Real Estate - Industry News Briefs

Goomzee, real estate marketing and technology company, recently announced the launch of a new mobile too that allows prospective home buyers the opportunity to access virtual tools through the use of their mobile SMS (text message) service. The platform allows interested individuals the opportunity to request an eight-photo tour by simply texting a code to the system. Goomze is currently running a demo to illustrate the features of the new product. To see the demo, text 10056 to 44133. Source: Inman News

The Associate Press Reported home prices fell by the sharpest rate ever in the month of July, according to Standard & Poor's housing index, released today. Home prices in July, over the July 2007 figure, fell 16.3 percent. Index creators do not expect to see a bottom to the declines, despite information illustrating a slowing decline rate over the last three months.