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News Media Group, Inc.

Contact Details Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/

May 25, 2023 06:00 AM Eastern Daylight Time

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National Association of REALTORS® Housing Market Update: Spring Homebuying Season Shows Steady Demand

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/ISQQ6BDbGW0 With the spring buying season in full swing, many Americans are contemplating whether it’s a good time to buy or sell a home. Higher mortgage rates and relentless competition for the few houses on the market are some of the many reasons sellers and buyers should work with an agent who is a REALTOR® to find the right home and negotiate the terms of sale. In fact, according to NAR: Overall, home sales are trying to recover, but they’re heavily influenced by interest rates. Existing-home sales will drop 9.3% this year compared to 2022 but will increase by 15.4% next year. The typical seller receives 3.1 offers on their home, and 33% of homes are selling above list price. NAR expects prices will stabilize, dropping 1.8% this year before improving 2.8% in 2024. Median existing-home prices will mostly stabilize – with the national median existing-home price decreasing by 1.8% in 2023, to around $380,000. Sales in the second half of the year should be notably better than the first half as job gains continue and more favorable mortgage rates are expected. Housing inventory is also expected to remain tight in 2023, with housing starts below historical averages. However, housing starts will increase by 6.9% in 2024. As the market continues to shift, it is important to consult an expert real estate agent who can provide essential guidance to help consumers navigate the homebuying and selling process. In fact, 91% of homebuyers say they would engage their agent again or recommend them to others. Agents who are REALTORS® not only help people achieve the dream of homeownership but also help them create long-term wealth and financial stability for their family. Over the past decade, the median-priced home in the U.S. gained nearly $200,000 in value, making the typical homeowner 40 times wealthier than if they had remained a renter. Additionally, homeowners who benefited from home price appreciation in the last decade saw their debt decrease by 21%. If you’re looking for a REALTOR ® in your area, visit REALTOR.com. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

May 24, 2023 02:00 PM Eastern Daylight Time

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Belvoir Group benefiting from rising home rental prices

Belvoir Group PLC

Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

May 24, 2023 05:49 AM Eastern Daylight Time

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More Than Just a Room: How Airbnb Can Help You Travel Like a Local -- on a Budget

YourUpdateTV

Want to travel like a local, but on a budget? Airbnb is a great option for those looking to experience a destination authentically without breaking the bank. Recently, Airbnb Superhosts, Rhonda Voo and Eric Alan conducted a satellite media tour to talk about their experience being Airbnb hosts and how it helped them connect with people and have authentic experiences. A video accompanying this announcement is available at: https://youtu.be/6OnoHquTFMg In the current economic environment, people want to travel affordably. And after years of being isolated during the pandemic, they're looking for ways to connect with people and have authentic experiences. With the pandemic finally over, this summer is anticipated to be the biggest travel season of all time. Airbnb is expecting a record 300 million people to travel and host on Airbnb this year. To prepare, Airbnb is making the most extensive set of improvements to the platform ever, starting with the introduction of Airbnb Rooms, an all-new take on the original Airbnb. They’re also launching over 50 new features and upgrades that address top feedback from our guests and Hosts across the end-to-end Airbnb experience. Introducing Airbnb Rooms Airbnb began as a way to stay in a room in someone else’s home. This original idea of sharing a home offers two unique benefits. First, it’s more affordable for guests. More than 80% of private rooms are under $100/night, with an average rate of $67/night. Second, staying with a Host is a great way to meet someone new and experience the city like a local. In the current economic environment, people want to travel affordably. And after years of being isolated during the pandemic, they're looking for ways to connect with people and have authentic experiences. Now is the perfect time to stay in a room in someone else’s home. But for even more people to try it, they have to feel comfortable staying with a Host. Airbnb Rooms, an all-new take on the original Airbnb. Guests have told us that they want to know more about who they're staying with. Every Airbnb Room features a Host Passport, which helps guests get to know their Host before booking their stay. Airbnb has also created a Rooms category with over 1 million listings, redesigned filters and added new privacy features. 50+ new features and upgrades based on Hosts and Guests feedback: In preparation for an anticipated record-setting travel season, Airbnb is improving nearly every aspect of their service, here are some of the upgrades: Host Passport - Exclusive to Airbnb Rooms, the Host Passport helps you get to know your Host before booking your stay. Simply tap the Host Passport to view a larger photo and details Hosts have shared about themselves, including where they went to school, what they do for work, a fun fact about themselves, the amount of social interaction during the stay, and much more. Airbnb Rooms category - Airbnb Rooms are easy to discover, with a new category featuring a curated set of 1 million private bedrooms. Each listing includes access to shared spaces, such as the kitchen, living room, and backyard. Redesigned filters - Redesigned the “type of place” filter to make it easy to switch between Airbnb Rooms, entire homes, or all types of places. It’s simple to view the average price for each type of place with an enhanced price filter that updates based on your choice. New privacy features - Privacy is important. All Airbnb Rooms will clearly indicate if the bedroom door has a lock. The listing page also shows whether the bathrooms are shared or private, and whether people other than the Host will be in the home during your stay. To improve our service, Airbnb took a design-driven approach. They started by storyboarding the guest and Host journey - from sign up to checking out and created a blueprint of the experience - every screen, every policy, and every interaction with customer support mapped out. Then, analyzed millions of customer service tickets and mapped them across the journey. They also reviewed thousands of social media posts and spoke with hundreds of thousands of guests and Hosts about how to improve Airbnb. To find out more about the Airbnb 2023 Summer Release and how to become a host, visit Airbnb. About Rhonda and Erica Rhonda Voo and Eric Alan are superhosts of a private room in their stunning home in LA. Rhonda and Eric are both creatives at heart, pursuing careers in art and advertising – over the years they transformed their modest home into what is now an architecturally significant landmark in LA. After raising their three daughters, they noticed there was plenty of extra room around the house and decided to open their home to guests on Airbnb. Their experience continues to be rewarding — both financially and personally, making meaningful connections with visitors from around the globe. About Airbnb Airbnb was born in 2007 when two Hosts welcomed three guests to their San Francisco home and has since grown to 4 million Hosts who have welcomed more than 1 billion guest arrivals in almost every country across the globe. Every day, Hosts offer one-of-a-kind stays and unique Experiences that make it possible for guests to experience the world in a more authentic, connected way. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

