time stitching capabilities with stabilization, removing the need to stitch videos – this improves the processing time of 360-degree videos on computers drastically. "Since RICOH THETA released the world's-first 360-degree camera in 2013, it has been utilized in a wide range of fields to expand the possibilities of photographic and video expression. The pandemic caused an even greater need for immersive imagery and virtual tours to boost business efficiency, especially in the real estate, construction, design, and automotive industries—and we only expect that to expand into additional industries," said Shinobu Fujiki, General Manager of RICOH Company's THETA Business division. "As we strive to meet the needs of our customers through the innovation of our digital devices and services, this camera is designed to help streamline workflows and deliver high-quality imagery for business users and consumers alike." Ricoh Company Media Release continues in the We Get Around Network Forum (www.WGANForum.com) here: https://forum.we-get-around.com/topic/16301/page/1/ricoh-theta-unveils-new-360-degree-camera-model-theta-x/

Geo Week 2022 Exhibit Floor is Sold Out & Live Event Going Forward Feb 6-8, 2022 in Denver 140+ geospatial and built world technology solutions providers to exhibit at Geo Week PORTLAND, MAINE – USA – Monday, January 24, 2022 – Organizers of Geo Week, the single powerhouse event that champions the coming together of geospatial technologies and the built world, have announced that the show floor is officially sold out. An impressive list of more than 140+ exhibitors from around the globe will exhibit at the 2022 event, which will take place in person February 6th – 8th, 2022 at the Colorado Convention Center, Denver CO. “After an extraordinary time apart, we’re excited to define the newest iteration of Geo Week: the coming together of AEC Next Technology Expo & Conference, International Lidar Mapping Forum, and SPAR 3D Expo & Conference, along with partners events ASPRS Annual Conference, MAPPS Winter Conference, and USIBD Annual Symposium,” said Lee Corkhill, Group Director at Diversified Communications, organizer of the event. “Geospatial and built world professionals are eager to be back together in person, as evidenced by the sold-out exhibit floor, strong registration numbers, and a palpable excitement among the industry insiders we’re speaking with. There’s no substitute for the learnings, connections, and growth that occur at a live event, and we’re thrilled to be bringing the industry together again.” Geo Week Media Release continues in the We Get Around Network Forum (www.WGANForum.com) here: https://forum.we-get-around.com/topic/16293/page/1/geo-week-exhibit-floor-sold-out-live-event-going-forward-feb-6-8-2022/

USA Matterport Class Action - Update as of Jan. 20, 2022 Plaintiff's Second Amended Compendium of Facts and Citations to Evidence -- After reviewing tens of thousands of internal Matterport documents, and taking several depositions of Matterport employees, we recently filed a motion to certify a nationwide class of MSPs. You can download the legal memorandum in support of the motion, and the compendium highlighting the evidence and testimony, by clicking on these links: ✓ Memorandum in Support of Plaintiff's Motion for Class Certification ✓ Plaintiff's Second Amended Compendium of Facts and Citations to Evidence I believe you will be shocked to learn what was actually going on within Matterport while they were enrolling you into the MSP program. If you have any insight into the factual issues raised in these documents, or if you have any questions about the lawsuit, please contact me in confidence. Continued in We Get Around Network Forum (www.WGANForum.com) here: https://forum.we-get-around.com/topic/16282/page/1/usa-matterport-class-action---update-as-of-jan-20-2022/

Are We in a Housing Bubble? Homebuyers Say Yes, Redfin Expert Says No Historically fast home-price growth has homebuyers and sellers worried the market has become detached from reality. But Redfin’s chief economist says rising mortgage rates and buyers who can afford their homes are preventing a bubble. SEATTLE--(Friday, January 21, 2022)--BUSINESS WIRE--(NASDAQ: RDFN) — More than three-quarters (77%) of homebuyers and sellers believe there’s a housing price bubble in the area where they live, according to a survey in a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. Meanwhile, 44% of real estate agents believe there’s a housing bubble in the market where they work. The former is from a Redfin-commissioned survey of 1,500 U.S. residents who are planning to buy or sell a home in the next 12 months fielded by research technology company Lucid from December 10 to 13, 2021. The latter is from a Redfin survey of 360 real estate agents from October 2021. Redfin Media Release continued in the We Get Around Network Forum (www.WGANForum.com) here: https://forum.we-get-around.com/topic/16289/page/1/are-we-in-a-housing-bubble-homebuyers-say-yes-redfin-expert-says-no/

My guest on WGAN-TV Live at 5 on Thursday, 20 January 2022 is HomeJab Founder and Owner Joe Jesuele. Joe will discuss: ✓ HomeJab Professional Real Estate Photographer Survey Results You can get a taste of the HomeJab Survey results here: https://forum.we-get-around.com/topic/16286/page/1/transcript-wgan-tv--homejab-pro-real-estate-photographer-survey-results/

Inventory down 40% from pre-COVID level as price growth intensifies Competition already fierce as shoppers start the buying season early - Home value appreciation accelerates, breaking new records with 19.6% annual gain - Inventory drops below 1 million to record-low levels -- down 40.5% from December 2019 - Rents are up 15.7% from last year, but growing at their slowest pace since March SEATTLE, Thursday, Jan. 20, 2022 /PRNewswire/ -- The home shopping season appears to already be in full swing, as anxious buyers outnumbered dwindling new listings and drove inventory to record low levels in December. Limited supply is already pushing price growth up, as Zillow®'s latest market report1 shows monthly home value appreciation accelerated for the first time since July. In addition to not wanting to wade into such a tight market as a buyer, homeowners could be hesitant to list their houses and move due to a resurgence in coronavirus cases and employers' rising uncertainty about post-pandemic working arrangements, according to a recent Zillow survey. "Home shoppers picked the shelves clean this December, leaving fewer active listings than ever before in the U.S. housing market," said Jeff Tucker, senior economist at Zillow. "Enough determined buyers kept up their house hunt to reignite monthly price appreciation. Rising mortgage rates could be the next potential headwind, but demand has proven persistent; neither high prices nor slim inventories have deterred buyers so far." The typical home value is now $320,662, 19.6% above that of December 2020. The annual growth rate represents an all-time high in data dating back more than 20 years. After decelerating since July, month-over-month home value appreciation reignited, jumping from 1.2% in November to 1.4% in December. Zillow Media Release continues in the We Get Around Network Forum (www.WGANForum.com)

Knock 2022 Housing Forecast Reveals the Best Markets for Each Stage of Life Austin is the best market for millennials, Miami rises to the top for Gen X and Pittsburgh ranks No. 1 for baby boomers NEW YORK, Thursday, Jan. 20, 2022 /PRNewswire/ -- With affordability and limited supply expected to keep the housing market competitive and remote work and the desire for more space influencing decisions on where to live, Knock, the fast-growing homeownership platform that makes all homebuyers Power Buyers, today released its ranking of the best housing markets by generation in 2022. Austin, Texas, ranks No. 1 for millennials, while Miami is the best market for Gen X and Pittsburgh tops the list for baby boomers. Two markets – Austin and Knoxville, Tenn. – are the only metros to make two lists. "Although we do expect the housing market to moderate in 2022, homebuyers will continue to face many of the same challenges they did last year. Rising interest rates will offset any relief buyers get from slowing home price growth. The good news is the rise in remote work has given many people the freedom to rethink where they want to live, opening up options for those willing to explore new cities that offer relative affordability, growing economies and access to the amenities important to them," said Knock Co-Founder and CEO Sean Black. To compile the list of top markets, Knock ranked the nation's 100 largest metropolitan areas based on affordability, the availability of housing stock and key attributes important at each stage of life. The analysis takes into account Knock's 2022 housing forecast which expects the national median sale price to grow 8% to $399,484 year-over-year, homes to sell in an average of 20 days down from 22 in 2021 and months of supply to fall 11% to 2.1, well below the average of four to five months in a balanced market. With six of the top 10 millennial markets located in the South and two each in North Carolina and Texas, the top 10 millennial markets in rank order are: Austin, Texas; Des Moines, Iowa; Charleston, S.C.; San Antonio; Atlanta; Providence, R.I.; St. Louis; Winston-Salem, N.C.; Charlotte, N.C. and Spokane, Wash. More geographically diverse than the best markets for its younger and older counterparts, the top 10 markets for Gen X in rank order are: Miami; Austin, Texas; Knoxville, Tenn.; Portland, Ore.; Boise, Idaho; Omaha, Neb.; Raleigh, N.C.; Phoenix; Salt Lake City and Boston. Knock Media Release continued in the We Get Around Network Forum (www.WGANForum.com) here: https://forum.we-get-around.com/topic/16275/page/1/knock-2022-housing-forecast-reveals-the-best-markets-for-each-stage-of-life/

