The buzzword of the year could easily be “artificial intelligence” – or AI, for the acronym-minded. But while it seems that everyone is either talking about it or listening to others talk about it, how exactly is it being used in the real estate industry? Kevin...
The property management software company RealPage Inc. has filed a lawsuit against New York State Attorney General Letitia James that seeks to overturn a new state law that bans property owners and managers from using algorithm rent-setting tools. The Richardson,...
Mortgage rates dived ahead of the Thanksgiving holiday, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate averaged 6.23% as of Nov. 26, down from last week when it averaged 6.26%. A year ago at this...
A Phil Hall Op-Ed: If you were watching TV in the 1980s, you probably recall Clara Peller. She a diminutive elderly lady who appeared in commercials for the Wendy’s restaurant chain, and she is best remembered as the unimpressed patron of a fast-food joint who is...
Mortgage application activity was stagnant for the week ending Nov. 21, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, inched up by a scant 0.2% on a seasonally adjusted...
Hits and Misses for the Real Estate Week of Aug. 24-28
