Realtor.com is welcoming a new executive to its C-suite. On Monday, the company announced that it had appointed Janakiraman Karthikeyan as its new chief technology officer. This role will see Karthikeyan lead Realtor.com’s technology strategy as the company looks to achieve its long-term growth goals. “I’m excited to join Realtor.com at such an important moment,” […]
Realtor.com hires Janakiraman Karthikeyan as CTO Read More »
Top-producing residential real estate team Schemmel Soda Group has left Premier Sotheby’s International Realty to join Douglas Elliman’s Sarasota, Florida, office. The group is led by cofounders Joel Schemmel and Donna Soda, along with agents Sharon Chiodi and Patti Tebo. Marketing Director Katie Kurbiel and client service coordinator Preston Lane are also joining the team.
Schemmel Soda Group joins Douglas Elliman in Florida Read More »
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: eXp Realty embraces digital twin tech to transform workflows eXp Realty isn’t dabbling in AI — it’s making digital twins a companywide mandate. CEO Leo Pareja and eXp
Tech Pulse: eXp’s digital twin trend; lenders urged to build AI compliance Read More »
Many in the real estate industry lauded President Donald Trump’s victory in the 2024 presidential election as they anticipated his win would usher in a new wave of weaker antitrust scrutiny on an industry that had spent the past four years battling its fair share of antitrust suits. However, these hopes and dreams were put
Is the real estate industry getting its antitrust enforcement wish? Read More »
Pittsburgh and Cleveland rank as the world’s most affordable major housing markets, but a new report finds that not a single metro area among 95 studied actually qualifies as affordable. The annual Demographia International Housing Affordability report — released by Chapman University — measured affordability by dividing median home prices by median household incomes. Pittsburgh
Pittsburgh, Cleveland top global metro affordability list Read More »
From business practice changes, to a slowing housing market, to rapidly advancing technology, real estate agents have had to adapt quite a bit over the past few years. Still, homebuyers find them more important than ever. Data from Cotality shows that while more than 500,000 agents have entered the industry over the past decade, home
Homebuyers seek independent research, but still want a real estate agent Read More »
Nearly 58,000 U.S. home-purchase agreements were canceled in July, equal to 15.3% of homes that went under contract during the month, according to a Redfin analysis of MLS data. That marks the highest July cancellation rate since the company began tracking the metric in 2017 — and up from 14.5% a year ago. Analysts point
Home purchase cancellations hit 8-year high Read More »
Housing affordability is taking center stage this fall for the Trump administration. From President Donald Trump’s early executive order ordering the heads of all executive departments and agencies “to deliver emergency price relief,” to Treasury Secretary Scott Bessent highlighting housing affordability as one of his “big projects,” the affordability crisis is clearly top of mind.
Rising insurance costs cut into buyer affordability Read More »
Survey finds affordability and financing are driving more buyers into the second-home market In today’s economy, traditional ownership is increasingly inaccessible and misaligned with the real estate landscape. Ongoing issues with low inventory, high home prices, elevated mortgage rates, and down payment obstacles make whole-home ownership more challenging, especially for younger buyers. Against that backdrop,
Fractional home ownership is breaking barriers: How Pacaso is taking the lead Read More »
For eXp Realty, artificial intelligence (AI) is not a side project — it’s a company-wide mandate. Following a session at HousingWire’s AI Summit where eXp chief technology officer Sumanth Kamath talked about how the company was utilizing digital twin technology, HousingWire sat down with eXp CEO Leo Pareja and International Director Felix Bravo to find
eXp Realty embraces digital twin tech to transform workflows Read More »