Matterport Continues the Global Expansion of its Capture Services On-Demand Online Service to Five Additional Countries Company adds five countries and 21 new cities as businesses worldwide move to adopt Matterport digital twins SUNNYVALE, Calif., Thursday, Jan. 20, 2022 (GLOBE NEWSWIRE) -- Matterport, Inc. (“Matterport”) (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced a sweeping global expansion of Matterport Capture Services™ On-Demand coverage. As companies pursue a fast, simple, and cost-effective solution to digitize their spaces, Matterport has expanded into five countries, adding 21 new cities with services now available in France, Netherlands, Ireland, Canada, and Singapore. With today’s announcement, Matterport Capture Services is now available in seven countries and 152 cities. Capture Services On-Demand delivers a 3D digital twin of any space, produced by trained and certified Capture Technicians within supported cities. Using Matterport’s Capture app and Pro2 3D camera, spaces are transformed into an immersive, precise 3D digital twin and delivered to the customer to access, manage, and share the space more effectively. These digital twins are changing how buildings are designed, built, promoted, and managed online across a variety of industries, including allowing real estate teams to better optimize the workplace. Canoa, the first scaling platform for sustainable design and deployment of commercial real estate assets, uses Matterport in the retrofit process to survey and document the as-built conditions, traditionally a laborious and error-prone process. With Matterport, Canoa can capture a space and convert it into a digital twin that has accurate spatial data and 3D imagery in 4K resolution. The company then generates accurate floor plans to help them redesign spaces and allocate assets for clients with ease and accuracy. Matterport Media Release continues in the We Get Around Network Forum (www.WGANForum.com) here: https://forum.we-get-around.com/topic/16272/matterport-capture-services-on-demand-5-more-countries21-more-cities/

Matterport Delivers 30 Percent Increase in Sales for Allseated Hospitality Clients Together with Matterport, Allseated is transforming the event planning industry with digital twins and virtual reality SUNNYVALE, Calif., Wednesday, January 19, 2022 (GLOBE NEWSWIRE) -- Matterport, Inc. (“Matterport”) (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, is transforming the event planning industry with technology platform partner, Allseated (www.allseated.com). Using Matterport’s digital twins to create its virtual venues, Allseated gives venues a way to showcase their event spaces and book events without the need for onsite meetings. To date, the partnership has driven: 1. 30 percent increase in sales for Allseated hospitality clients investing in digital twin-based virtual venue tours and space planning tools. 2. 60 percent greater operational efficiency for venues and event professionals who save 2.5 hours in time spent diagramming and managing day-of set up errors. For example, if they normally pay $20 per person per hour on day-of for set up, the time saved using Allseated leads to a savings of $45-50 per person per event, which leads to a savings of at least $6-7K per year. 3. More accurate space dimensions and visual details, resulting in fewer event planning mistakes and an optimal experience for event attendees While some events have transitioned back in-person, virtual venue tours have become common during the pandemic. Using Matterport’s Pro2 3D camera, Allseated creates immersive, full-color, high-resolution digital replicas of venues, including spatial data and measurements. Using Matterport APIs and software development kits (SDKs), venues can showcase their events spaces and book events while event professionals can more easily visualize the furnishing, decor, and other logistics in collaboration with vendor teams and clients using a laptop, mobile device or virtual reality (VR) goggles. “With our platform partner, Matterport, event professionals using Allseated can create a comprehensive plan for their clients within a fraction of the time it would usually take,” said Sany Hammer, Co-Founder and Chief Marketing Officer of Allseated. “Event professionals and their clients can remotely design and explore the venue while walking around and making changes in real time. We provide an immersive, visual experience all from the comfort of your couch.” Allseated takes venue digital twins to the next level with its virtual/hybrid event platform EXVO. Equipped with video and livestream technology, attendees will have the ability to navigate around a digital twin-based event and connect with other virtual participants, networking as though they were attending in person. “As the world continues to adapt to a variety of ways to attend events, virtual planning and attendance is very effective and highly efficient,” said Bill Linehan, Global Strategy Lead for Travel and Hospitality at Matterport. “Matterport is well on its way to digitizing the built world so companies can utilize digital twins to be more efficient and productive. We are pleased to support Allseated as they digitally transform the events industry and take it virtual.” Read more about how Allseated uses: Matterport Case Studies. (www.Matterport.com) Matterport Media Release continues in the We Get Around Network Forum (www.WGANForum.com) here: https://forum.we-get-around.com/topic/16261/matterport-delivers-30-increase-in-sales-for-allseated-hospitality-clients/

PropTech Consulting Blog ((www.goproptech.com)) (Tuesday, 18 January 2022) Revolutionizing Real Estate: How Mobile 3D LiDAR will change the Industry The past few years have been a case study in finding creative solutions for unpredictable situations. The spread of the COVID-19 pandemic has impacted global market conditions for every industry segment. Because of the fundamental need for shelter, employment, manufacturing and storage, the real estate industry has been at the forefront of these changes. The limitations of the pandemic have forced the key players to adapt and rethink their strategy to survive, and hopefully flourish. As an example, a key advancement is the acceleration and implementation of 3D technology for the commercial and residential real-estate sectors. In digital spaces, having access to 3D information enhances decision-making by simulating a panoramic, high-resolution walkthrough and allowing for interactivity. Until recently, the real estate industry was reliant on specialized 3D capture equipment to create interactive maps and develop engaging digital experiences. This was primarily due to the specialized nature of this technology and the skillset required to capture 3D information. Advancements in 3D capture technology are rapidly changing the landscape with accessible 3D capture options. Mobile 3D Scanning 3D Scanning has emerged as a transformative force in the real-estate sector with the growth of detection sensors on smartphones. A key step in this growth has been the introduction of the LiDAR sensors in Apple devices. Operating at nano-second speeds, LiDAR is a pulsed laser that generates a 3D model with greater accuracy than just a simple camera. Now a standard feature in iPhone Pro and iPad devices, the inclusion of the sensor paves the way for improved 3D capture for users. Before exploring the possibilities offered by smartphone 3D capture tools, let’s evaluate the existing 3D scanning tools available on the market. Continues on the We Get Around Network Forum (www.WGANForum.com) here: https://forum.we-get-around.com/topic/16253/page/1/revolutionizing-real-estate--how-mobile-3d-lidar-will--change-the-industry/

Redfin Survey: 1 in 10 Homebuyers and Sellers Say Climate Risk is Main Reason For Move Roughly half have spent at least $1,000 to protect their homes against risks related to climate change, like wildfires and flooding SEATTLE --(Wednesday, 19 January 2022 | BUSINESS WIRE) -- (NASDAQ: RDFN) — One in 10 homebuyers and sellers say climate-related risks—hurricanes, flooding, wildfires, extreme temperatures and/or rising sea levels—are the primary reason for their move, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. Thirty-nine percent say these risks are contributing factors for their move. “As natural disasters become more unavoidable, climate change is top of mind for homeowners in a way it wasn’t 10 years ago or even two years ago,” said Redfin Chief Economist Daryl Fairweather. “Moving to homes in neighborhoods with lower risk and away from places with higher risk is a trend that will pick up speed in the next decade as people feel the impact of disasters like fires, floods and extreme heat both financially and emotionally. It’s expensive to protect your home or to fix water or fire damage, and many homeowners in high-risk areas like parts of California and coastal Texas are exhausted from worrying about the next wildfire or hurricane.” Natural disasters and other weather-related events like extreme heat and cold have steadily increased over the last several decades, and 2021 was no exception. The national focus on climate change and natural disasters has made it difficult for many homebuyers and homeowners to ignore the risks associated with certain areas. Still, affordability can outweigh climate risks for people who are relocating. U.S. counties that are prone to natural disasters gained residents from 2016 to 2020, while counties with relatively low risk lost residents, according to an August Redfin analysis. That’s in part because many places with high climate risk are relatively affordable, with lower property taxes and more housing options. Move-up homebuyers are more likely to factor in climate risks When the responses are divided between first-time homebuyers (people who are only buying a home) and move-up buyers (people who are selling a home and buying a new one), move-up buyers are twice as likely to cite climate risks as the primary reason for their move. “It only takes one flooded basement or leaky roof for a homeowner to realize they never want to deal with that again,” Fairweather said. “People don’t realize how costly it is to maintain a home, especially one that’s located in an area prone to natural disasters, until they experience it for themselves. Homeowners are more likely to factor those high costs into their moving decisions. First-time buyers should look out for costly projects like leaky roofs before purchasing a home, and they should also look for climate-friendly improvements that will provide a good return on investment, like swapping out grass for drought-tolerant landscaping.” More than half of homebuyers and sellers have spent at least $1,000 to protect their home against natural disasters Fifty-two percent of respondents have invested money to make their home more resilient to climate risks and natural disasters including hurricanes, tornadoes, flooding, rising sea levels, extreme temperatures, wildfires, droughts and/or earthquakes. Seventeen percent of respondents have invested between $5,000 and $10,000 to protect their homes, and another 16% have invested between $10,000 and $20,000. Local governments are also grappling with rising expenses due to climate change, Fairweather said. “As more homes get damaged by natural disasters, it’s becoming increasingly important for municipalities to invest in protecting against climate change,” she said. “Cities will need to reevaluate their zoning guidelines and build more housing in non-disaster-prone areas.” To read the full report, including charts, please visit Redfin Data Center. About Redfin Redfin (www.redfin.com) is a technology-powered real estate company. We help people find a place to live with brokerage, instant home-buying (iBuying), rentals, lending, title insurance, and renovations services. We sell homes for more money and charge half the fee. We also run the country's #1 real-estate brokerage site. Our home-buying customers see homes first with on-demand tours, and our lending and title services help them close quickly. Customers selling a home can take an instant cash offer from Redfin or have our renovations crew fix up their home to sell for top dollar. Our rentals business empowers millions nationwide to find apartments and houses for rent. Since launching in 2006, we've saved customers more than $1 billion in commissions. We serve more than 100 markets across the U.S. and Canada and employ over 6,000 people. For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, vis

