The mortgage industry built a sales infrastructure. It now needs a navigation infrastructure

Incentives have always driven mortgage lending. Loan officers originate loans. Lenders compete for production. Borrowers search for the lowest available rate. Regulators work to ensure fairness across the process. Over time, these competing forces produced a complex economic architecture designed to

Brooklyn’s Watchtower Buildings Might Become Housing

A decade ago, when the Jehovah’s Witnesses sold off their prime real-estate portfolio in Brooklyn Heights, one of the prizes was a complex of old industrial buildings next to the Bro... More »

A Man Used ChatGPT To Sell His Home—but Did It Cost Him a Bidding War and up to $225K in Profit?

Robert Levine recently closed on the sale of his four-bedroom three-bathroom home in Cooper City, FL, for $954,800. But instead of thanking a real estate agent, he thanked ChatGPT. Levine says the chatbot helped him list the property, draw five offers after only 15 showings, and close for $100,000 o

Couple Turns $58K Abandoned ‘Outhouse’ in Maine Into Stunning $5.2 Million Beach Retreat That Will Provide for Their Kids for Years to Come

In June 1973, Vic and Marsha Steinglass moved from their Connecticut rental home to the first property they had ever purchased: one acre of waterfront land on the coast of Maine that was home to a small, ramshackle house from the 1940s and a boat repair shop overlooking the water. They paid just $58