Real estate technology and AI news: proptech tools, AI in home search and listings, and how new technology is changing the way agents and buyers work.
Michigan Republican Senate nominee Mike Rogers now supports a one-year statewide moratorium on new data centers, reversing his July position as opposition to AI infrastructure crosses party lines.
The Southern Environmental Law Center asked a South Carolina court to stop construction of a $2.8 billion, 457-megawatt data center in Spartanburg County, saying the project improperly skipped planning commission review.
Indianapolis has finalized a moratorium halting new data center development through the end of 2027, adding Indiana’s largest city to a fast-growing list of communities restricting the industry.
reAlpha Tech Corp. has closed its roughly $8.5 million acquisition of InstaMortgage, bringing in-house mortgage origination, underwriting and funding to the AI-powered brokerage platform across 38 states and Washington, D.C.
CoStar Group has closed its $800 million all-cash purchase of homebuilding data provider Zonda, pushing the commercial real estate data giant deeper into the $400 billion new-home construction market.
Bedrock Robotics said it has begun running fully autonomous, operator-less excavators on live U.S. construction sites — a first for the machines — as the AI startup pushes to ease a persistent shortage of skilled equipment operators.
New American Funding, one of the largest U.S. mortgage lenders, said it is deploying Kastle’s Voice AI to handle customer phone interactions across both its origination and servicing operations.
Amazon Web Services said Tuesday it is increasing its planned investment in Northwest Louisiana to $18 billion, adding a third data center campus in Shreveport and pushing the total commitment $6 billion above the $12 billion figure the company announced in February, according to Amazon’s newsroom. The new campus will rise at Resilient Technology Park … Read more
Eagle Point Credit Management LLC has led a new holding-company loan for Nexus Data Centers’ sprawling Hubbard, Texas, campus — the AI data center project being built for anchor tenant Anthropic — pushing the development past a key milestone known as Final Investment Decision, the companies announced August 19. Bloomberg, citing people familiar with the … Read more
SoftBank is investing $200 million in Gravis Robotics, valuing the excavator-autonomy startup at $1 billion in the largest Series A on record for construction robotics.
NVIDIA, OpenAI and SoftBank have moved from exploratory talks to a formal agreement on an 8-gigawatt AI data center campus in Pike County, Ohio, with NVIDIA committing $1.5 billion directly to the project’s developer and backstopping $4.2 billion in new regional grid infrastructure.
Property data giant ATTOM has introduced three specialized AI agents that let users query its nationwide property database, analyze markets and generate client-ready reports using plain-language questions instead of code or dashboards.
American Housing Corp., founded by a former SpaceX engineer, says its factory-built, Lego-style rowhome system can cut construction costs 30% to 50% versus conventional homebuilding, and is raising a Series A to scale production.
A new Columbia University benchmark found leading AI models missed nearly a quarter of mortgage underwriting questions and showed sharp bias flagging deposits from non-English names as suspicious.
RPR, NAR’s data and technology subsidiary, won the 2026 PropTech Breakthrough Award for Real Estate Analytics Platform of the Year, citing an AI-assisted comp search tool added this year.
The company’s ZenaWorx platform now tracks grading, drainage and cut-and-fill volumes during the earthworks phase of data center construction, landing its first paying customer for the tool.
County assessors in Colorado, Ohio and Minnesota are warning homeowners about a viral AI-generated video falsely claiming Congress created a federal property tax relief program for seniors.
Proptech firm Altrio launched Altrio Pro, an AI tool that automatically scores and organizes commercial real estate deals from broker emails, and rebranded its Origin platform as Altrio Enterprise.
ApartmentIQ raised a $25 million follow-on round from repeat investor Susquehanna Growth Equity as the apartment data and AI platform says its coverage now spans more than 8 million units nationwide.
Meta is committing $1 billion to a new fund supporting teachers, first responders and infrastructure in the U.S. communities that host its data centers, CEO Mark Zuckerberg announced Monday.
HD Hyundai Heavy Industries signed a $675.6 million contract with Corban Energy Group to supply 1,000 megawatts of generator capacity for a U.S. data center, its largest power-generation order to date.
Zillow Group is expanding CFO Jeremy Hofmann’s role to also cover operations and naming Cassandra Knight as its first chief legal and policy officer, a day after cutting 500 jobs.
New analysis from BloombergNEF puts a dollar figure on Texas’s data center interconnection freeze: up to $15 billion in at-risk revenue and a possible three-month delay for nearly 50 gigawatts of capacity, with the state’s Batch Zero fast-track process the likely real target.
Zillow Group’s revenue climbed 18% to $772 million in the second quarter, topping the high end of its own guidance, even as the company posted a small net loss and saw site traffic decline for a second straight quarter, the company reported Aug. 5. The results land one day after Zillow disclosed cutting more than … Read more
Altus Group has acquired Valos, a UK-based platform that automates the property valuation and lending workflow for commercial real estate, the Toronto-listed real estate intelligence firm announced Aug. 6. Financial terms of the deal were not disclosed. Valos, founded in 2020 by CEO Alex Kountourides, connects valuation firms and mortgage lenders on a single platform … Read more
Proptech startups raised a reported $650.4 million across 30 financing events in June, according to CRETI. The analysis emphasizes investor preference for specialized software and operational use cases over broad, all-purpose platforms. Funding totals depend on CRETI’s inclusion criteria and disclosed deal values; large individual rounds should be verified against company or investor announcements. Key … Read more
Move Inc.’s Realtor.com posted its seventh straight quarter of revenue growth even as unique visitors fell, a strategy that puts it in sharp contrast with Zillow’s traffic-first super-app approach.
Rep. Ro Khanna plans to introduce a resolution letting local communities reject data center construction, part of a growing national backlash over AI infrastructure’s toll on electricity bills and water supplies.
CBRE research shows data center vacancy at record lows in Northern Virginia, Atlanta and Dallas-Fort Worth, with power delivery and permitting delays now the binding constraint on new supply.
Realtracs, the multiple listing service covering Nashville and markets across Tennessee, Kentucky, Alabama, Georgia, North Carolina and South Carolina, has signed a new data licensing agreement with Zillow that sets explicit rules for how the portal can use broker-created listing data in artificial intelligence products, according to an announcement posted to Realtracs’ own site on … Read more
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