May 16, 2023 03:00 PM Eastern Daylight Time

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Vertical IQ Acquires Localized Data Intelligence Experts Local Market Monitor

Vertical IQ

Industry Intelligence leader Vertical IQ has announced the acquisition of Local Market Monitor, which provides timely assessments and forecasts of more than 300 Metropolitan Statistical Areas (MSAs), 2,000 counties, and 20,000 ZIP codes across the U.S. The asset purchase will include Local Market Monitor’s current employees and customers. Local Market Monitor founder and president Ingo Winzer has won four Pulsenomics Crystal Ball Awards, which honors the most accurate and reliable forecasters for residential real estate prices. He is a recognized expert on real estate markets and economies, and his views are frequently cited in national publications such as Forbes, Fortune, Wall Street Journal, Think Realty, and Housing Wire. This strategic purchase will enable Vertical IQ to provide its Industry Intelligence customers with deeper, more granular data at the local level, explains Bobby Martin, CEO and cofounder of Vertical IQ. “Vertical IQ has long relied upon the exceptional local economic data provided by Local Market Monitor,” Martin notes. “This acquisition will allow us to better showcase the local economic conditions that drive success for a particular industry at the MSA and even the county level – key drivers such as wages, housing prices, construction, and employment.” The addition of Local Market Monitor to Vertical IQ’s portfolio also will add to the firm’s product offerings, notes Vertical IQ president David Buffaloe. “While Vertical IQ will continue to enhance our Industry Intelligence product using their outstanding data, Local Market Monitor will remain a standalone offering as well,” Buffaloe explains. “We are thrilled to be able to provide this new product that enables bankers and investors to better analyze real estate values using Local Market Monitor’s award-winning Equilibrium Home Prices.” Winzer also welcomes the advantages to the company’s existing clients that will come from the acquisition by Vertical IQ. “When I founded Local Market Monitor in 1990 as a quarterly publication, I never could have imagined the reach our data could achieve,” says Winzer. “Now, by joining forces with Vertical IQ, I’m thrilled that we will be able to extend our product offering to an even wider array of users and use our expertise to enhance their Industry Intelligence platform.” To learn more about Vertical IQ or to request a demo, visit www.verticaliq.com. For more information on Local Market Monitor, visit www.localmarketmonitor.com. ABOUT VERTICAL IQ Headquartered in Raleigh, N.C., Vertical IQ is a nationally recognized leader in Industry Intelligence. Whether they’re pitching a local brewery or a national biotech company, successful sales, marketing and customer success teams use Vertical IQ to better understand a prospect’s or client’s business challenges before, during and after meetings. Covering more than 97 percent of the economic revenue in the U.S. and Canada through more than 920 Industry Profiles and 3,400 local economic reports, Vertical IQ equips users with the confidence and credibility to make memorable first impressions and sustain enduring relationships. ABOUT LOCAL MARKET MONITOR Local Market Monitor provides award-winning national real estate economic analysis and forecasting tools, offering investors in homes and home mortgages the local market risk intelligence they need to make informed decisions. Using a proprietary formula called the Equilibrium Home Price, Local Market Monitor determines if markets are currently over- or under-valued, equipping users with a long-term risk and investment perspective. Local Market covers more than 300 local markets across the U.S. and offers real estate investors reporting tools such as Home Price Valuation, Mortgage Portfolio Valuation, Mortgage Portfolio Stress Test, Home Price and Rent Forecasts, Local Market Reviews and Business Growth Reports. ### Contact Details Kelsey Surmacz +1 919-787-4600 ksurmacz@verticaliq.com Company Website https://verticaliq.com/

