AI has become one of real estate's fastest-adopted technology tools, embraced by brokerages and agents at a breakneck speed despite anxiety over safeguards.
Growing supply of multifamily housing suggests a 1.1% increase in rental stock to more than 49 million units by next fall, with the biggest increases in the South and West.
The University of Michigan’s consumer sentiment increased for the fourth straight month in November and is at its highest level since hitting 77.2 in April.
The average 30-year mortgage rate rose to 6.84% from 6.78% last week, the highest since July. Rates on 15-year fixed-rate mortgages increased to 6.02% from 5.99%.