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		<title>Routine Upkeep Retains HVAC Models Buzzing</title>
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		<dc:creator><![CDATA[]]></dc:creator>
		<pubDate>Sun, 11 Dec 2022 19:29:50 +0000</pubDate>
				<category><![CDATA[HVAC]]></category>
		<category><![CDATA[Humming]]></category>
		<category><![CDATA[maintenance]]></category>
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					<description><![CDATA[<p>A technician checks the pressure on an HVAC unit during a diagnostics test. (SafeConnect) [Stay on top of transportation news: Get TTNews in your inbox.] Most experts say that detecting and dealing with refrigerant leaks is the biggest challenge in regular maintenance of air conditioning systems on Class 8 tractors. For that reason, regular maintenance &#8230;</p>
<p>The post <a href="https://losgatosnewsandevents.com/routine-upkeep-retains-hvac-models-buzzing-2/">Routine Upkeep Retains HVAC Models Buzzing</a> appeared first on <a href="https://losgatosnewsandevents.com">Los Gatos News And Events</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p></p>
<p> <span class="photo-credit">A technician checks the pressure on an HVAC unit during a diagnostics test.  (SafeConnect)</span></p>
<p>[Stay on top of transportation news: Get TTNews in your inbox.]</p>
<p class="TX">Most experts say that detecting and dealing with refrigerant leaks is the biggest challenge in regular maintenance of air conditioning systems on Class 8 tractors.  For that reason, regular maintenance on the systems is critical.</p>
<p class="TX">Steven Schaeber, manager of service training and technical editor for the Mobile Air Conditioning Society, said there&#8217;s no such thing as a leak-free HVAC system on a tractor.  They all have minute leaks at every joint, at every O-ring connection, every sealing point.  The hunt to find and address leaks is constant.  Without regular maintenance, Schaeber noted, the problems only get worse.</p>
<p class="TX">“Over a period of time — it may be seven, eight, 10 years — the refrigerant charge drops down, and if you don&#8217;t maintain the charge level you run the risk of overheating the compressor and that&#8217;s where it fails,” he said .</p>
<p>  <img decoding="async" loading="lazy" src="https://news.google.com/sites/default/files/hvac-steven-schaeber-150.jpg" typeof="foaf:Image" class="img-responsive"/></p>
<p class="TX"><span class="light-grey-txt">Schaeber</span></p>
<p class="TX">Schaeber added the leaked refrigerant instantly evaporates;  Thus electronic leak detectors and fluorescent trace dyes are the methods for tracking down leaks.  &#8220;In my opinion you have to use both,&#8221; he said.  “There are some leaks that you can&#8217;t find with dye.”</p>
<p class="TX">Performing motor vehicle air conditioning (MVAC) work requires the technician to be certified.  The US Environmental Protection Agency states that &#8220;any person who repairs or services MVAC systems for consideration (payment or bartering) must be properly trained and certified under Section 609 of the Clean Air Act by an EPA-approved program.&#8221;</p>
<p class="TX">EPA adds that its approved technician training and certification programs “provide education on the proper use of MVAC servicing equipment, the applicable regulatory requirements, the importance of refrigerant recovery, and the effects of improper handling of refrigerants on the ozone layer and climate.”</p>
<p>  <img decoding="async" loading="lazy" src="https://news.google.com/sites/default/files/hvac-tech-diagnosing-300.jpg" typeof="foaf:Image" class="img-responsive"/></p>
<p class="TX"><span class="light-grey-txt">Regular AC unit maintenance minimizes major issues in the long term.  (Mobile Transportation Service)</span></p>
<p class="TX">To be certified, technicians must be trained by an EPA-approved program — ie the National Institute of Automotive Service Excellence — and pass a test demonstrating knowledge in these areas.</p>
<p class="TX">Travis Wynes, a former consultant helping fleets improve maintenance practices and shop operations, said in order to stay on top of HVAC maintenance, fleet technicians need to be properly versed on the subject.  “One of the biggest problems I saw was just a lack of training, and a lack of anyone to put procedures and policies in place,” he said.</p>
<p class="TX">Manufacturing and design advancements introduced during the past 10 years have helped to reduce emissions, makers of the systems and the maintenance experts said.</p>
<p class="TX">Components have improved in the past 10 years, and high-performance condensers and evaporators have been introduced during that time as well, helping to reduce emissions from the system while providing greater efficiency, said Brett Herrmann, engineering lead in mechanical design for Rockford, Ill .-based Bergstrom Inc.</p>