Redfin Reports 3 in 5 Home Offers Faced Bidding Wars in December, Even Amid Holiday Slowdown Many homebuyers are writing upwards of five offers before finding success as remote work, an ongoing housing shortage and low mortgage rates fuel bidding wars SEATTLE--January 18, 2022--(BUSINESS WIRE)--(NASDAQ: RDFN) —Nationwide, 59.6% of home offers written by Redfin agents faced bidding wars in December 2021, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. That’s the lowest share in 12 months and down from a revised rate of 61.3% in November, but up from 54% in December 2020. Competition has dipped in recent months partly because the housing market typically slows in the winter, with many buyers and sellers taking a break during the holidays. But while the bidding-war rate has fallen from its pandemic peak of 74.6% in April 2021, the housing market remains quite competitive as house hunters grapple with a record shortage of homes for sale. “Buyers should anticipate that they may not win a house until their sixth or seventh bid. If you’re the type of person who falls in love with a house, this is not your market,” said Candace Evans, a Redfin team manager in New York. “If you show a house to 10 buyers, you’ll probably get eight offers. An agent on my team just put a home in the Bronx on the market and started receiving offers even though there hadn't been a single open house or tour yet. The house ultimately received over 10 offers and went for well above the asking price.” The housing market has been remarkably hot during the pandemic as low mortgage rates and remote work have encouraged Americans to move and buy homes. More than half of Redfin offers have faced bidding wars since May 2020. But with rising mortgage rates now making the homebuying process more expensive, some buyers may no longer be able to stretch their budgets in order to write offers competitive enough to win. Pricey Homes Are Most Likely to Face Bidding Wars Nearly two-thirds (64.6%) of offers for homes priced between $800,000 and $1 million faced bidding wars in December, the highest share of any price bucket. Next came homes in the $1 million to $1.5 million range (62%), followed by homes priced over $1.5 million (61.7%). Vacation homes, which are often pricey, have become increasingly popular during the pandemic—one possible explanation for elevated competition in the high-end market. The lower price buckets were competitive as well, with more than 55% of offers for homes priced between $200,000 and $800,000 facing bidding wars. Townhouses were the most competitive property type, with 62% of offers facing competition, followed by single-family homes, at 61.3%. Next came multi-family (54.7%) and condos (53.3%). Many house hunters are likely eyeing townhouses after being priced out of the market for single-family homes. Salt Lake City and Tucson Have the Highest Bidding-War Rates Salt Lake City had the highest bidding-war rate of the 37 U.S. metropolitan areas in this analysis, with 74% of offers written by Redfin agents facing competition in December. Next came Tucson, AZ at 73.1% and San Diego, CA at 71.1%. Virginia Beach, VA and Seattle, WA rounded out the top five, with bidding-war rates of 70.6% and 70%, respectively. Metros must have had at least 20 offers recorded by Redfin agents in both December 2021 and November 2021 to be included in this analysis. “I’ve been working with two clients since October and finally got them under contract after they lost out on seven other homes,” said Jennifer Ciacci, a Redfin agent in Portland, OR, where the bidding-war rate was 65.1% last month. “I haven’t seen inventory this low since I started in real estate. Buying a home today is emotionally exhausting, but house hunters aren’t giving up. I’m seeing buyers jump in and write a few offers, lose bidding wars and then retreat for a bit. But they usually end up coming back once they’ve had a chance to lick their wounds.” Ciacci continued: “I tell my buyers not to compromise everything by giving up all the contingencies and safe-guards that are in place to protect them. They need to be aggressive in order to win, but shouldn’t put their family’s financial health in jeopardy by doing things like blindly waiving inspections altogether.” To view the full report, including charts and methodology, please visit: Redfin Data Center About Redfin Redfin (www.redfin.com) is a technology-powered real estate company. We help people find a place to live with brokerage, instant home-buying (iBuying), rentals, lending, title insurance, and renovations services. We sell homes for more money and charge half the fee. We also run the country’s #1 real-estate brokerage site. Our home-buying customers see homes first with on-demand tours, and our lending and title services help them close quickly. Customers selling a home can take an instant cash offer from Redfin or have our renovations crew fix up their home to sell fo

Matterport, Inc. Announces Completion of Redemption of Public Warrants SUNNYVALE, Calif., Jan. 18, 2022 (GLOBE NEWSWIRE) -- Matterport, Inc. (“Matterport” or the “Company”) (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced the results of its previously announced redemption of all of its outstanding publicly held warrants (“Public Warrants”) to purchase shares of the Company’s Class A common stock, par value $0.0001 per share (“Common Stock”). Between December 15, 2021, the date on which the Company announced the redemption of all of its outstanding Public Warrants, and January 14, 2022 (the “Redemption Date”), approximately 9.1 million shares of Common Stock have been issued upon the exercise of Public Warrants by the holders thereof at an exercise price of $11.50 per share, resulting in aggregate proceeds to Matterport of approximately $104.3 million. All unexercised and outstanding Public Warrants as of 5:00 p.m. New York City time on the Redemption Date were redeemed at a price of $0.01 per Public Warrant and, as a result, no Public Warrants currently remain outstanding and the Public Warrants have ceased trading on the New York Stock Exchange. Warrants to purchase Common Stock that were issued under the Warrant Agreement in a private placement simultaneously with the Company’s initial public offering and that are still held by the initial holders thereof or their permitted transferees were not subject to this redemption and remain outstanding. “We are pleased to announce that we have raised a total of $104.3 million through exercises of public warrants in connection with the redemption process,” said JD Fay, Chief Financial Officer of Matterport. “We also saw private warrants exercised during this period, leaving just 1.7 million in total outstanding warrants. The combined redemption and exercises also simplify our capital structure.” About Matterport, Inc. Matterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking spatial data platform turns buildings into data to make nearly every space more valuable and accessible. Millions of buildings in more than 194 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at matterport.com and browse a gallery of digital twins. ©2021 Matterport, Inc. All rights reserved. Matterport is a registered trademark and the Matterport logo is a trademark of Matterport, Inc. All other marks are the property of their respective owners. Source: Matterport

Are you experiencing a race-to-the-bottom in pricing in your market? Make potential virtual tour competitors irrelevant with mashups (example above). If a potential client says - "I want a virtual tour like that!" - it's likely that few virtual tour photographers would know how to do this mash-up (or lack the gear and software) that uses: 1. ThreeSixty Tours for aerial hero image with 3D and 360 location pins 2. Matterport - Look for 3D location pins 3. Leica BLK360 - Outdoor scanning of a golf course 4. Labpano Pilot Era - for individual 360 photo spheres The creator of the virtual tour above is: Brisbane, Australia-based Wingman Media Brisbane (@Wingman) Owner Mike Lysov. Mike will be my guest on WGAN-TV Live at 5 on Thursday, 13 January 2022: ✓ WGAN-TV: How to Make Potential Virtual Tour Competition Irrelevant with Mashups Demo and discussion will include: 1. Demo This Tour - including pointing out which gear and software was used to create each feature 2. Behind-the-Scenes Tour - show the how - backend - of ThreeSixty.Tours hosting platform for this tour 3. Discuss how this virtual tour helps make potential virtual tour competitors irrelevant with mashups With so many 3rd party tools and solutions for virtual tour photographers, it's likely that you can mash-up services – and gear - to create an offering that makes your potential competitors irrelevant. Special Offer for We Get Around Network Standard Members ✓ Free use of ThreeSixty Tours (Whitelabel Pro 5 Domain Subscription) as long as you are a Standard Member (Saves $19.99 monthly) | Highlights of WGAN Standard Membership Benefits | Join WGAN Standard Member Questions I should ask Mike on this episode of WGAN-TV Live at 5? WGAN Forum Related Discussions ✓ How to Make Money with ThreeSixty Tours; Making Your Competition Irrelevant ✓ WGAN-TV Live at 5: How to Make Your Matterport Competition Irrelevant ✓ Blue Ocean: Make the Competition Irrelevant ✓ Transcript: WGAN-TV Intro to 3DVista Virtual Tour Pro Software for MSPs Happy New Year, Dan P.S. The top-of-the-line ThreeSixty Tours Whitelabel Pro Domain 5 Plan includes: ✓ Responsive viewer embed ✓ Social Sharing with Facebook, Twitter and Google+ ✓ Unlimited Panoramas ✓ Unlimited Tours ✓ Panorama Branding ✓ Tour Branding ✓ MLS friendly (no branding option) ✓ Option to override branding settings on a per-panorama and per-tour basis ✓ CSV Data Import/Export ✓ 5 Custom Domain Names (White Label) ✓ Seamless integration with WP3D Models Wordpress Plugin (Model Base: ThreeSixty Tours) Transcript https://forum.we-get-around.com/topic/16228/page/1/transcript-make-potential-virtual-tour-competition-irrelevant-with-mashups/

