The Appraisal
Nima WedlakeThe Appraisal tracks the performance of publicly traded real estate technology companies. You'll also find broader insights across the real estate, mortgage, and venture capital ecosystems.
| Platform |  | Pricing | Only free issues | Publishes | Infrequently |
|---|---|---|---|---|---|
| Issues | 17 | Subscribers | Read | appraisal.substack.com |
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Latest Issues
Recent posts by this newsletter. Browse the email archive.
Figure S-1 Breakdown — The HELOC Machine on Crypto Rails
This is a special edition of the newsletter — we’re breaking down Figure’s S-1. It showcases a tech-enabled real-estate lender at real scale and profitability—with a clear, practical crypto layer. Let’s dig in!
The Appraisal, August 2025 — Opendoor's Open Questions
Welcome to the August edition of The Appraisal, a newsletter on real estate tech. My writing focuses on the 30+ public companies operating at the intersection of real estate and technology. In this issue, we review Opendoor’s journey as a p...
The Appraisal, June 2025 — Index Performance Updates & Ten Trending Topics
Welcome to the June edition of The Appraisal, a newsletter on real estate tech. My writing focuses on the 30+ public companies operating at the intersection of real estate and technology. In this edition, we’ll review the Real Estate Tech I...
The Appraisal, April 2025 — The Top 50 AI Startups in Real Estate 🏆
I’m excited to release the inaugural Real Estate x AI List, highlighting the top startups building AI applications within the real estate sector. Congratulations to the companies selected this year! A high-resolution version of the graphic ...
Authors
The writers behind this newsletter.
Investor at Thomvest Ventures focused on real estate technology
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