<p class="TX">“Your refrigerant charge level goes down quite a bit.  If there is a leak, you&#8217;re going to lose a lot less refrigerant into the atmosphere with the improved heat exchanger technology,” he said.  &#8220;On the AC side the hoses and the fittings and the seals have improved significantly in the last 10 years, and I think that&#8217;s a big contributor to the reduction in emissions and leaks.&#8221;</p>
<p class="TX">For more than 25 years, the refrigerant in the systems has been R-134a, but regulatory changes are underway to a different refrigerant.  The American Innovation and Manufacturing Act, part of the Consolidated Appropriations Act 2021, directs EPA to phase down production and consumption of hydrofluorocarbons by 85% over the next 15 years.  Hydrofluorocarbons (HFCs), which include R-134a, are greenhouse gases.</p>
<p class="TX">According to EPA, a final rule established by the AIM Act “sets HFC production and consumption baseline levels from which reductions will be made, establishes an initial methodology for allocating and trading HFC allowances for 2022 and 2023” and creates a compliance and enforcement system.</p>
<p class="TX">&#8220;For us in mobile air conditioning, that means reducing the use of 134a,&#8221; Schaeber said.</p>
<p class="TX">Many in the trucking industry are anticipating a change to a refrigerant called 1234yf which is under testing.</p>
<p class="TX">Although it is the front-running replacement candidate, HVAC technicians want to make sure 1234yf is as good a performer as R-134a,</p>
<p class="TX">“We&#8217;ve got to make sure that we have all the proper charging equipment, [and] training in place before we make that move,” Herrmann added.</p>
<h3 class="NormalParagraphStyle">HVAC Tips from the Experts</h3>
<p class="TX Subhead"><strong>Simple maintenance</strong></p>
<p>  <img decoding="async" loading="lazy" src="https://news.google.com/sites/default/files/braswell-150.jpg" typeof="foaf:Image" class="img-responsive"/></p>
<p class="TX"><span class="light-grey-txt">braswell</span></p>
<p class="TX">One of the simplest of tasks in maintaining HVAC systems is taking care of the filter.  Brett Herrmann, engineering lead in mechanical design for Bergstrom Inc.&#8217;s Global Electrified HVAC and Thermal Systems Group;  Robert Braswell, executive director of American Trucking Associations&#8217; Technology &#038; Maintenance Council;  and Travis Wynes, owner of Mobile Transportation Service, which performs maintenance for truck fleets, highlighted “must-dos” of HVAC maintenance:</p>
<p class="TX Subhead"><strong>Don&#8217;t Starve the AC</strong></p>
<p class="TX">Working on HVAC systems, Herrmann has seen a lot of trucks with filters plugged with dog and cat hair.  He noted that failing to clean the filters is akin to starving the air conditioning system. Removing a filter often allows a tech to see the evaporator.  &#8220;If you can vacuum or clean the face of the evaporator coil, that&#8217;ll help with the air flow.&#8221;</p>
<p class="TX Subhead"><strong>stay vigilante</strong></p>
<p class="TX">Regular cleaning of the exchangers is important, Braswell said, noting that for any truck going down the road “there are things blowing toward the engine.  You&#8217;ve got to clean [exchangers] backward, so you&#8217;re pushing out all the debris and bugs and gunk.&#8221;  Potential for damage to the systems is constant, Braswell added.  &#8220;Something gets caught up in the blower wheel from the outside, or the wiring gets compromised because of corrosion, or the drain hoses are plugged up.&#8221;  That last could lead to water intrusion in the cab, he said.</p>
<p class="TX Subhead"><strong>Check the fittings</strong></p>
<p>  <img decoding="async" loading="lazy" src="https://news.google.com/sites/default/files/hvac-herrmann-150.jpg" typeof="foaf:Image" class="img-responsive"/></p>
<p class="TX"><span class="light-grey-txt">Herrmann</span></p>
<p class="TX">For secure refrigerant/coolant circuits, check and confirm that the fittings are tight and the hoses are unobstructed.  “A lot of times you see hoses that aren&#8217;t routed properly.  Be sure the hoses aren&#8217;t rubbing on sharp edges,” Herrmann noted.</p>
<p class="TX">The receiver-dryer often has a moisture indicator.  &#8220;A lot of times when there&#8217;s moisture, there&#8217;s a leak somewhere,&#8221; Herrmann said, or the system got contaminated during the last service.  &#8220;If it shows that moisture got into the refrigerant circuit, pull the refrigerant out, do a thorough leak check, make sure the system is clean and recharge the system.&#8221;</p>
<p class="TX Subhead"><strong>Safety First</strong></p>
