Author: ATTOM Team
Artificial Intelligence in Real Estate: Today, Tomorrow and the Future
Artificial Intelligence (AI) is the ability for a machine to solve problems by learning over time. It is similar to the way a brain processes information when making a decision. The term was coined by John McCarthy in 1956 who also quipped, “as soon as it works, no one calls it AI anymore.” That’s started to happen. The technology is now... Read More »
The Pros and Cons of AVMs in Real Estate
***This article was originally written in 2018, but has been updated for 2023 to reflect new solution providers*** AVMs have been an integral part of real estate technology since Zillow launched Zestimate. Controversy seems to follow AVMs wherever they pop up, so we wanted to take a moment to lay out the pros and cons of using an AVM in your... Read More »
Form & Function: Continuing the Debate of UI vs. Functionality
It is the pervading law of all things organic and inorganic, Of all things physical and metaphysical, Of all things human and all things super-human, Of all true manifestations of the head, Of the heart, of the soul, That the life is recognizable in its expression, That form ever follows function. This is the law. -Louis Sullivan At a panel... Read More »
What Does It Mean When They Say a Market Is HOT?
Remember the days when your listing sat on the market for 120, 150, 180+ days before selling? Most likely, you are trying to forget it. As Money.com pointed out in their recent article 12 Cities Where Homes are Flying off the Market, homes that sold in April spent a lot less time on the market. How much time? An average of 86 days... Read More »
Part I: What is the ATTOM Property API?
Here at ATTOM Data, we have data on every property in the country and their surrounding communities. We deliver that data to our clients in a variety of ways. One of the most popular ways is through an API. So what exactly is our Property API? API stands for Application Programming Interface. Basically, it’s a way for developers to... Read More »
54 Percent of U.S. Metros Post Median Home Prices Above Pre-Recession Peaks in Q1 2018
Houston, Dallas, Denver, San Jose, San Antonio Prices 50+ Percent Above Previous Peaks; Average U.S. Homeownership Tenure Posts Biggest Quarterly Drop Since Q4 2008; Report Includes Analysis of High-End Sales in Wake of Tax Reform IRVINE, Calif. – April 19, 2018 — ATTOM Data Solutions, curator of the nation’s premier property database, today... Read More »