Housing inventory is down year over year, and price growth stands at 2.0% per the NAR existing home sales report. That combination might seem bad for affordability, but the truth is housing inventory is back at a healthy level, with price growth still in check and below wage growth, which ran at 3.2% in the […]
Inventory is down year over year, but months of supply says the market is functioning Read More »
The Real Brokerage is rolling out Leo 2.0, an AI assistant built into its proprietary reZEN platform that automates back-office work, marketing and lead generation for agents. The system — in beta with thousands of agents — represents what Chief Technology Officer Pritesh Damani described as a fundamental shift in how technology should serve real
The next phase of The Real Brokerage’s AI is replacing the work, not the agent Read More »
Newrez has agreed to pay $15.5 million to resolve a multistate examination that found the mortgage servicer improperly charged some borrowers for lender-placed insurance despite having evidence of existing homeowners insurance, according to a settlement agreement signed Wednesday. The settlement agreement, reached with state mortgage regulators in 46 states and the District of Columbia, includes
Newrez agrees to $15.5M settlement over forced-place insurance Read More »