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

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...

Midwest housing markets defy national days on market trends

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, while Midwest markets...

Commerce Secretary Lutnick says Fannie, Freddie IPO ‘could well be this year’

As the mortgage industry prepares for the Trump Administration’s plans for an initial public offering (IPO) of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, U.S. Department of Commerce Secretary Howard Lutnick appeared on CNBC to offer his comments on the subject. During the interview aired Thursday, Lutnick disclosed that the IPO “could well be this year … sooner than...

Home equity levels remain high even as price appreciation has cooled

The average U.S. mortgage holder has more than $300,000 in home equity, a figure that’s up significantly since the start of the COVID-19 pandemic as national equity levels now stand at $17.5 trillion. That’s according to Cotality’s second-quarter 2025 home equity report released on Friday. The report noted that the average homeowner with a mortgage saw their equity decline in the past year by...

Foreclosure filings rise 18% year over year in August

Foreclosure activity in the U.S. increased in August, with 35,697 properties receiving default notices, scheduled for auction, or repossessed by lenders, according to ATTOM’s August 2025 U.S. Foreclosure Market Report. The total was down 1% from July but up 18% from a year earlier. “August marked the sixth consecutive month of year-over-year increases in U.S. foreclosure activity and the third...

$3.65M residence at iconic London Terrace Towers boasts AD100 design pedigree

Not every Chelsea apartment comes with a design pedigree, but this one has it built in. The $3.65 million residence at London Terrace Towers was crafted by AD100 designer Neal Beckstedt, giving the prewar co-op a thoroughly modern refresh while preserving its historic character. Located at 465 West 23rd Street, the apartment occupies the 19th floor of one of Manhattan’s most recognizable...

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