eXp Realty embraces digital twin tech to transform workflows

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 out more about how the brokerage is...

ADUs could remedy America’s housing crisis, but obstacles remain

Industry veteran Bill Dallas, chairman of Dallas Capital and former president of Finance of America, says accessory dwelling units (ADUs) still face major hurdles before they can become a reliable solution to what he calls the nation’s “largest social challenge:” affordable housing. “One of the challenges… is that the laws are so difficult and varied by not only by state, but also by federal,...

WFG National Title added to Fannie Mae’s multifamily approval list

WFG National Title Insurance Co. has been added to Fannie Mae’s list of approved title insurers for multifamily transactions. The designation means lenders and borrowers using WFG for Fannie Mae–financed multifamily deals can avoid delays caused by policy exceptions or compliance issues. Fannie Mae requires approved insurers to meet financial strength, quality and coverage standards to ensure...

As seniors gain comfort with AI, how should reverse mortgage lenders respond?

The knowledge and use of artificial intelligence (AI) among older generations is often misunderstood and mischaracterized. But seniors are often following the path of the wider population when it comes to incorporating AI into their daily lives. Recent survey data published by the University of Michigan found that 55% of respondents in the 50-and-older age bracket have used voice- or text-based AI...

ERA Real Estate expands in Colorado

LUX Real Estate Company ERA Powered has expanded with the acquisition of Vail Real Estate Center, the firm announced this week. The Cherry Creek North, Colorado-based brokerage — founded and led by Emily Duke — will now have a presence in one of the state’s most competitive resort markets. Founded in 2013 by longtime Vail residents Gil Fancher and Ted Steers, Vail Real Estate Center developed...

Rare Ringling-era mansion in Sarasota hits the market for $17.5M

In the 1930s, Sarasota was buzzing with circus stars, Gilded Age money, and Mediterranean Revival mansions springing up along its waterfront. One of the finest survivors of that era, Casa del Carnevale — a nationally registered historic estate with roots in John Ringling’s glittering circle — has just hit the market for $17.5 million. Built in 1936 for industrialist Charles E. Leigh, co-founder of...

$36.8M Beverly Hills estate has a showcase garage with a car turntable

Beverly Hills’ Trousdale neighborhood has long been known for its showpiece homes, but this $36.8 million listing might just outshine them all. Designed by Hollywood production designer Charles Infante — whose résumé includes collaborations with Taylor Swift, Lady Gaga, and Nike — the 10,000-square-foot estate at 1039 Wallace Ridge is a masterclass in cinematic living. Beyond the sweeping...

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