<p class="TX">Wynes emphasized that technicians should use proper personal protective equipment such as eye protection since technicians will handle hazardous fluid.  Safety protocols include proper ventilation and keeping refrigerant away from open flames and high-temperature surfaces.</p>
<p class="TX Subhead"><strong>monitor the cab</strong></p>
<p class="TX">Make sure to inspect the HVAC system in the cab of the truck as well.  Hermann recommends ensuring the doors are working properly.  Strange noises from the rotation of the doors or the blower are tipoffs.  “Sometimes you may get a bit of rubbing somewhere &#8230; or hear odd noises when you turn the blowers to different speeds or move the doors.  That&#8217;s an indication that something is either warped or something is loose,” he said.  “It&#8217;s a simple thing to listen for.  If you go in and tighten that screw before it bends or breaks, it&#8217;s good preventive maintenance.&#8221;</p>
<p><strong>Want more news?</strong> Listen to today&#8217;s daily briefing below or go here for more info:</p>
<p><iframe class="not-video" frameborder="0" height="250" src="https://player.spokenlayer.net/transport-topics?__v=linear" width="100%"></iframe></p></p>
<p>The post <a href="https://losgatosnewsandevents.com/routine-upkeep-retains-hvac-models-buzzing-2/">Routine Upkeep Retains HVAC Models Buzzing</a> appeared first on <a href="https://losgatosnewsandevents.com">Los Gatos News And Events</a>.</p>
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		<title>Routine Upkeep Retains HVAC Models Buzzing</title>
		<link>https://losgatosnewsandevents.com/routine-upkeep-retains-hvac-models-buzzing/</link>
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		<dc:creator><![CDATA[]]></dc:creator>
		<pubDate>Sun, 20 Mar 2022 10:13:06 +0000</pubDate>
				<category><![CDATA[HVAC]]></category>
		<category><![CDATA[Humming]]></category>
		<category><![CDATA[maintenance]]></category>
		<category><![CDATA[routine]]></category>
		<category><![CDATA[units]]></category>
		<guid isPermaLink="false">https://losgatosnewsandevents.com/?p=19329</guid>

					<description><![CDATA[<p>[Stay on top of transportation news: Get TTNews in your inbox.] Most experts say that detecting and dealing with refrigerant leaks is the biggest challenge in regular maintenance of air conditioning systems on Class 8 tractors. For that reason, regular maintenance on the systems is critical. Steven Schaeber, manager of service training and technical editor &#8230;</p>
<p>The post <a href="https://losgatosnewsandevents.com/routine-upkeep-retains-hvac-models-buzzing/">Routine Upkeep Retains HVAC Models Buzzing</a> appeared first on <a href="https://losgatosnewsandevents.com">Los Gatos News And Events</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p></p>
<p data-nosnippet="">[Stay on top of transportation news: Get TTNews in your inbox.]</p>
<p>Most experts say that detecting and dealing with refrigerant leaks is the biggest challenge in regular maintenance of air conditioning systems on Class 8 tractors.  For that reason, regular maintenance on the systems is critical.</p>
<p>Steven Schaeber, manager of service training and technical editor for the Mobile Air Conditioning Society, said there&#8217;s no such thing as a leak-free HVAC system on a tractor.  They all have minute leaks at every joint, at every O-ring connection, every sealing point.  The hunt to find and address leaks is constant.  Without regular maintenance, Schaeber noted, the problems only get worse.</p>
<p>“Over a period of time — it may be seven, eight, 10 years — the refrigerant charge drops down, and if you don&#8217;t maintain the charge level you run the risk of overheating the compressor and that&#8217;s where it fails,” he said .</p>
</p>
<p><span style="color:#808080;">Schaeber</span></p>
<p>Schaeber added the leaked refrigerant instantly evaporates;  Thus electronic leak detectors and fluorescent trace dyes are the methods for tracking down leaks.  &#8220;In my opinion you have to use both,&#8221; he said.  “There are some leaks that you can&#8217;t find with dye.”</p>
<p>Performing motor vehicle air conditioning (MVAC) work requires the technician to be certified.  The US Environmental Protection Agency states that &#8220;any person who repairs or services MVAC systems for consideration (payment or bartering) must be properly trained and certified under Section 609 of the Clean Air Act by an EPA-approved program.&#8221;</p>
<p>EPA adds that its approved technician training and certification programs “provide education on the proper use of MVAC servicing equipment, the applicable regulatory requirements, the importance of refrigerant recovery, and the effects of improper handling of refrigerants on the ozone layer and climate.”</p>
<p><img decoding="async" alt="Technician conducts diagnostic test on HVAC unit" src="https://www.ttnews.com/sites/default/files/hvac-tech-diagnosing-300.jpg"/></p>
