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ChatGPT takes on real estate: Agents say the AI could be a game changer in the industry

ChatGPT takes on real estate: Agents say the AI could be a game changer in the industry

by Third Party | Feb 4, 2023 | Industry Updates, Real Estate Agent Tools

Source: Tech Xplore —  Century 21 Beggins Enterprises on its website lists a “beautiful” three-bedroom condo in Madeira Beach, Florida with “large spacious balconies to enjoy the warm, beautiful views.” “This is one of the only...
Is the Dining Room Dead?

Is the Dining Room Dead?

by Third Party | Feb 4, 2023 | Industry Updates, News/Current Events

Source: US News —  Buying a home is an exercise in making important decisions between elements that most people don’t really want to choose between. Do you go with the house with the two-car garage or the one with two bathrooms? Should you forgo...
What the Fed’s rate increase means for homebuyers and mortgages

What the Fed’s rate increase means for homebuyers and mortgages

by Third Party | Feb 4, 2023 | Industry Updates, Real Estate News

Source: NBC News —  The Federal Reserve is still raising interest rates, meaning homebuyers will still face high mortgage rates after a rough 2022 for the housing market. The past year has been a rollercoaster ride for homebuyers and sellers alike. In early...
Falling Mortgage Rates Bring Some Home Buyers Back to Market

Falling Mortgage Rates Bring Some Home Buyers Back to Market

by Third Party | Feb 4, 2023 | Industry Updates, U.S. Housing Market

Source: The New York Times —  Earlier in the pandemic, when many urbanites were leaving New York to work remotely in far-flung locations, Molly Parker Wade instead moved from the West Coast to Brooklyn to be closer to her family. After a year of renting, Ms....
Home Equity Flattens Out Across U.S. In Fourth Quarter Of 2022

Home Equity Flattens Out Across U.S. In Fourth Quarter Of 2022

by Third Party | Feb 3, 2023 | Industry Updates, Mortgage Information

Source: ATTOM —  IRVINE, Calif. — Feb. 2, 2023 — ATTOM, a leading curator of real estate data nationwide for land and property data, today released its fourth-quarter 2022 U.S. Home Equity & Underwater Report, which shows that 48 percent of mortgaged...
CFPB Loses Key IMB Redlining Case

CFPB Loses Key IMB Redlining Case

by Staff Writer | Feb 3, 2023 | Industry Updates, News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market

Feb. 3, 2023 (Staff Writer) — Earlier today, a District Court in Chicago ruled in CFPB v. Townstone Financial Inc. and Barry Sturner that the Equal Credit Opportunity Act (ECOA) does not extend to prospective applicants under a plain language reading of the...
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