Active listings Fell 28% Year-Over-Year: 39% of Pending Sales Under Contract Within Two Weeks Home Prices Start New Year at New High January is shaping up to be the most competitive month in housing history SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The median home sale price surged 16% year over year to an all-time high of $365,000 during the week ending January 9, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. Prices keep climbing because the supply drought keeps deepening while demand increases. The number of homes for sale fell to a new low as listings hit the market at a slower rate than they did early last year. Yet homebuyer activity—as measured by the Redfin Homebuyer Demand Index—jumped 9%. Mortgage rates rose to 3.45% during the seven days ending January 13, making homebuying more expensive as overall inflation hit a 40-year high. “The stage is now set for the most competitive January housing market in recorded history,” said Redfin Chief Economist Daryl Fairweather. “Buyers are pouring into the market to claim a home before mortgage rates rise further as new listings slow to a trickle. The conditions are becoming increasingly challenging for first-time homebuyers, who will have to compete against more experienced buyers who are willing to do whatever it takes to win. But I expect that by the time mortgage rates increase to 3.6%, competition will settle down quickly to levels similar to late-2018.” “Homebuyers are touring nearly every home that comes on the market, waiving every contingency, offering $100,000 over asking price, and still losing out to 9+ other offers,” said Portland Redfin real estate agent Jennifer Ciacci. “As competitive as the market is right now, I advise buyers not to write an offer on a home they don’t really like. The home needs to work for what they want and need, and if it checks off those boxes, that's when you go all-in and take your best shot. But protect your heart; this isn't an easy market." Key housing market takeaways for 400+ U.S. metro areas: Unless otherwise noted, this data covers the four-week period ending January 9. Redfin’s housing market data goes back through 2012. 1. The median home-sale price increased 14% year over year to $358,801. For the seven-day period ending January 9, the median price hit $365,000, up 16% from a year earlier and an all-time high. 2. The median asking price of newly listed homes increased 12% year over year to $344,190. 3. Pending home sales were up 2.5% year over year. 4. New listings of homes for sale were down 11% from a year earlier. 5. Active listings (the number of homes listed for sale at any point during the period) fell 28% year over year, dropping to an all-time low of 461,000. 6. The share of homes that went under contract that had an accepted offer within the first two weeks on the market was 39%, above the 34% rate of a year earlier. 7. 29% of homes that went under contract had an accepted offer within one week of hitting the market, up from 25% during the same period a year earlier. 8. Homes that sold were on the market for a median of 27 days, down from 35 days a year earlier. 41% of homes sold above list price, up from 33% a year earlier. 9. On average, 2.4% of homes for sale each week had a price drop, up 0.4 percentage points from the same time in 2021. 10. The average sale-to-list price ratio, which measures how close homes are selling to their asking prices, was 100.3%. In other words, the average home sold for 0.3% above its asking price. Other leading indicators of homebuying activity: 1. Mortgage purchase applications increased 2% week over week (seasonally adjusted) during the week ending December 31. For the week ending January 13, 30-year mortgage rates rose to 3.45%, the highest level since March 2020. 2. The Redfin Homebuyer Demand Index rose 9% during the week ending January 9 and was up 22% from a year earlier. To view the full report, including charts and methodology, please visit: Redfin Data Center For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the Redfin Data Center. Source: Redfin via Business Wire

Matterport Appoints Rob Hines as Managing Director to Drive Growth in the Americas Veteran sales executive from Oracle and salesforce.com to lead company’s sales to accelerate new business growth in the region SUNNYVALE, Calif., Jan. 11, 2022 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced that Rob Hines has joined the company as Managing Director, Americas. Hines will oversee sales efforts across the region, including new business and revenue growth, people management and the execution of Matterport’s strategic vision. “As we continue to innovate and expand Matterport’s products and services, it’s important that we have the right leaders in all of our high-growth markets to support our vision and capture the enormous addressable market,” said Jay Remley, Chief Revenue Officer of Matterport. “Rob’s extensive background in leading sales teams, bringing technology products and services to market, and driving customer acquisition will be instrumental in helping us achieve our ambitious growth targets.” Hines joins Matterport from Block.one, a leader in blockchain solutions, where he held the position of Chief Revenue Officer, leading the company’s Blockchain as a Service (BaaS) solution launch and exceeding revenue targets. Prior to Block.one, Hines led large sales teams while holding leadership positions at Oracle and salesforce.com. He has more than 20 years of experience in the technology industry with a focus on marketing and selling SaaS-based applications and data solutions. “Matterport is the clear market leader in the digitization and datafication of the built world with innovative technology powering its products and services, and an endless amount of use cases for its technology,” said Hines. “I’m thrilled to join the Matterport team and look forward to driving growth across all markets and showing customers how our spatial data can create new value for every physical space in the built world.” More Here Matterport Appoints Rob Hines as Managing Director, Americas https://forum.we-get-around.com/topic/16209/matterport-appoints-rob-hines-as-managing-director-americas/

Video https://podcast.wgan-tv.com/e/129-wgan-tv-matterport-live-guided-tour-video-chat-powered-by-nodalview/ -- New! Nodalview enables live guided tours (video chat) within Matterport digital twins (in addition to live guided tours (video chat) within Nodalview 360 virtual tours. On Thursday, 6 January 2021, Brussels, Belgium based Nodalview Co-Founder and CEO Thomas Lepelaars will be my guest for: ✓ WGAN-TV | Matterport Live Guided Tour (Video Chat) powered by Nodalview Thomas will do a live guide tour demo within a Matterport digital twin and talk about the features and benefits of its new partnership with Matterport that enables live guided tours (video chat) with a Matterport digital twin. Questions That I Will Ask Thomas on WGAN-TV Live at 5 Here are some of the questions that I anticipate asking Thomas about the Matterport live guided virtual tour powered by Nodalview: ✓ What is a live guided virtual tour? ✓ What are the advantages of a live guided virtual tour? ✓ Do properties sell faster and at a higher price with the guided virtual tour? ✓ Will live guided virtual tours help real estate agents win more and bigger listings? ✓ What's the difference between a virtual tour and a guided virtual tour? ✓ Is a guided virtual tour like an in-person tour? ✓ When should a real estate agent offer a guided virtual tour? ✓ Do visitors have to be together behind the same device to visit the property at the same time? ✓ Is it possible to show another property during the guided virtual tour? ✓ Is it possible to visit a property remotely from a smartphone? ✓ Does a guided virtual tour help grow a real estate photographer's business? ✓ Pricing? What questions that I should ask Thomas when he is my guest on WGAN-TV Live at 5? Recent Nodalview Media Coverage and Media Release ✓ Nodalview Media Release (9 December 2021) Nodalview Offers Vide-Enabled Live Guided Tours/Lead Generation within Matterport Digital Twins ✓ Archyworldys (27 October 2021) How Nodalview wants to transform real estate professionals into connected agents About Nodalview (Info Provided by Nodalview) “Nodalview is a powerful sales and marketing platform built for the real estate industry. By leveraging high quality visual assets and immersive content, real estate agents can build winning sales strategies to better attract, engage and qualify potential customers while delivering a modern online buying experience. With Nodalview, agents can grow their online presence, close deals faster with tangible data insights and match the right buyers with the right home. At Nodalview, we believe in the modernization of the real estate industry through cutting edge technology and a customer-centric experience that helps agents sell faster and in a more effective way, while keeping a strong human-first approach. Nodalview supports over 10,000 real estate agents in 30 different countries with an international footprint counting 80+ employees from 10 different nationalities. Nodalview is backed by premium investors from Ghent, London and Madrid. WGAN Forum Related Discussions ✓ WGAN Forum posts tagged: Nodalview Best, Dan Nodalview Links ✓ Nodalview website ✓ Matterport live guided tour powered by Nodalview ✓ Nodalview live guided tour powered by Nodalview ✓ Matterport Live Guided Tour (Video Chat) powered by Nodalview Media Release ✓ LinkedIn: Thomas Lepelaars ✓ Facebook: Nodalview ✓ Instagram: nodalview ✓ Try Nodalview 14-Day Free Trial ✓ Book a free Nodalview Demo