<p><span style="color:#808080;">Regular AC unit maintenance minimizes major issues in the long term.  (Mobile Transportation Service)</span></p>
<p>To be certified, technicians must be trained by an EPA-approved program — ie the National Institute of Automotive Service Excellence — and pass a test demonstrating knowledge in these areas.</p>
<p>Travis Wynes, a former consultant helping fleets improve maintenance practices and shop operations, said in order to stay on top of HVAC maintenance, fleet technicians need to be properly versed on the subject.  “One of the biggest problems I saw was just a lack of training, and a lack of anyone to put procedures and policies in place,” he said.</p>
<p>Manufacturing and design advancements introduced during the past 10 years have helped to reduce emissions, makers of the systems and the maintenance experts said.</p>
<p>Components have improved in the past 10 years, and high-performance condensers and evaporators have been introduced during that time as well, helping to reduce emissions from the system while providing greater efficiency, said Brett Herrmann, engineering lead in mechanical design for Rockford, Ill .-based Bergstrom Inc.</p>
<p>“Your refrigerant charge level goes down quite a bit.  If there is a leak, you&#8217;re going to lose a lot less refrigerant into the atmosphere with the improved heat exchanger technology,” he said.  &#8220;On the AC side the hoses and the fittings and the seals have improved significantly in the last 10 years, and I think that&#8217;s a big contributor to the reduction in emissions and leaks.&#8221;</p>
<p>For more than 25 years, the refrigerant in the systems has been R-134a, but regulatory changes are underway to a different refrigerant.  The American Innovation and Manufacturing Act, part of the Consolidated Appropriations Act 2021, directs EPA to phase down production and consumption of hydrofluorocarbons by 85% over the next 15 years.  Hydrofluorocarbons (HFCs), which include R-134a, are greenhouse gases.</p>
<p>According to EPA, a final rule established by the AIM Act “sets HFC production and consumption baseline levels from which reductions will be made, establishes an initial methodology for allocating and trading HFC allowances for 2022 and 2023” and creates a compliance and enforcement system.</p>
<p>&#8220;For us in mobile air conditioning, that means reducing the use of 134a,&#8221; Schaeber said.</p>
<p>Many in the trucking industry are anticipating a change to a refrigerant called 1234yf which is under testing.</p>
<p>Although it is the front-running replacement candidate, HVAC technicians want to make sure 1234yf is as good a performer as R-134a,</p>
<p>“We&#8217;ve got to make sure that we have all the proper charging equipment, [and] training in place before we make that move,” Herrmann added.</p>
<h3 class="NormalParagraphStyle">HVAC Tips from the Experts</h3>
<p class="TX Subhead"><strong>Simple maintenance</strong></p>
<p><img decoding="async" alt="Robert Braswell" src="https://www.ttnews.com/sites/default/files/braswell-150.jpg"/></p>
<p><span style="color:#808080;">braswell</span></p>
<p>One of the simplest of tasks in maintaining HVAC systems is taking care of the filter.  Brett Herrmann, engineering lead in mechanical design for Bergstrom Inc.&#8217;s Global Electrified HVAC and Thermal Systems Group;  Robert Braswell, executive director of American Trucking Associations&#8217; Technology &#038; Maintenance Council;  and Travis Wynes, owner of Mobile Transportation Service, which performs maintenance for truck fleets, highlighted “must-dos” of HVAC maintenance:</p>
<p class="TX Subhead"><strong>Don&#8217;t Starve the AC</strong></p>
<p>Working on HVAC systems, Herrmann has seen a lot of trucks with filters plugged with dog and cat hair.  He noted that failing to clean the filters is akin to starving the air conditioning system. Removing a filter often allows a tech to see the evaporator.  &#8220;If you can vacuum or clean the face of the evaporator coil, that&#8217;ll help with the air flow.&#8221;</p>
<p class="TX Subhead"><strong>stay vigilante</strong></p>
<p>Regular cleaning of the exchangers is important, Braswell said, noting that for any truck going down the road “there are things blowing toward the engine.  You&#8217;ve got to clean [exchangers] backward, so you&#8217;re pushing out all the debris and bugs and gunk.&#8221;  Potential for damage to the systems is constant, Braswell added.  &#8220;Something gets caught up in the blower wheel from the outside, or the wiring gets compromised because of corrosion, or the drain hoses are plugged up.&#8221;  That last could lead to water intrusion in the cab, he said.</p>
<p class="TX Subhead"><strong>Check the fittings</strong></p>
<p><img decoding="async" alt="Brett Herrman" src="https://www.ttnews.com/sites/default/files/hvac-herrmann-150.jpg"/></p>
