There Are Now Only 5 Major Metros Where A Typical Luxury Home Costs Less Than $1 Million
The number of major metros where you can buy a luxury home for less than $1 million is down five from eight last year. Detroit is the most affordable metro for luxury homes, with a median price of $719,252—47.7% less than the typical luxury home nationwide, $1,374,470. San Francisco is the most exp
Now’s the time: Market forces and AI align to make property management an appealing option for brokers
The residential real estate market today is fundamentally different than just a few years ago. In April, 5.8% of homes were taken off the market, reaching delisting rates not seen since March 2020. Plus, economic uncertainty and rising inflation have made generating sufficient income a challenge for
AI is changing mortgage lending. Business intelligence is making it possible.
As artificial intelligence (AI) becomes embedded across the mortgage lifecycle, lenders are rethinking how they use data to drive decisions and automate workflows. Chris McEntee, Vice President of Corporate and Product Development at ICE, discusses how AI mortgage lending is transforming mortgage bu
The AI edge for builders: Why institutional knowledge is becoming the industry’s most valuable asset
Artificial intelligence (AI) is quickly becoming part of every conversation in homebuilding. But as builders invest in AI to improve sales, marketing and operations, many are overlooking the factor that will determine whether those investments succeed: organizational knowledge. AI is only as valuabl
