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Zillow Debuts ChatGPT Plugin

Zillow Debuts ChatGPT Plugin

by Phil Hall | May 3, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Zillow Group (NASDAQ: Z, ZG) has reinforced its place on the artificial intelligence bandwagon with its new Zillow ChatGPT plugin. According to the Seattle-headquartered company, the plugin enables use of conversational language for inquiring about specific property...
Annual Home Price Growth at Lowest Rate in Over a Decade

Annual Home Price Growth at Lowest Rate in Over a Decade

by Phil Hall | May 2, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

U.S. home price growth increased by 3.1% in March, according to new data from CoreLogic. While this represented the 134th consecutive month of year-over-year price acceleration it also represented the lowest rate of appreciation since the spring of 2012. Home prices...
planetRE Unveils Aelo.Ai virtual staging platform

planetRE Unveils Aelo.Ai virtual staging platform

by Phil Hall | May 2, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

planetRE, a San Jose-based enterprise software company, is now offering Aelo.Ai, a fully automated artificial intelligence (AI) virtual staging platform designed to allow real estate agents and builders to show buyers and prelisted sellers a variety of home interior...
27 States Ask Biden and FHFA to Scrap Mortgage Fee Increases

27 States Ask Biden and FHFA to Scrap Mortgage Fee Increases

by Phil Hall | May 1, 2023 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A coalition of fiscal officers from 27 state governments called President Joe Biden and Federal Housing Finance Agency (FHFA) Director Sandra L. Thompson to jettison the new mortgage fee increases that went into effect today. In a letter to Biden and Thompson, the...
CFPB Seeks New Protections for PACE Loan Borrowers

CFPB Seeks New Protections for PACE Loan Borrowers

by Phil Hall | May 1, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) has proposed a rule to implement a Congressional mandate to establish consumer protections for residential Property Assessed Clean Energy (PACE) loans. According to the CFPB, the proposed rule would require lenders to...
$15 Million Allocated for 3,000 All-Electric NYC Homes

$15 Million Allocated for 3,000 All-Electric NYC Homes

by Phil Hall | May 1, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York Gov. Kathy Hochul and New York City Mayor Eric Adams announced the launch of Future Housing Initiative, a partnership investing $15 million for creating 3,000 energy-efficient and all-electric affordable homes in New York City. Formally titled the New...
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