<p><span style="color:#808080;">Herrmann</span></p>
<p>For secure refrigerant/coolant circuits, check and confirm that the fittings are tight and the hoses are unobstructed.  “A lot of times you see hoses that aren&#8217;t routed properly.  Be sure the hoses aren&#8217;t rubbing on sharp edges,” Herrmann noted.</p>
<p>The receiver-dryer often has a moisture indicator.  &#8220;A lot of times when there&#8217;s moisture, there&#8217;s a leak somewhere,&#8221; Herrmann said, or the system got contaminated during the last service.  &#8220;If it shows that moisture got into the refrigerant circuit, pull the refrigerant out, do a thorough leak check, make sure the system is clean and recharge the system.&#8221;</p>
<p class="TX Subhead"><strong>Safety First</strong></p>
<p>Wynes emphasized that technicians should use proper personal protective equipment such as eye protection since technicians will handle hazardous fluid.  Safety protocols include proper ventilation and keeping refrigerant away from open flames and high-temperature surfaces.</p>
<p class="TX Subhead"><strong>monitor the cab</strong></p>
<p>Make sure to inspect the HVAC system in the cab of the truck as well.  Hermann recommends ensuring the doors are working properly.  Strange noises from the rotation of the doors or the blower are tipoffs.  “Sometimes you may get a bit of rubbing somewhere &#8230; or hear odd noises when you turn the blowers to different speeds or move the doors.  That&#8217;s an indication that something is either warped or something is loose,” he said.  “It&#8217;s a simple thing to listen for.  If you go in and tighten that screw before it bends or breaks, it&#8217;s good preventive maintenance.&#8221;</p>
<p><strong>Want more news?</strong> Listen to today&#8217;s daily briefing below or go here for more info:</p>
<p><iframe loading="lazy" class="not-video" frameborder="0" height="250" src="https://player.spokenlayer.net/transport-topics?__v=linear" width="100%"></iframe></p></p>
<p>The post <a href="https://losgatosnewsandevents.com/routine-upkeep-retains-hvac-models-buzzing/">Routine Upkeep Retains HVAC Models Buzzing</a> appeared first on <a href="https://losgatosnewsandevents.com">Los Gatos News And Events</a>.</p>
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		<title>Buzzing Properties Raises $8.1M To Take On House Companies Market With Latest $5.6M Seed Spherical Led By Greycroft</title>
		<link>https://losgatosnewsandevents.com/buzzing-properties-raises-8-1m-to-take-on-house-companies-market-with-latest-5-6m-seed-spherical-led-by-greycroft/</link>
					<comments>https://losgatosnewsandevents.com/buzzing-properties-raises-8-1m-to-take-on-house-companies-market-with-latest-5-6m-seed-spherical-led-by-greycroft/#respond</comments>
		
		<dc:creator><![CDATA[]]></dc:creator>
		<pubDate>Wed, 13 Oct 2021 04:39:08 +0000</pubDate>
				<category><![CDATA[Home services]]></category>
		<category><![CDATA[56M]]></category>
		<category><![CDATA[81M]]></category>
		<category><![CDATA[Greycroft]]></category>
		<category><![CDATA[home]]></category>
		<category><![CDATA[Homes]]></category>
		<category><![CDATA[Humming]]></category>
		<category><![CDATA[Led]]></category>
		<category><![CDATA[market]]></category>
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		<guid isPermaLink="false">https://losgatosnewsandevents.com/?p=12709</guid>

					<description><![CDATA[<p>NEW YORK&#8211;(BUSINESS WIRE) &#8211; Humming Homes, a technology-enabled property management solution for single-family homes in suburban markets, announced today that a Greycroft-led $ 5.6 million seed increase involving AlleyCorp, Thrive Capital, Sound Ventures, New Valley Ventures, and prominent angel investor Abby Miller Levy. Founded by Adeel Mallick, CEO, Kyle Carnes, Head of Operations, and serial &#8230;</p>
<p>The post <a href="https://losgatosnewsandevents.com/buzzing-properties-raises-8-1m-to-take-on-house-companies-market-with-latest-5-6m-seed-spherical-led-by-greycroft/">Buzzing Properties Raises $8.1M To Take On House Companies Market With Latest $5.6M Seed Spherical Led By Greycroft</a> appeared first on <a href="https://losgatosnewsandevents.com">Los Gatos News And Events</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p></p>
<p>NEW YORK&#8211;(<span itemprop="provider publisher copyrightHolder" itemscope="itemscope" itemtype="https://schema.org/Organization" itemid="https://www.businesswire.com"><span itemprop="name">BUSINESS WIRE</span></span>) &#8211; Humming Homes, a technology-enabled property management solution for single-family homes in suburban markets, announced today that a Greycroft-led $ 5.6 million seed increase involving AlleyCorp, Thrive Capital, Sound Ventures, New Valley Ventures, and prominent angel investor Abby Miller Levy.
