If historical lending records have systemic bias, how can artificial intelligence (AI) digest that data yet also avoid past mistakes and “algorithmic discrimination”?

While homeowners know flood insurance is a separate type of coverage, many tenants incorrectly think flooding is covered by their renters’ insurance or their landlord.

Increases may continue. “Ongoing economic strength will likely continue to keep upward pressure on rates in the short-term,” says Freddie Mac’s chief economist.

In a macabre scam, thieves steal homes of the recently deceased, so Broward County’s top appraiser will start to coordinate with the Medical Examiner’s office.

If a buyer on a $3K monthly budget can get a 7.4% mortgage, the range of homes they can afford is less expensive than the ones they looked at last year.

In a seasonally adjusted month-to-month comparison, July sales were 4.4% higher than June sales. Year-to-year sales were up 31.5%.

The Mortgage Bankers Association says the number of homeowners getting forbearance mortgage help dropped 5 basis points in July and is now only 0.39%.

About 60% of small businesses fail within six months of a data breach, says the National Cybersecurity Alliance, a national nonprofit focused on digital awareness.

A year ago, economists said the U.S. would be in a recession by now. But while RE and some other industries have felt a sting, other industries aren’t suffering much.

Home sales dropped 22.3% year-to-year but prices don’t seem to care. Year-to-year prices fell a bit in Feb. and 3% in May, but they started to rise again in July (up 1.9%).

It’s easier to make current plans when one eye is focused on the future, and the housing market will one day open back up. For today, nurture your likely future customers.

The lesson for Fla. HOAs: Elect honest, reliable people to the board. Fla.’s largest HOA has spent $2.3M on lawyers after losing millions under a corrupt board of directors.

A judge turned down a preliminary injunction request over Fla.’s foreign-buyer law, but the plaintiffs said Monday that they’re going to appeal the decision.

20 Realtors earned their endorsement as “the best of the best” – a Florida Realtors Board Certified Professional. This first group was recognized at Sunday’s BOD meeting.

Social media posts must sound sincere if you hope to generate new leads. AI can make the task easier, but only if the copy still sounds authentic.

Florida Realtors: Higher mortgage rates still a factor; single-family home median price at $415K, 2.8 months’ supply. Condo median price at $319K, 3.6 months’ supply.

In a year-to-year comparison, sales dropped 16.6% even as prices rose 1.9% to $407K – only the fourth month ever over $400K. Inventory increased 3.7%, however.

China’s Evergrande says it’s asking a U.S. court to approve a debt plan – not filing for bankruptcy – as it faces possible default on $340B in debt.

The state-owned insurer requested a maximum 12% hike for most residential policies and must go lower. But a condo association hike was approved at 9.2%.

The consumer bureau says Freedom Mortgage gave Long Island brokers and agents “illegal incentives” under RESPA, including cash, subscriptions and parties.