Realtor.com® Forecasts the Best Markets for First-Time Homebuyers in 2022 Struggling to buy your first home? Try Magna, Utah; Chalco, Neb. or Mauldin, S.C., where young homebuyers have a better shot at success SANTA CLARA, Calif., Jan. 10, 2022 /PRNewswire/ -- With 2022 shaping up to be another challenging year for hopeful homebuyers, Realtor.com® ran the numbers to find the best markets for people looking to buy their first home this year. The first annual Best Markets for First-Time Homebuyers Report predicts the cities and towns with the best combination of quality of life and affordability that young homebuyers are looking for. What is it that makes these markets great for first-time homebuyers? They have strong job markets, short commute times, plenty of places to eat and drink, a younger population, affordability, and more homes to choose from. The 2022 top 10 markets, in ranked order, are: Magna, Utah, Chalco, Neb., Mauldin, S. C., Beech Grove, Ind., Portsmouth, Va., Cottage Grove, Wis., Grimes, Iowa, Kuna, Idaho, Ferndale, Mich. and Maitland, Fla. "Buying a first-home is always a challenging undertaking, and it's been an especially tough couple years for first-time buyers, many of whom are struggling to find a home that's within their budget or win in a competitive bidding situation," said Realtor.com® Chief Economist Danielle Hale. "With this in mind, and the fact that remote work has given people more flexibility in where they live, we wanted to identify markets where first timers have a chance to become homeowners and find a great quality of life." Here are some of the reasons these markets are attractive to first-time homebuyers: 1. More homes to choose from – The best markets boast almost twice the number of homes for sale than the national average, in 2021 these markets had 72.9 active listings per 1,000 households compared to the national rate of 44.9. Buyers looking for lots of options should check out Kuna, Idaho, which has the most choice on the list with 160 active listings per 1,000 households. 2. Lots of young people – The 10 best markets for first-time homebuyers all have a younger population than the country overall. Specifically, these areas have an average of 15.2% of residents who are between the ages of 25-34 years old compared to 13.5% of the country overall. The youngest city on the list is Maitland, Fla. where you'll find that 17.5% of the population are young adults. 3. Plenty to eat and drink – Lifestyle is important to a lot of first-time homebuyers and the best markets also include plenty of options for a night out on the town nearby. Our top places for first time homebuyers are located in metros that have an average of 5.3 food and drink establishments per 1,000 households in the broader metro area, higher than other affordable places on our list, which average 5.0. Foodies can head to Magna in the Salt Lake City metro area, which has the most spots to dine out or grab a drink at 5.8 per 1,000 households. 4. More affordable homes – Sticking to a budget can be tricky for many first-time homebuyers, but the best markets have options for the cost-conscious. By comparing the typical home list price to the average income for young adults, Realtor.com® determined that the home-price-to-income ratio in the best markets (3.9) was much lower than the national rate (5.0). Home shoppers who are looking for affordability can head to Chalco, Neb. or Ferndale, Mich., which offer the most affordability on the list. 5. Lots of good jobs – A healthy job market is important when finding a place to settle down, and the best markets are in metro areas that have lots of jobs to offer. These metro areas have a forecasted unemployment rate of just 2.7%, well below the national average of 3.6%. If job selection is at the top of the wish-list, buyers can check out Chalco, Neb. in the Omaha metro area and Cottage Grove, Wis. in the Madison metro area which both have a forecasted unemployment rate of just 2.2%. 6. Strong local housing markets – All of the cities on the list are located within metro areas that are forecasted to have strong home sales and price growth. Sales in these surrounding metro areas are projected to grow at 10.2% in 2022, much faster than the national average of 6.6%. Prices are expected to rise by 5.4%, which is significantly higher than the national average rate of 2.9%. Magna, Utah, which is in the Salt Lake City metro, has the highest expected sales growth rate of 15.2% and the highest expected price growth of 8.5%. 7. Shorter commutes – No one wants to spend hours a day in the car or on a train, and the best markets offer jobs that are close to home. In fact, the average commute time in these markets is 26 minutes – that's 4 minutes faster than the national average. If you're looking for a short commute, try Grimes, Iowa, where locals typically get to work in just 23 minutes. First-time homebuyers can visit Realtor.com® to learn more about the buying process, find out how

12% of First-Time Homebuyers Say Selling Crypto Helped Save for Down Payment, Up From 5% in 2019 Digital currencies are becoming an increasingly common payment method as millennials rush the housing market SEATTLE--(January 7, 2022 via BUSINESS WIRE)-- (NASDAQ: RDFN) — One in nine first-time homebuyers (11.6%) surveyed in the fourth quarter said selling cryptocurrency had helped them save for a down payment, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. This is up from 8.8% in the third quarter of 2020 and 4.6% in the third quarter of 2019. “With extra time and a lack of exciting ways to spend money, many people began trading cryptocurrencies during the pandemic,” said Redfin Chief Economist Daryl Fairweather. “Some of those investments went up in smoke, but others went ‘to the moon,' or at least rose enough to help fund a down payment on a home.” The report is based on a Redfin-commissioned survey of 1,500 U.S. residents planning to buy or sell a home in the next 12 months, which was fielded to a representative sample of the American population and conducted by research technology company Lucid from December 10 to December 13, 2021. The report focuses on the 215 of those 1,500 respondents who answered the question “How did you accumulate the money you need for a down payment?” which Redfin only posed to participants who indicated they were planning to buy their first home in the next year. The most common response was “saved directly from paychecks” (52%), while less common answers included “cash gift from family” (12%) and “pulled money out of a retirement fund early” (10%). Bitcoin, the world’s largest digital currency, hit a record high of nearly $69,000 in November. Ether, the second most valuable cryptocurrency, also reached an all-time high, though both coins have since lost some of those gains. With surging home prices leading to larger down payments, some buyers are finding non-traditional ways to cover the cost and compete with other bidders. “Crypto is one way for people without generational wealth to win a lottery ticket to the middle class,” Fairweather said. Digital currencies are also likely on the rise as a payment method among homebuyers because millennials and Generation Z are taking up an increasing share of the U.S. housing market. Millennials, who own more cryptocurrency than other generations, now account for more than half of new mortgages. To view the full report, including charts and methodology, please visit Redfin Data Center. About Redfin Redfin (www.redfin.com) is a technology-powered real estate company. We help people find a place to live with brokerage, instant home-buying (iBuying), rentals, lending, title insurance, and renovations services. We sell homes for more money and charge half the fee. We also run the country's #1 real-estate brokerage site. Our home-buying customers see homes first with on-demand tours, and our lending and title services help them close quickly. Customers selling a home can take an instant cash offer from Redfin or have our renovations crew fix up their home to sell for top dollar. Our rentals business empowers millions nationwide to find apartments and houses for rent. Since launching in 2006, we've saved customers more than $1 billion in commissions. We serve more than 100 markets across the U.S. and Canada and employ over 6,000 people. For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the Redfin Data Center. Source: Redfin Via Business Wire

3i Wins CES 2022 Innovation Award with Pivo Pod X (for Pivo Real Estate) Seoul--(Newswire) January 6, 2022 -- 3i (3i, CEOs Ken Kim, Jiwuck Jung), a metaverse technology company including artificial intelligence (AI), augmented reality (AR), and virtual reality (VR) says it won the Innovation Award at the 2022 Consumer Electronics Show (CES), the largest information technology (IT) and home appliance exhibition. According to 3i, the product that won the Innovation Award is its Pivo Pod X (for Pivo Real Estate virtual tours); which is being unveiled at a CES event ahead of its launch in the first half of this year. 3i is focusing on promoting its product power by participating in the event as a direct exhibitor in the metaverse field and demonstrating it to buyers, media and consumers around the world. Pivo Pod X, a new model with auto-tracking function based on artificial intelligence, can move in both horizontal and vertical axes, so it supports up to 60° vertical movement and 360° horizontal movement when shooting video with a smartphone. In addition, it is an optimal creator solution that can create various contents using dedicated applications (such as Pivo Real Estate virtual tours). It helps to create a higher level of content by filming a more dynamic range of activities. In addition, the user's experience has been improved with the battery life maintained for 24 hours. 3i composes a variety of Pivo product lineups, including Pivo Pod X, depending on the user's purpose. With the auto-tracking function, AI tracks the movements of people, animals, and objects to provide a service optimized for shooting exercise-related videos or presentation videos. In addition, the desired space can be created as a Pivo Real Estate 3D virtual tours through Pivo Tour iOS and Android App, making the space more lively. 3i, which is developing technology and expanding its business through success in attracting an investment of [$23.2 million] in 2021, has been used by 100 creators selected by the LinkedIn 2022 Creator Accelerator Program, the world's largest business-specialized social media, following receiving this Innovation Award. The market awareness is increasing, with Pivo being selected as the product they want to make. 3i CEO Ken Kim said, “I am delighted that Pivo’s technology has been recognized by winning the CES Innovation Award. 3i Overview Founded in 2016, 3I is a platform business that connects Pivo’s Smart Pod hardware and applications as its main business. Beamo is also a 3i brand. In particular, it has related technologies such as AI so that anyone can easily and better use the real world experience in the digital world by using the leading technology to capture, share, and collaborate with real content and information in the digital space. Website: 3i | Pivo Real Estate Source: 3i via NewsWire | @PivoRealEstate

Redfin Reports Homebuyers Face Record Supply Shortage Heading into 2022 Home prices were up 14% and pending sales rose 4% from a year earlier despite a record low number of homes for sale SEATTLE--(BUSINESS WIRE / January 6, 2022)--(NASDAQ: RDFN) — The housing market started off the new year with fewer homes for sale than ever before as active listings fell 27% from a year earlier, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. The number of newly-listed homes for sale fell 10%, but anecdotes from Redfin agents suggest that listings may soon begin to pick up. “We’re kicking off yet another year with a whole lot of buyers whose home search has been ongoing for months, and they are as eager as ever,” said Redfin Chief Economist Daryl Fairweather. “This month, the stage will be set for the 2022 housing market, and we’ll be closely watching whether prices climb like they usually do in January or whether they start off high and stagnate. We’re also keeping a close eye on new listings. I’ve already been hearing from Redfin agents in extremely supply-constrained markets like Austin that they are getting more interest than usual from homeowners about selling early this year. A lot of these people spent the last couple months getting their homes spruced up and ready to list. This gives me hope that more sellers will be motivated to take action now that the new year has arrived.” Key housing market takeaways for 400+ U.S. metro areas: Unless otherwise noted, this data covers the four-week period ending January 2. Redfin’s housing market data goes back through 2012. 1. The median home-sale price increased 14% year over year to $358,460, just shy of an all-time high. 2. The median asking price of newly listed homes increased 12% year over year to $341,200. 3. Pending home sales were up 3.5% year over year. 4. New listings of homes for sale were down 10% from a year earlier. 5. Active listings (the number of homes listed for sale at any point during the period) fell 27% year over year, dropping below $500,000 for the first time to an all-time low of $482,000. 6. The share of homes that went under contract that had an accepted offer within the first two weeks on the market was 40%, above the 35% rate of a year earlier. 7. 29% of homes that went under contract had an accepted offer within one week of hitting the market, up from 25% during the same period a year earlier. 8. Homes that sold were on the market for a median of 27 days, down from 34 days a year earlier. 9. 41% of homes sold above list price, up from 33% a year earlier. 10. On average, 2.4% of homes for sale each week had a price drop, up 0.5 percentage points from the same time in 2021. 11. The average sale-to-list price ratio, which measures how close homes are selling to their asking prices, was 100.3%. In other words, the average home sold for 0.3% above its asking price. Other leading indicators of homebuying activity: 1. Mortgage purchase applications decreased 4% week over week (seasonally adjusted) during the week ending December 31. For the week ending December 30, 30-year mortgage rates inched up to 3.11%. 2. The Redfin Homebuyer Demand Index rose 7% during the week ending January 2 and was up 18% from a year earlier. To view the full report, including charts and methodology, please visit Redfin Data Center. About Redfin Redfin (www.redfin.com) is a technology-powered real estate company. We help people find a place to live with brokerage, instant home-buying (iBuying), rentals, lending, title insurance, and renovations services. We sell homes for more money and charge half the fee. We also run the country's #1 real-estate brokerage site. Our home-buying customers see homes first with on-demand tours, and our lending and title services help them close quickly. Customers selling a home can take an instant cash offer from Redfin or have our renovations crew fix up their home to sell for top dollar. Our rentals business empowers millions nationwide to find apartments and houses for rent. Since launching in 2006, we've saved customers more than $1 billion in commissions. We serve more than 100 markets across the U.S. and Canada and employ over 6,000 people. For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the Redfin Data Center. Source: Redfin via BusinessWire

