Douglas Elliman launches AI-focused business unit, broader tech overhaul
Douglas Elliman announced today a companywide technology transformation aimed at consolidating systems, automating operations and developing new real estate intelligence capabilities through a newly formed business unit called Elius. The New York-based real estate firm said the initiative will opera
Unlock agrees to restitution, compliance with Colorado laws on home equity agreements
Unlock Partnership Solutions Inc., dba Unlock Technologies, has agreed to treat its home equity agreements (HEAs) as consumer credit under Colorado law, pay restitution to affected homeowners, and meet state licensing and disclosure rules, the Colorado attorney general’s office announced June 24. Th
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
