Entries by JKents

AppraisalVision launches AI-powered appraisal execution system

AppraisalVision has restructured its platform into what it describes as the mortgage industry’s first fully autonomous appraisal execution system. This comes on the heels of a new partnership with Alpha7X, an artificial intelligence (AI) firm with a focus on automating mortgage operations. The shift eliminates the need for traditional software-based appraisal order management systems. It […]

Reba McEntire joins Realtor.com marketing campaign targeting struggling homebuyers

Realtor.com has launched a new national advertising campaign featuring country music artist and actress Reba McEntire as the company aims to offer reassurance to prospective homebuyers who are navigating a historically difficult real estate market. The campaign, titled “Nearly Home,” incorporates sitcom-style ads that draw on real buyer experiences and attempt to ease the emotional […]

Restored 1950s Belmont home offers haven for first-time buyers

The original timber cabinetry has stood the test of time. A 1950s retro throwback in Belmont has provided a housing haven for first-home buyers moving in from the Surf Coast. The mid-century modernist style house at 71 James St sold recently for $647,000 after the seller credited the residence with saving him through Covid lockdowns. […]

Earnnest, CRMLS enter strategic partnership

Digital earnest money solutions company Earnnest is the latest tool available to California Regional MLS (CRMLS) subscribers via the MLS’s REcore dashboard. The firms announced their strategic partnership late last month. Beginning in June, CRMLS subscribers will have access to Earnnest at no cost, as it will be a core product within the REcore dashboard. […]

Home sales disappoint at the end of April

Weekly pending home sales disappointed in the last week of April, with 10% fewer than the same week in 2024. To be specific, single-family home sales came in 8% fewer than the same week last year, and condo sales came in 19% fewer. Nationally, weekly pending home sales saw only a small rebound after the […]

The cost of real estate commission clarity

With the numbers showing a slight dip in commission percentages, one might assume the impact of the NAR settlement is minor. However, agents are discovering that the challenges are about more than just the amount of commission they are earning. HousingWire surveyed a select group of real estate professionals and their responses tell a more […]

What the proliferation of private listings could mean for fair housing

For supporters of the Clear Cooperation Policy (CCP), fair housing is one of the main arguments against further growth of private listings.  From eXp Realty CEO Leo Pareja, to NextHome CEO James Dwiggins, to Zillow’s chief industry development officer Errol Samuelson, the concept of withholding listings from the MLS is being framed as a “fair […]

Celebrity real estate mogul’s Aussie housing crisis fix

An international real estate mogul has weighed in on the debate over solutions to Australia’s housing crisis, slamming a ‘mansion tax’ and calling for interest rates to be slashed. Speaking from Los Angeles ahead of his visit Downunder to headline this year’s Australasian Real Estate Conference (AREC), Mauricio Umansky also said government incentives for private […]

Top Australian suburbs where homeowners are renovating instead of moving | Moneyme, Hipages, ABS

Craigieburn has emerged as Australia’s top renovation hotspot, with locals borrowing big to upgrade. More Aussie homeowners are staying put and putting their efforts into turning their kitchens, backyards and garages into DIY gold. New figures from digital lender MoneyMe show and Craigieburn in Melbourne’s north has claimed the title of the nation’s renovation capital, […]