Redfin: Demand for Vacation Homes Up 77% From Pre-Pandemic in December 2022 While demand for second homes fell just slightly last month, affluent buyers continued to take advantage of remote work and low mortgage rates SEATTLE--(January 6, 2022; BUSINESS WIRE)-- (NASDAQ: RDFN) —Demand for vacation homes was up 77% from pre-pandemic levels in December, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. This is slightly below the 80% increase in November and the record 92% gain in January, but up significantly from the 2021 low hit in August. Interest in second homes started to surge in mid-2020 as affluent Americans dispatched to vacation destinations, taking advantage of low mortgage rates and remote work. The slight slowdown in mortgage-rate locks from November to December is likely an effect of the holiday season and not indicative of dampening demand. “The wealthy are still flush with cash and have access to cheap debt, which is why second home purchases remain far above pre-pandemic levels,” said Redfin Chief Economist Daryl Fairweather. “While interest in second homes is stabilizing after the big boom in the second half of 2020 and the beginning of 2021, I expect demand to remain high well into this year. Remote work isn’t going anywhere and mortgage rates are still quite low.” Redfin’s report is based on an analysis of mortgage-rate lock data from real estate analytics firm Optimal Blue. A mortgage-rate lock is an agreement between a homebuyer and a lender that allows the homebuyer to lock in an interest rate on a mortgage for a certain period of time, offering protection against future interest-rate hikes. Homebuyers must specify whether they are applying to secure a mortgage rate for a primary home, a second home or an investment property. Roughly 80% of mortgage-rate locks result in actual home purchases. To view the full report, including charts and methodology, please visit Redfin Data Center. About Redfin Redfin (www.redfin.com) is a technology-powered real estate company. We help people find a place to live with brokerage, instant home-buying (iBuying), rentals, lending, title insurance, and renovations services. We sell homes for more money and charge half the fee. We also run the country's #1 real-estate brokerage site. Our home-buying customers see homes first with on-demand tours, and our lending and title services help them close quickly. Customers selling a home can take an instant cash offer from Redfin or have our renovations crew fix up their home to sell for top dollar. Our rentals business empowers millions nationwide to find apartments and houses for rent. Since launching in 2006, we've saved customers more than $1 billion in commissions. We serve more than 100 markets across the U.S. and Canada and employ over 6,000 people. For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the Redfin Data Center. Source: Redfin via BusinessWire

Matterport Completes Acquisition of Enview to Bring Powerful Property Insights and Analytics to Millions of Digital Twins Enview’s advanced technology and specialized team to strengthen the Matterport data platform and provide customers with advanced business intelligence for any physical space SUNNYVALE, California, January 6, 2022 (GLOBE NEWSWIRE) -- Matterport, Inc. (“Matterport”) (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced it has completed its acquisition of Enview, Inc. (“Enview”), a pioneer in the scalable, artificial intelligence (AI) for 3D spatial data. On January 5, 2022, Matterport acquired 100% of the issued and outstanding equity interests in Enview for an aggregate purchase price of 1.59 million shares of Matterport’s Class A common stock, par value $0.0001 per share (“Common Stock”) and $35.5 million in cash. All shares of Common Stock issued in the transaction are subject to a lock-up period expiring 180 days following the closing of the transaction. Enview’s 3D AI platform has been deployed at nation-scale to solve mission critical challenges ranging from critical infrastructure protection for Fortune 500 energy companies, automating property analytics for insurance and disaster recovery applications, and logistics and mobility applications for national security customers. The acquisition of the technology and team will enable Matterport to speed the development of its next-generation spatial data analytics platform that optimizes the operations and management of any physical space, while providing powerful insights and building intelligence. “For more than a decade Matterport has led the digital transformation of the built world,” said RJ Pittman, Matterport’s Chairman and Chief Executive Officer. “We turn buildings into data, and for the next decade of growth, our focus centers on unlocking the power of that data for our customers around the world. Enview’s powerful spatial data analysis technology fits right into this strategy and readily complements the Matterport platform. Together, we can deliver breakthrough building analysis and data insights to our customers including automated building inspections, AI-powered space planning, and property utilization analysis to deliver operating efficiencies in a completely digital environment,” he added. Founded in San Francisco in 2015, Enview’s AI-based automation platform provides a highly extensible framework for rapidly solving complex 3D challenges as part of a digital twin ecosystem. Enview’s core technology combines novel AI, purpose built for 3D, with an enterprise platform that enables complex workflows to be automated for nation-scale datasets. Enview’s technology performs a variety of 3D spatial operations, including object recognition, feature extraction, feature-based change detection, 2D and 3D measurement and attribution. The company’s Explore product is designed to democratize and automate the previously manual task of extracting insights from complex, sensor-fused 2D and 3D data. Public and private sector organizations currently use Enview’s AI platform to virtualize the physical world and derive insights, including to protect people and infrastructure, and enhance national security. For example, Enview is the recipient of a Phase III Small Business Innovation Research award from the Commander of the U.S. Pacific Air Forces and a Phase II award from the U.S. Army Rapid Capabilities and Critical Technologies Office for AI-enabled 3D modeling of installations and fusion of indoor / outdoor digital twins for mission planning and facilities management. “Matterport is the clear leader in the massive market to digitize the world’s built spaces,” said San Gunawardana, Co-Founder and Chief Executive Officer of Enview. “Joining Matterport provides a unique opportunity to pair our leading 3D AI technology with Matterport’s rich spatial data to provide new levels of datafication and insight to customers around the world. We could not have asked for a better company to partner with to extend our work and build a world-class analytics platform for customers to increase the value of every one of the world’s 4 billion buildings.” Update on Public Warrant Redemption As previously announced on December 15, 2021, Matterport expects to redeem all of its outstanding warrants (the “Public Warrants”) to purchase shares of Common Stock that were issued as part of the units sold in the company’s initial public offering and that remain outstanding at 5:00 p.m. New York City time on January 14, 2022. As of December 31, 2021, approximately 7.1 million shares of Common Stock have been issued upon the exercise of Public Warrants by the holders thereof at an exercise price of $11.50 per share, resulting in aggregate proceeds to Matterport of approximately $81.5 million. About Matterport Matterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our grou

New HomeJab Real Estate Photo Study Finds Sellers are Unprepared Survey also asks photography pros to rate real estate agents' "professionalism" --- Download HomeJab Study --- CHERRY HILL, N.J., Jan. 5, 2022 /PRNewswire/ -- A new study of real estate photographers released today by HomeJab found that homeowners selling their homes are often not prepared for a photoshoot ordered by their real estate agent. HomeJab, which provides real estate agents on-demand professional real estate photography and other visual production services nationwide, asked more than 300 professional photographers, "How often are homeowners not prepared for a shoot?" More than half of the professional real estate photographers said that most of the time – half to more than half – homeowners are unprepared. "Agents may be assuming their sellers know what they need to do to have their home ready for a photoshoot," said Joe Jesuele, founder and CEO of HomeJab. "But photography occurs very early in the listing process, and sellers may not realize what professional photographers need to make the right impressions," Jesuele added. According to Jon Biddle, a 10-year real estate photography veteran from Philadelphia, PA who shoots more than 100 properties a year, many homeowners forget to declutter their homes, putting away personal items on counters – cell phones, purses, drinking glasses, liquor and more. "That can detract attention away from what is important," Biddle said. "Sellers often have to spend 20 minutes or more putting away personal items," Biddle added, "and agents could do more to make sure they're ready." The HomeJab survey also turned the tables on real estate agents by asking photographers, "How professional is the typical real estate agent who hires you?" on a scale of 1-10, 10 being highly professional. Overall, photographers gave an average rating of 7.6, indicating agents who hire them are very professional. Flavio Villacorta, a professional real estate photographer who serves Washington, D.C., shared that he/she finds that real estate agents who invest in professional photography – as well as 3D tours and aerial footage – have high professional standards in everything they do. "Most agents who only use professionally shot photos for their listings are typically the best agents in the marketplace," Villacorta said. With the explosion in the popularity of using aerial photography to market homes for sale over the last several years, the HomeJab study asked professional real estate photographers if they have been harassed by someone when flying a drone to shoot aerial footage of a listing. The HomeJab survey found that one-in-three photographers experienced harassment when flying a drone. The research also revealed that just 15% of photographers surveyed said they had never flown a drone. Future Tech Trends Finally, the survey asked professional real estate photographers to pick two technologies related to their business that they are "most excited about." The findings: The vast majority of photographers said "drones," topping the list with 68%. 360-degree cameras came in at the #2 spot with 54%. Automated editing technology was #3 with 35%. New mobile phones cameras (e.g., iPhone 13) were #4 with 18%. NFTs (blockchain) was ranked #5 with 17%. "The surprise is the strong interest in NFTs," said HomeJab's Jesuele. "Five years ago, NFTs didn't even exist. Now one-in-six photographers pick it as a Top 5 technology. NFTs are starting to make their way into all areas of creative arts, including a growing interest among professional real estate photographers, and that's exciting." The HomeJab Professional Real Estate Photographer Survey collected responses from 310 professional real estate photographers nationwide. Fifty percent of the photographers surveyed shoot more than 100 property listings annually. Nearly one-in-three photographers surveyed shoot more than 200 property listings annually, with 40% of the participants being professional photographers for at least six years. The photographers polled represent all areas of the country: 22% from the Northeast, 25% from the Southeast, 17% from the Midwest, 19% from the Southwest, 7% from the Northwest, and 10% from other locations. About HomeJab HomeJab is America's most popular and reliable on-demand professional real estate photography and video service for real estate pros. Learn more at: www.HomeJab.com Source: HomeJab via PR Newswire

