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A Continued Decline in Housing Inventory

TrustBank

If you are looking to buy a house, you have likely observed that the real estate market is very competitive, with increased bidding activity leading to higher prices. One reason that the real estate market is so hot is that there is very low housing inventory available. National Home Price NSA Index reported a 13.2%

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iBuyers – Whose Side Are They On?

TrustBank

Zillow Offers, a subdivision of the company, had been speculatively investing in the residential real estate market even as the company was also providing real estate listing and internet home pricing services. The data for Portland, OR and Seattle, WA — markets in the Washington Trust Bank footprint — observed iBuyer market share of 2.3%

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Vacation Rental Home Startup Vacasa Isn’t Just An Airbnb Knockoff

PYMNTS

First, according to Breon, Vacasa tends to operate in smaller towns and more affluent communities, where people have vacation or second homes, as opposed to larger cities and urban centers, where Airbnb typically dominates the market. And Vacasa is serving a vastly different clientele than the one Airbnb caters to.

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What Are Smart Cities?

CB Insights

In fact, the global smart cities market size is projected to be worth $1.4T within the next 6 years, according to CB Insights market sizing data. The United Nations Economic Commission for Europe (UNECE) has established a global initiative called the United Smart Cities (USC) program. Government Initiatives.

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46 Corporations Working On Autonomous Vehicles

CB Insights

The Munich-based automaker followed this announcement by securing an alliance with Intel and Mobileye. The coalition plans to create an open standards-based platform for bringing self-driving cars to market, aiming to put its first vehicle, the BMW iNEXT, on the road by 2021. Read more: BBC , Forbes , Trucking Rave.

System 78
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The 2023 GonzoBanker Awards

Gonzobanker

Honorable Mentions – while this was a quiet year for M&A, we tip our hat to Atlantic Union’s acquisition of American National Bank and Eastern Bank’s acquisition of Cambridge Bank. We remember his architecting the legendary Bank of America and Security Pacific merger on the West Coast. Expect more deals to be announced in 2024.

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The Mother List of All Banking Books

Jeff For Banks

A Primer on Money, Banking, and Gold 2008 Cordelia Frances Biddle Biddle, Cordelia Frances Biddle, Jackson, and a Nation in Turmoil: The Infamous Bank War 2021 Alan S. The Panic of 1907: Lessons Learned from the Market's Perfect Storm 2009 Lowell L. The Courage to Act: A Memoir of a Crisis and Its Aftermath 2015 Peter L.

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