May 16, 2023 08:30 AM Eastern Daylight Time

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Techspace Takes off-sites, on-site, with their Berlin Event Spaces

Techspace

Techspace, the office space provider for change-makers with tech at the heart of what they do, houses some of tomorrow’s household technology names. Most notably some of their member alumni include unicorns such as GoStudent, Trade Republic and Flink. As part of their latest move to cater to the new world of hybrid working, Techspace has begun looking at using its mix of spaces and amenities to cater to the ever-changing needs of its member base. As part of this, Techspace has adapted its offering to build packages for teams running company “off-sites", by bringing them “on-site”. By repurposing its event spaces at The Vault at Eiswerk and The Annex at Kreuzberg, Techspace is able to offer members and clients two stunning spaces that adapt to any and all types of team get-togethers. Whether you call them "All Hands", "Company updates" or "Team Days" the in-built flexibility that comes with Techspace’s hub buildings allows clients to leverage the amenities on-site and, in turn, build the right experience for their employees. Whether that’s arriving for coffee in the Members’ Café, creating break-out focus rooms by booking meeting rooms, or setting up audio-visual (A/V) to ensure hybrid events are inclusive when dialling in international colleagues, Techspace has the plug and play solution. As Phil Ellis, Marketing Director at Techspace, comments, “Over the last 18 months many companies have embraced hybrid working and, in turn, reduced the size of their HQ. The dispersed nature of hybrid means there’s a novelty in bringing the whole company together, and now more than ever, it makes sense for teams’ to book their off-site... on-site!” Techspace understands the workplace is fast becoming part of the experience economy, and sets its sights on designing ‘A la carte’ packages which are designed to make team’s next "All in Day" an experience they will remember. More information about Techspace’s Berlin event spaces can be found below. The Vault At 51-60 sq m, The Vault is a multi-use room that immediately makes an impact. WIth its flexible and adaptable design, The Vault is perfect for a wide range of event styles and formats, as clients can choose between theatre, conference, classroom and workshop style. Truly, The Vault is a dream space, perfect for team away days in a private setting. Generously equipped with state-of-the-art AV and 98 inch 4K TV, The Vault boasts a range of furniture options, making this multi-use room ideal for any gathering of ~15 to ~50 guests. Guests can also enjoy the EIS Cafe and member's lounge at Techspace Eiswerk, serving coffee, soft drinks and snacks, as well an outdoor area with picnic tables and ping pong. The Annex The Annex is a 150m² private venue based at the Techspace Kreuzberg location. The Annex is able to accommodate 50 seated and 100+ standing guests, and is provided complete with a kitchenette and presentation equipment, making the latest addition to Techspace’s Berlin offering ideal for All-in Days, workshops and networking, Everything you need to run a successful event is on hand. From audio equipment, to big screens and breakout spaces. Clients can also make the most of the terrace with 4 picnic tables, ping pong and a swing! Giving guests the opportunity for some outdoor downtime and vitamin D between event sessions. The Annex is ventilated, with a range of additional catering and staff services on offer by request. Techspace Kreuzberg is also blessed with superb connections via the U8 on U Moritzplatz. A short walk to the East brings you to some of the best bars and restaurants in the area, including one of our favourite bars, Café Luzia. Both locations offer high, lofty ceilings full of natural light, and are in stunning buildings picked as much for their characterful charm as their practical features. Berlin, a city with a long history of innovation and design, is a rapidly growing hub of Germany’s tech sector, making these two venues ideally located for your next company team day. Contact Details Techspace Phil Ellis phil@techspace.co