</p>
<p>Founded by Adeel Mallick, CEO, Kyle Carnes, Head of Operations, and serial tech entrepreneur Kevin Ryan, Chairman of the Board, Humming Homes is committed to making home ownership easier and more enjoyable.  With the aim of becoming the most trusted home services partner in the country, it has developed an end-to-end management solution based on software for single family home owners.  With a digital-first experience, dedicated personal home management teams with a single point of contact, live support around the clock, and data and insights to avoid reactive and expensive home maintenance problems, the system is designed to revise its importance as owning a home own and maintain.
</p>
<p>The financing will fuel Humming Homes&#8217; continued growth as the company seeks to expand beyond its original Northeast markets and provide a modern alternative to the established home service providers.
</p>
<p>“Seasoned homeowners know that managing a home is like having a second job.  Homes require constant maintenance, from landscaping to seasonal cleaning of HVAC, chimneys, windows, and siding.  Homeowners have a long list of contractors and suppliers, and you never know if prices are fair, ”said Ian Sigalow, co-founder and partner at Greycroft, who will join the board.  &#8220;Humming Homes solves the problem of how difficult it is for most people to manage their most valuable asset &#8211; their home.&#8221;
</p>
<p>According to The National Association of Realtors, 40% of all single-family home purchases between 2020 and 2021 were made by those under the age of 40 and more space shows no signs of quitting.
</p>
<p>“We have the youngest consumer, the most tech-savvy and, from a generation perspective, the least equipped to manage a home in terms of time and experience available.  Today&#8217;s first-time homeowners have limited resources to help them transition from renting to home, ”said Adeel Mallick, CEO of Humming Homes.  &#8220;More importantly, 68% of all US households now have a double income, which means that the burden of managing all aspects of home maintenance and improvement is very likely unevenly distributed among already strained homeowners.&#8221;
</p>
<p>Although the home services market accounts for over $ 500 billion in consumer spending, according to a recent study by Angi, there has not yet been a category winner.  Humming Homes is focused on providing a homeowner-first solution with an initial target customer base of the &#8220;mass affluent&#8221; &#8211; single-family homes valued at more than $ 750,000 and in dense, sought-after home markets such as The Hamptons, Greenwich, Westchester, Miami, Fort Lauderdale , Greater Los Angeles, Scottsdale, and Texas (Austin, Houston, etc.).
</p>
<p>&#8220;This is a huge opportunity &#8211; the average homeowner in the US spends 1% to 2% of their home value annually on maintenance and improvement,&#8221; continued Mr. Mallick.  “Our target audience, which is only 10% of all households in the US, spends nearly 50% of the total household services market.  Homes are inherently complex and the next generation of homeowners will need more than just a patch or a set of inherited vendors to help &#8211; and this is where we want to turn the status quo on its head. ”Humming Homes has been around since the services were launched Grown rapidly in October 2020.  It now operates in markets across the tri-state area including The Hamptons, NY, Westchester, NY, and Greenwich, CT, and manages $ 500 million of home worth.