U-Haul Growth Index: Florida has 10 of Top 25 U.S. Growth Cities Kissimmee-St. Cloud netted the most U-Haul trucks in 2021, followed by Raleigh-Durham PHOENIX, Jan. 4, 2022 /PRNewswire/ -- The sun-soaked Kissimmee-St. Cloud market less than 30 miles south of Orlando isn't just for vacationers chasing roller-coaster rides and encounters with a famous mouse. In 2021, no American city or market netted more do-it-yourself movers in U-Haul® trucks. Kissimmee-St. Cloud, which ranked second for growth in 2019 and 2020, earned the No. 1 spot in 2021. It is one of 10 Florida markets among the top 25 growth cities, according to transactional data compiled for the annual U-Haul Growth Index. The North Carolina hotbed of Raleigh-Durham – which was No. 1 on this list in 2019 – remains a top growth area at No. 2 in 2021. It is followed by Florida's Palm Bay-Melbourne market and then North Port, the No. 1 growth city of 2020. Madison, Wis., rounds out the top five. Growth cities are calculated by the net gain of one-way U-Haul trucks entering a city/market versus leaving that city/market in a calendar year. Migration trends data is compiled from well over 2 million one-way U-Haul truck customer transactions that occur annually. Neighboring cities in U-Haul markets are often packaged together for migration trends purposes. "Florida remains competitive, especially during the COVID era," said Miguel Caminos, U-Haul Company of Orlando president. "We've pushed through and business is thriving. It's not just people moving to Florida, but businesses moving because they see better opportunities here." Texas boasts five growth cities among the top 25, led by the College Station-Bryan market at No. 7. Grapevine, Austin, Richardson and Carrollton also make the cut as premier destinations for U-Haul customers. Together, Florida and Texas account for 60% of the top 25 growth cities. While California ranks last among U-Haul growth states, it enjoyed pockets of growth in 2021 – the Sacramento-Roseville market is the No. 8 growth city, while San Diego ranks 12th. Other Florida cities to make the top 25 are: Fort Myers-North Fort Myers; Clermont; Sarasota-Bradenton; Daytona Beach; Port St. Lucie; Brandon-Riverview; and Ocala. Arrivals of U-Haul trucks into Kissimmee-St. Cloud climbed 31% while departures rose 29% as overall moving traffic spiked in the market. Arriving trucks accounted for 53.2% of all one-way U-Haul traffic in Kissimmee-St. Cloud. "Florida has always been a destination location for retirees, but more so (in 2021), I think a lot of people took early retirements and decided to come down," said Mario Martinez, U-Haul Area District Vice President of Southern Florida. "There are many other reasons why people are coming to Florida, and have come in previous years. We have lower cost (of living) than other states. There is no state income tax – that's a huge factor. The warm weather. Basically, we have summer weather all year long. Attractions. Our beaches. The activities. There's just so much to do. Jobs that are available play a very important part in people moving into Florida. And during this pandemic for the past two years, we've also pretty much been open the entire time. This state has kept on going, and (2021) has just been busy all the way around." Visit myuhaulstory.com to view the top 50 growth states, individual state reports and the top 25 Canadian growth cities. While U-Haul migration trends do not correlate directly to population or economic growth, the U-Haul Growth Index is an effective gauge of how well cities are both attracting and maintaining residents. 2021 U-Haul Top 25 U.S. GROWTH CITIES 1. Kissimmee-St. Cloud, FL (2) 2. Raleigh-Durham, NC 3. Palm Bay-Melbourne, FL (23) 4. North Port, FL (1) 5. Madison, WI (5) 6. Fort Myers-North Fort Myers, FL 7. College Station-Bryan, TX 8. Sacramento-Roseville, CA (11) 9. Clermont, FL 10. Sarasota-Bradenton, FL 11. Daytona Beach, FL 12. San Diego, CA 13. Port St. Lucie, FL (3) 14. Milwaukee, WI (13) 15. Grapevine, TX 16. Austin, TX 17. Myrtle Beach, SC 18. Surprise, AZ (8) 19. Brandon-Riverview. FL 20. Wilmington, NC 21. Denver, CO 22. Richardson, TX 23. Auburn-Opelika, AL (4) 24. Ocala, FL (6) 25. Carrollton, TX 2020 growth rankings in parentheses, if ranked Source: U-Haul via PR Newswire PLUS FIVE more notable cities that just missed the cut but posted big growth numbers in 2021: 1. Greenville, SC 2. Fort Collins, CO 3. Seattle, WA 4. Conroe, TX 5. Nashville, TN U-Haul is the authority on migration trends thanks to its expansive network that blankets all 50 states and 10 Canadian provinces. The geographical coverage from more than 23,000 U-Haul truck- and trailer-sharing locations provides a comprehensive overview of where people are moving like no one else in the industry. Find U-Haul stores and neighborhood dealers at uhaul.com/locations. Independent small business owners interested in joining the U-Haul Dealer Network at no cost and earning commissions from renta

Zillow Forecast: Top 10 Hottest Residential Real Estate Marketings for 2022 Based on a blend of factors, such as job and home price growth, Zillow expects housing markets in the Sun Belt to be the most competitive in the U.S. - The Sun Belt dominates Zillow's list of hottest housing markets for the second year in a row. Tampa, Jacksonville, Raleigh, San Antonio and Charlotte top Zillow's rankings. - Six of the 10 markets on Zillow's list have added more jobs than new homes over the past two years, adding competition for available homes. - New York, Milwaukee and San Francisco should be the coolest housing markets in 2022, but sellers will have the upper hand even in cooler markets. SEATTLE, Jan. 4, 2022 /PRNewswire/ -- The hottest housing market of 2022 will be Tampa, according to a new Zillow® analysis. Rounding out the top five are Jacksonville, Raleigh, San Antonio and Charlotte in what is anticipated to be another hot year for housing across the Sun Belt. Zillow economists expect the housing market to back off just a bit from a record-breaking pace in 2021, but home shoppers looking in the 10 hottest markets are likely to face strong competition, rising prices and limited inventory that will be snatched off the market quickly. Tampa tops Zillow's list of hottest housing markets due to a combination of strong forecasted home value growth, a thriving job market, relatively scarce and fast-moving inventory, and demographics that indicate a good number of potential buyers. "Home buyers are attracted to markets in the Sun Belt that offer relative affordability, fast-growing economies and weather that allows them to enjoy the outdoors year-round," says Zillow economist Alexandra Lee. "Across the board, sellers will remain in the driver's seat, but especially so in the hottest markets. Buyers should be ready for strong competition for homes, which means bidding wars and homes flying off the market only days after they are listed." Zillow's 10 hottest housing markets of 2022: [Zillow Economists Expectations] 1. Tampa 2. Jacksonville 3. Raleigh 4. San Antonio 5. Charlotte 6. Nashville 7. Atlanta 8. Phoenix 9. Orlando 10. Austin With the huge millennial generation's pent-up desire to move now being fulfilled as it ages into its peak home-buying years, together with the wave of baby boomers entering retirement amid the "Great Resignation," Zillow economists expect incredibly strong price appreciation and sales volume to continue into next year — forecasting 14.3% national home value growth through November 2022. Each of the top 10 hottest metros are anticipated to exceed that, with Tampa home values predicted to grow 24.6% during that time. Work will play a key role in moving decisions next year — for remote and on-site workers alike — and a strong labor market has factored into Zillow's hottest markets list, as well. With more flexible work opportunities and a recovering labor market, many areas experiencing high demand for housing are also seeing increased local job growth. Six of the 10 markets on Zillow's list have added more jobs than new homes over the past two years, intensifying the competition expected in these markets. Last year's hottest market, Austin, fell to No. 10 this year, while Denver, last year's fifth-hottest market, fell to 15th. Outside of the Sun Belt, the hottest markets are expected to be in the Midwest. Salt Lake City (13th overall), Kansas City (14th), Oklahoma City (16th) — which is sometimes considered a Sun Belt city depending on where the border is drawn — Columbus (17th) and Indianapolis (18th) just missed making the list. The coolest markets out of the 50 largest U.S. metro areas are expected to be New York, Milwaukee, San Francisco, Chicago and San Jose. But in today's supercharged housing market, buyers shouldn't necessarily expect screaming deals in even these cooler markets. Home values are forecasted to grow by at least 10% over the next 12 months in all metros except San Francisco (9.9%). Research methodology Zillow analyzed the 50 largest U.S. metro areas to forecast the hottest, or most competitive, housing markets of 2022. The analysis incorporates expected home value appreciation from November 2021 to November 2022, the anticipated change in home value appreciation from 2021, the flow of for-sale inventory, an estimate of the net new number of home-owning households based on current demographic trends and new jobs per new housing unit permitted. About Zillow Group Zillow Group, Inc. (NASDAQ: Z and ZG) is reimagining real estate to make it easier to unlock life's next chapter. As the most visited real estate website in the United States, Zillow® and its affiliates offer customers an on-demand experience for selling, buying, renting or financing with transparency and ease. Zillow Group's affiliates and subsidiaries include Zillow®, Zillow Offers®, Zillow Premier Agent®, Zillow Home Loans™, Zillow Closing Services™, Zillow Homes, Inc., Trulia®, Out East®, ShowingTime®, Bridg