May 15, 2023 06:02 AM Eastern Daylight Time

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Harvest Thermal Wins 'People’s Choice Award' at NREL Industry Growth Forum

Harvest Thermal

Harvest Thermal Inc won the People’s Choice Award at the US DOE National Renewable Energy Lab’s Industry Growth Forum. It was the 5th major award for innovation in the past 7 months for the start-up manufacturer of ultra-low carbon home heating, cooling and hot water systems. “We’re enormously grateful that our thermal battery solution for home heating was awarded the People’s Choice prize by expert climate tech investors and fellow entrepreneurs”, said Dr. Jane Melia, CEO of Harvest Thermal. “It mirrors our customers' passion for our product that slashes their home's carbon footprint while delivering lower monthly heating bills and superior comfort.” Harvest Thermal Pod, an AI-driven, cloud-enabled controller limits the runtime of a single all-electric heat pump to midday when electricity is low-cost and clean. The thermal battery system stores hot water in a tank that distributes heat and hot water to the home whenever needed. The system consistently cuts carbon emissions by 90% compared to gas equipment, 50% lower than a two-heat pump solution, while lowering bills monthly electric bills by 1/3. Two weeks ago, Melia walked the Red Carpet at Fast Company’s Most Innovative Companies Festival and received her company’s award for Small Businesses. That same week, Harvest Thermal took a Silver at the Edison Awards for Sustainable Design in the Consumer Solutions category. In October, Melia was named 100 Women of Influence of 2022 by Entrepreneur Magazine and was awarded the top ClimateTech prize at VERGE22 Accelerate competition in addition to winning the Buildings category. ABOUT NREL INDUSTRY GROWTH FORUM The Department of Energy National Renewable Energy Lab’s Industry Growth Forum is the premier cleantech event that brings together entrepreneurs, investors, and industry experts to create powerful connections. The IGF builds on decades of technical expertise and market analysis accumulated at the National Renewable Energy Laboratory (NREL), the nation’s only federal lab dedicated to renewable energy and energy efficiency research. The event allows participants to forge new relationships, display cutting-edge technologies, and discover ways to bring cleantech to the market. Harvest Thermal Inc. is a developer and manufacturer of an AI-driven, thermal battery heating, cooling and hot water system for the residential market. Its award-winning, cloud-enabled Harvest Pod controller leverages the power of advanced analytics and machine learning to dramatically reduce carbon emissions, save on monthly heating bills and support a more resilient grid. Founded in 2019, Harvest Thermal has received support from the National Science Foundation, the California Energy Commission, Peninsula Clean Energy, and private investors. Contact Details David Tuft +1 202-494-0813 david@harvest-thermal.com Company Website https://www.harvest-thermal.com/

May 04, 2023 03:25 PM Eastern Daylight Time

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Cemtrex outlines growth potential for key Vicon and Advanced Industrial Services businesses

Centrex Ltd

Cemtrex chairman and CEO Saagar Govil tells Proactive's Stephen Gunnion about the emerging growth company that has grown over the past two decades by building companies from technology to manufacturing. Its current portfolio includes AI-based security technology company Vicon and Advanced Industrial Services, which provides turnkey solutions to the US's leading manufacturing and industrial businesses. Govil sees big opportunities for both through new contracts and potential M&A. Contact Details Proactive Investors +1 347-449-0879 na-editorial@proactiveinvestors.com

May 04, 2023 12:48 PM Eastern Daylight Time

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Tribe Property Technologies sees double digit increases in revenue for 4Q and FY 2022

Tribe Property Technologies Inc.

Tribe Property Technologies CEO Joseph Nakhla joined Steve Darling from Proactive to share news the company has released its 4Q and full-year 2022 financials, showing steady and consistent growth. Nakhla telling Proactive the company saw 4Q revenue of $4.75 million, an increase of 18.8% over 4Q of 2021, and a new record for the company. The company also saw annual revenue of $17.81 million, another record, compared to $15.83 million for the year ended December 31, 2021. The majority of the business brought onboard last year was organic, driven by traditional property management companies looking for more efficient and digital support for their management needs. In 2023, the company anticipates a massive catch-up in brand new construction completion, with between 22 and 24 new communities coming onboard. Tribe Property Technologies is also actively looking for potential acquisitions to expand its presence in the Ontario market. The company's focus for 2023 is on optimization and profitability improvement. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

May 03, 2023 02:25 PM Eastern Daylight Time

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