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Artificial Intelligence

North Carolina housing market offers 20% price advantage over national average

Artificial Intelligence, Charlotte, Construction, First-Time Homebuyers, Housing Market, Investors, Mortgage, North Carolina, Real Estate /

The North Carolina housing market delivers significant value for homebuyers. Current data shows 62,710 active listings with an average home price of $519,908. This represents a 19.7% discount compared to the national average of $647,307. The Tar Heel State provides abundant options for first-time buyers, with more than one-third of all listings priced below $300,000. […]

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Mortgage leaders discuss the future AI-powered workforce

Artificial Intelligence, CAREER & COMPENSATION, Editorial Research, Mortgage technology, Technology /

The rise of artificial intelligence has sparked both speculation and angst over what it might mean for mortgage professionals in the future, but the answers might be more encouraging than some expect. Historically, advances in automation eventually brought transformations seen during the Industrial and Information Ages, which were marked by the elimination of certain positions.

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Midwest housing markets defy national days on market trends

Artificial Intelligence, Home Prices, Housing Market, HWmember, Indiana, Kansas, Milwaukee, Minneapolis, Minnesota, Missouri, Real Estate, Wisconsin /

Midwest housing markets are demonstrating remarkable resilience against the national trend of extended Days on Market (DOM), with properties in key Midwestern cities selling up to 83% faster than the national average, according to the latest market data. Regional performance outpaces national metrics The national median DOM for single-family homes currently stands at 63 days,

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Tech Pulse: AI for real estate teams; Tech Trendsetter shares insights

Artificial Intelligence, DocMagic, HW Tech Trendsetters, Mortgage, PennyMac, Real Estate, Technology /

Welcome back to Tech Pulse — HousingWire‘s weekly series rounding up the latest in technology news, including tools, integrations and trends that impact mortgage and real estate. Here’s what happened this week: Can AI help real estate teams stand out or make them all look the same? Artificial intelligence (AI) is transforming real estate marketing and workflows, but agents are

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Non-QM lender Griffin Funding unveils AI-driven underwriting platform

Artificial Intelligence, Griffin Funding, HWmember, LendingLife, Loan Officer, Mortgage, Non-QM, Origination, Technology, Underwriting /

Griffin Funding has launched an internal artificial intelligence-driven platform designed to help loan officers navigate the complex world of non-QM lending. The tool, known internally as “LIA,” pulls hundreds of pages of program guidelines into a single system and uses AI to deliver tailored answers to loan qualification questions, according to Chloe Shubin, vice president

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Avoiding a ‘sea of sameness’: Small real estate teams talk AI

Agent, Artificial Intelligence, Brokerage, Compass, eXp Realty, HWmember, Real Estate, Real Estate Agents, Technology /

Artificial intelligence is elbowing its way into real estate, promising efficiency while threatening the very thing agents trade on: human connection. For Jeff Funk in Orlando and Michael Franco in New York City, the daily experiment isn’t whether to use AI, but how far to lean in without losing authenticity. Funk, leader of eXp Realty-affiliated

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Fairway turns to OpenAI for origination process improvement

Artificial Intelligence, Mortgage technology, Originations, Underwriting /

Fairway Home Mortgage is working with OpenAI to help improve the efficiency in its loan manufacturing processes. While the use of ChatGPT is just part of that strategy, process improvement to allow loan officers to focus more on their customers is the primary aim, said Caleb Ondrusek, who Fairway promoted to executive vice president of

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‘Zillow, show me this house with mid-mod furniture’

Agent, Artificial Intelligence, HWmember, Real Estate, Technology, Zillow /

Consumers shopping for a home on Zillow can now virtually stage properties in their specific design style, as long as those properties are using Zillow Showcase. The listing portal giant announced the integration of Virtual Staging with Zillow Showcase on Wednesday. The integration enables homebuyers using Zillow to view rooms — in listings that are

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Tech that builds trust: Insights from Tech Trendsetter Simon Moir

Artificial Intelligence, Awards, HW Tech Trendsetters, Technology, Wolters Kluwer /

HousingWire’s Tech Trendsetters award was created to recognize the visionaries behind the technology that powers housing. As we open nominations for the 2025 class of Tech Trendsetters, we’re revisiting past honorees whose insights continue to shape the industry. HousingWire reached out to 2022 Tech Trendsetter Simon Moir, vice president and segment leader for Wolters Kluwer‘s

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Qualia launches agentic AI tool to streamline the title process

Artificial Intelligence, HWmember, Qualia, Technology, Title, Title insurance /

In 2024, a study by title production software company Qualia found that the vast majority of title professionals use artificial intelligence. Over the past year, Qualia put that finding to good use, as it announced on Monday the launch of its agentic AI tool Qualia Clear. According to Qualia, the technology turns its title production

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