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Anywhere’s Eric Chesin says the AI transformation is already here for real estate 

At HousingWire’s AI Summit, Anywhere’s chief strategy officer shares how his firm is leveraging AI to transform its business.

Tariffs, rising construction costs could push rents higher 

Rents are now $47, or 2.7%, below the August 2022 peak but remain $254 — or 17.4% — above pre-pandemic levels, according to Realtor.com.

The Real Brokerage adds real estate coach Pam O’Bryant 

O’Bryant has more than 30 years of experience and will lead a new team serving the District of Columbia, Maryland and Virginia.

Most lenders offer digital closings, but few have high adoption rates 

Snapdocs says that 90% of lenders offer digital closings, but only a small fraction are closing at least 80% of their loans this way.

House introduces bill to reduce mortgage insurance costs 

Trade groups like the Mortgage Bankers Association (MBA) may be getting at least some of the relief they’ve been advocating for when it comes to mortgage insurance premiums.

Better to retire $530M in debt through deal with SoftBank arm 

Better Home & Finance Holding Co. — the parent of digital mortgage lender Better.com — has restructured about $534 million of its outstanding debt with SB Northstar, the asset management subsidiary of SoftBank, the company announced on Monday. 

Statara Solutions adds digital audio ads to media platform for real estate pros 

The company said its goal is to provide agents and affiliates of the National Association of Realtors (NAR) with new ad-buying tools for influencing policies that shape the real estate industry at the federal, state and local levels.

MLS owners pursuing sale of software company Remine 

The MLS owners of real estate software company Remine are moving to sell the firm through an ABC proceeding as an alternative to bankruptcy.

The intensifying rental market: Why agents must be prepared 

The U.S. rental market has become more competitive than ever, driven by a combination of rising demand, limited availability due to a lack of new rental housing supply, and regional economic pressures. As affordability challenges push more people into renting – the average age of first-time homebuyers has moved up to an all-time high of 38 years – real estate professionals must stay ahead of market trends and equip themselves with the right knowledge and tools to navigate and command this evolving landscape.

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Updated 11 months ago