</p>
<p>They also recently entered into a strategic partnership with Douglas Elliman (“DE”) for additional access to sales during the property purchase process, facilitated by an investment from their venture arm New Valley Ventures.  Humming Homes will partner with DE to launch in additional tri-state markets in the coming months as well as the South Florida area including Miami, Palm Beach and Fort Lauderdale later in 2021.
</p>
<p>Humming Homes was founded in early 2020 and incubated with AlleyCorp, a venture capital firm and studio led by Kevin Ryan (previously raised $ 2.5 million).  The latest funding brings the total capital to $ 8.1 million.  The company&#8217;s founding team has a background in real estate, on-demand marketplaces and technology-enabled services.
</p>
<p>
<span class="bwuline">About Humming Homes</span>
</p>
<p>Humming Homes reinvents property management for the modern homeowner.  On the way to becoming one of the most trusted home operators in the world, the company is creating a new category of end-to-end property management that uses data and insights to avoid reactive and costly home maintenance problems.  It has developed a technology-enabled solution for single family home owners with a digital experience that offers a dedicated personal property management team with a single point of contact for 24/7 support.  For more information about Humming Homes, please visit www.humminghomes.com.
</p>
<p><span class="bwct31415"/></p>
<p>The post <a href="https://losgatosnewsandevents.com/buzzing-properties-raises-8-1m-to-take-on-house-companies-market-with-latest-5-6m-seed-spherical-led-by-greycroft/">Buzzing Properties Raises $8.1M To Take On House Companies Market With Latest $5.6M Seed Spherical Led By Greycroft</a> appeared first on <a href="https://losgatosnewsandevents.com">Los Gatos News And Events</a>.</p>
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		<title>Buzzing Houses Raises $8.1M To Take On Dwelling Companies Market With Current $5.6M Seed Spherical Led By Greycroft &#124; Enterprise</title>
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		<dc:creator><![CDATA[]]></dc:creator>
		<pubDate>Tue, 12 Oct 2021 12:29:29 +0000</pubDate>
				<category><![CDATA[Home services]]></category>
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					<description><![CDATA[<p>NEW YORK &#8211; (BUSINESS WIRE) &#8211; Dec. October 2021&#8211; Humming Homes, a technology-enabled property management solution for single-family homes in suburban markets, today announced that a Greycroft-led seed increase of 5.6 million investor, Abby Miller Levy. Founded by Adeel Mallick, CEO, Kyle Carnes, Head of Operations, and serial tech entrepreneur Kevin Ryan, Chairman of the &#8230;</p>
<p>The post <a href="https://losgatosnewsandevents.com/buzzing-houses-raises-8-1m-to-take-on-dwelling-companies-market-with-current-5-6m-seed-spherical-led-by-greycroft-enterprise/">Buzzing Houses Raises $8.1M To Take On Dwelling Companies Market With Current $5.6M Seed Spherical Led By Greycroft | Enterprise</a> appeared first on <a href="https://losgatosnewsandevents.com">Los Gatos News And Events</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p></p>
<p>NEW YORK &#8211; (BUSINESS WIRE) &#8211; Dec.  October 2021&#8211;</p>
<p>Humming Homes, a technology-enabled property management solution for single-family homes in suburban markets, today announced that a Greycroft-led seed increase of 5.6 million investor, Abby Miller Levy.</p>
<p>Founded by Adeel Mallick, CEO, Kyle Carnes, Head of Operations, and serial tech entrepreneur Kevin Ryan, Chairman of the Board, Humming Homes is committed to making home ownership easier and more enjoyable.  With the aim of becoming the most trusted home services partner in the country, it has developed an end-to-end management solution based on software for single family home owners.  With a digital-first experience, dedicated personal home management teams with a single point of contact, live support around the clock, and data and insights to avoid reactive and expensive home maintenance problems, the system is designed to revise its importance as owning a home own and maintain.</p>
<p>The financing will fuel Humming Homes&#8217; continued growth as the company seeks to expand beyond its original Northeast markets and provide a modern alternative to the established home service providers.</p>
<p>“Seasoned homeowners know that managing a home is like having a second job.  Homes require constant maintenance, from landscaping to seasonal cleaning of HVAC, chimneys, windows, and siding.  Homeowners have a long list of contractors and suppliers, and you never know if prices are fair, ”said Ian Sigalow, co-founder and partner at Greycroft, who will join the board.  &#8220;Humming Homes solves the problem of how difficult it is for most people to manage their most valuable asset &#8211; their home.&#8221;</p>