Where and Why Did Americans Move in 2021? United Van Lines 45th Annual National Movers Study Reveals the Top States People Moved To and From The Pandemic Continued to Influence Americans' Decisions to Move as They Relocated to Lower-Density Areas and Desired to be Closer to Family Where and Why Did Americans Move in 2021: Top 10 Moved To/From USA States ST. LOUIS, Jan. 3, 2022 /PRNewswire/ -- United Van Lines released the company's 45th Annual National Movers Study today, which indicates Americans were on the move to lower-density areas and to be closer to their families throughout last year. The annual study, which tracks the company's exclusive data for customers' state-to-state migration patterns, determined Vermont as the state with the highest percentage of inbound migration (74%) with United Van Lines. Topping the list of outbound locations was New Jersey (71%), which has held the spot for the past four years. South Dakota (69%), South Carolina (63%), West Virginia (63%) and Florida (62%) were also revealed as the top inbound states for 2021. Meanwhile, states like Illinois (67%), New York (63%), Connecticut (60%) and California (59%), which have regularly appeared on the top outbound list in recent years, again ranked among states with the largest exoduses. In addition to the state-by-state data, each year United Van Lines also conducts an accompanying survey to examine the motivations and influences for Americans' interstate moves. This year's survey results indicated 31.8% of Americans who moved did so in order to be closer to family – a new trend coming out of the pandemic as priorities and lifestyle choices shift. Additionally, 32.5% of Americans moved for a new job or job transfer, a significant decrease from 2015, when more than 60% of Americans cited a job or transfer. "This new data from United Van Lines is indicative of COVID-19's impact on domestic migration patterns, with 2021 bringing an acceleration of moves to smaller, midsized towns and cities," Michael A. Stoll, economist and professor in the Department of Public Policy at the University of California, Los Angeles, said. "We're seeing this not only occur because of Americans' desire to leave high density areas due to risk of infection, but also due to the transformation of how we're able to work, with more flexibility to work remote." What's more, amid the pandemic, many Gen Xers are retiring (often at a younger age than past generations), joining the Baby Boomer generation. While many are retiring to states like Florida, United Van Lines' data reveals they're not necessarily heading to heavily populated cities like Orlando and Miami — they're venturing to less dense places like Punta Gorda (81% inbound), Sarasota (79% inbound) and Fort Myers-Cape Coral (77% inbound). Similarly, in Oregon, cities including Medford-Ashland (83%) and Eugene-Springfield (79%) saw high inbound migration in 2021. "For 45 years now, our annual United Van Lines study, with its data-driven insights, has allowed us to explore a deeper understanding of Americans' overall migration patterns," Eily Cummings, director of corporate communications at United Van Lines, said. "As the pandemic continues to impact our day-to-day, we're seeing that lifestyle changes — including the increased ability to work from home — and wanting to be closer to family are key factors in why Americans are moving today." Moving In The top inbound states of 2021 were: 1. Vermont 2. South Dakota 3. South Carolina 4. West Virginia 5. Florida 6. Alabama 7. Tennessee 8. Oregon 9. Idaho 10 Rhode Island Of the top ten inbound states, six — Vermont, South Dakota, West Virginia, Alabama, Oregon and Idaho — are among the 20 least densely populated states in America, with less than 100 people per square mile. And, Tennessee and South Carolina are among the top 25. Moving Out The top outbound states for 2021 were: 1. New Jersey 2. Illinois 3. New York 4. Connecticut 5. California 6. Michigan 7. Massachusetts 8. Louisiana 9. Ohio 10. Nebraska Nine of the top 10 outbound states are considered densely populated, further illustrating America's shift to less crowded states. Balanced Several states saw nearly the same number of residents moving inbound as outbound. Kentucky and Wyoming are among these "balanced states." Since 1977, United Van Lines annually tracks migration patterns on a state-by-state basis. The 2021 study is based on household moves handled by United within the 48 contiguous states and Washington, D.C. and ranks states based off the inbound and outbound percentages of total moves in each state. United classifies states as "high inbound" if 55 percent or more of the moves are going into a state, "high outbound" if 55 percent or more moves were coming out of a state or "balanced" if the difference between inbound and outbound is negligible. To view the entire 2021 study, an interactive map and archived press releases and photos from United, please visit United Van Lines. Source: United Va

Active Listings fell 26.1% year-over-year/all-time low; down 44.8% from '19 New for sale home listings down 6.4% from 2020: up 15.6% from 2019 Redfin Reports Home Prices Rise to New Record High A dip in new listings contributed to the ongoing supply shortage as home prices hit another all-time high SEATTLE, Dec. 30, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — The median home sale price rose 14.6% year over year to a new all-time high of $361,171 during the four-week period ending December 26, 2021 according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. This comes as the number of homes for sale fell to a record low. New listings and pending sales both dropped to their lowest levels since January, and touring activity was down compared with the same period in 2019 and 2020. "The holiday effect of homebuyers and sellers diverting their time and attention toward travel and celebrations was even more extreme than during the pre-pandemic Christmas week of 2019," said Redfin Deputy Chief Economist Taylor Marr. "We see this slowdown as a temporary consequence of the holidays, and not as an indication that homebuyer demand is backing off. Those who did purchase homes over the holidays paid high prices due to the ongoing supply shortage." Key housing market takeaways for 400+ U.S. metro areas: Unless otherwise noted, this data covers the four-week period ending December 26. Redfin's housing market data goes back through 2012. ✓ The median asking price of newly listed homes increased 12.9% year over year to $345,348, up 28.7% from 2019. ✓ Pending home sales were up 4.2% year over year and up 55.2% compared to the same period in 2019. ✓ New listings of homes for sale were down 6.4% from a year earlier but up 15.6% from 2019. ✓ Active listings (the number of homes listed for sale at any point during the period) fell 26.1% year over year to an all-time low and were down 44.8% from 2019. ✓ The share of homes that went under contract that had an accepted offer within the first two weeks on the market was 40.3%, above the 35% rate of a year earlier and the 24.5% rate in 2019. 29.6% of homes that went under contract had an accepted offer within one week of hitting the market, up from 25.3% during the same period a year earlier and 15.8% in 2019. ✓ Homes that sold were on the market for a median of 26 days, down from 33 days a year earlier and 50 days in 2019. ✓ 42.1% of homes sold above list price, up from 33.6% a year earlier and 19.9% in 2019. ✓ On average, 2.8% of homes for sale each week had a price drop, up 0.5 percentage points from the same time in 2020 and up 0.3 points from this time in 2019. ✓ The average sale-to-list price ratio, which measures how close homes are selling to their asking prices, was 100.4%. In other words, the average home sold for 0.4% above its asking price. Other leading indicators of homebuying activity: Mortgage purchase applications decreased 3% week over week (seasonally adjusted) during the week ending December 23. For the week ending December 23, 30-year mortgage rates declined to 3.05%. Mortgage data is from the week ending December 23 because data sources did not update over the holiday week. Touring activity through December 26 was 8.7 percentage points behind 2019 and 8.5 points behind 2020 relative to the first week of January, according to home tour technology company ShowingTime. The Redfin Homebuyer Demand Index was up 17% from a year earlier. To view the full report, including charts and methodology, please visit: https://www.redfin.com/news/housing-market-update-record-high-home-price/ About Redfin Redfin (www.redfin.com) is a technology-powered real estate company. We help people find a place to live with brokerage, instant home-buying (iBuying), rentals, lending, title insurance, and renovations services. We sell homes for more money and charge half the fee. We also run the country's #1 real-estate brokerage site. Our home-buying customers see homes first with on-demand tours, and our lending and title services help them close quickly. Customers selling a home can take an instant cash offer from Redfin or have our renovations crew fix up their home to sell for top dollar. Our rentals business empowers millions nationwide to find apartments and houses for rent. Since launching in 2006, we've saved customers more than $1 billion in commissions. We serve more than 100 markets across the U.S. and Canada and employ over 6,000 people. Source: Redfin via PRNewswire WGAN Forum Related Discussions Tagged: Redfin | Statistics | News | Media Release | Real Estate Agents