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SENTIENT MORTGAGE Consumer-to-Lender AI Matching Engine Commences Development

Miami-based World Property Ventures (WPV) announced this week its latest proptech initiative now under development: SENTIENT MORTGAGE, an emerging AI-driven mortgage matching engine custom-built to seamlessly connect real estate buyers and investors with the most competitive mortgage rates available across various property types -- in real time. Set to debut in the U.S. market later next year, the...

Home sales stay surprisingly positive even with higher rates

The weekly home sales data for last week was a big surprise. If someone had told me at the beginning of the year that we would have mortgage rates fluctuating between 6.64% and 7.25%, trade war escalations, stocks slipping into bear market territory and confidence data collapsing — I would think housing demand would be negative year to date and year over year. Yet, amid all those conditions, our...

The typical homeowner saw their property tax bill rise 2.7% last year

Property tax collections on U.S. single-family homes fell slightly in 2024 despite continued growth in home values, according to an analysis released Thursday by ATTOM. The report, based on tax data from nearly 86 million homes nationwide, found that $357.5 billion in property taxes were levied in 2024 — a 1.6% decrease from the previous year. But the average tax bill rose to $4,172, up 2.7% from...

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