<p>According to The National Association of Realtors, 40% of all single-family home purchases between 2020 and 2021 were made by those under the age of 40 and more space shows no signs of quitting.</p>
<p>“We have the youngest consumer, the most tech-savvy and, from a generation perspective, the least equipped to manage a home in terms of time and experience available.  Today&#8217;s first-time homeowners have limited resources to help them transition from renting to home, ”said Adeel Mallick, CEO of Humming Homes.  &#8220;More importantly, 68% of all US households now have a double income, which means that the burden of managing all aspects of home maintenance and improvement is very likely unevenly distributed among already strained homeowners.&#8221;</p>
<p>Although the home services market accounts for over $ 500 billion in consumer spending, according to a recent study by Angi, there has not yet been a category winner.  Humming Homes is focused on providing a homeowner-first solution with an initial target customer base of the &#8220;mass affluent&#8221; &#8211; single-family homes valued at more than $ 750,000 and in dense, sought-after home markets such as The Hamptons, Greenwich, Westchester, Miami, Fort Lauderdale , Greater Los Angeles, Scottsdale, and Texas (Austin, Houston, etc.).</p>
<p>&#8220;This is a huge opportunity &#8211; the average homeowner in the US spends 1% to 2% of their home value annually on maintenance and improvement,&#8221; continued Mr. Mallick.  “Our target audience, which is only 10% of all households in the US, spends nearly 50% of the total household services market.  Homes are inherently complex and the next generation of homeowners will need more than just a patch or a set of inherited vendors to help &#8211; and this is where we want to turn the status quo on its head. ”Humming Homes has been around since the services were launched Grown rapidly in October 2020.  It now operates in markets across the tri-state area including The Hamptons, NY, Westchester, NY, and Greenwich, CT, and manages $ 500 million of home worth.</p>
<p>They also recently entered into a strategic partnership with Douglas Elliman (“DE”) for additional access to sales during the property purchase process, facilitated by an investment from their venture arm New Valley Ventures.  Humming Homes will partner with DE to launch in additional tri-state markets in the coming months as well as the South Florida area including Miami, Palm Beach and Fort Lauderdale later in 2021.</p>
<p>Humming Homes was founded in early 2020 and incubated with AlleyCorp, a venture capital firm and studio led by Kevin Ryan (previously raised $ 2.5 million).  The latest funding brings the total capital to $ 8.1 million.  The company&#8217;s founding team has a background in real estate, on-demand marketplaces and technology-enabled services.</p>
<p>About Humming Homes</p>
<p>Humming Homes reinvents property management for the modern homeowner.  On the way to becoming one of the most trusted home operators in the world, the company is creating a new category of end-to-end property management that uses data and insights to avoid reactive and costly home maintenance problems.  It has developed a technology-enabled solution for single family home owners with a digital experience that offers a dedicated personal property management team with a single point of contact for 24/7 support.  For more information about Humming Homes, please visit www.humminghomes.com.</p>
<p>View source version on businesswire.com: https: //www.businesswire.com/news/home/20211012005568/en/</p>
<p>CONTACT: Media</p>
<p>Charlie Mathon, Derris</p>
<p>charlie@derris.com</p>
<p>508-614-0667</p>
<p>KEYWORD: NEW YORK UNITED STATES NORTH AMERICA</p>
<p>INDUSTRY KEYWORD: RESIDENTIAL CONSTRUCTION &#038; REAL ESTATE SYSTEMS OTHER PROFESSIONAL SERVICES CONSTRUCTION &#038; REAL ESTATE DATA MANAGEMENT TECHNOLOGY SMALL BUSINESS PROFESSIONAL SERVICES OTHER TECHNOLOGY LANDSCAPE SOFTWARE INTERNET ARCHION / WIPER OTHER</p>
<p>SOURCE: Humming Homes</p>
<p>Copyright Business Wire 2021.</p>
<p>PUB: 10/12/2021 7:00 AM / DISC: 10/12/2021 7:02 AM</p>
<p>http://www.businesswire.com/news/home/20211012005568/en</p>
<p>The post <a href="https://losgatosnewsandevents.com/buzzing-houses-raises-8-1m-to-take-on-dwelling-companies-market-with-current-5-6m-seed-spherical-led-by-greycroft-enterprise/">Buzzing Houses Raises $8.1M To Take On Dwelling Companies Market With Current $5.6M Seed Spherical Led By Greycroft | Enterprise</a> appeared first on <a href="https://losgatosnewsandevents.com">Los Gatos News And Events</a>.</p>
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