California Realtors® Adopt AI Tool That Aims to Turn ‘Conversation’ Into Completed Forms

Above: C.A.R. President Tamara Suminski, left, and Ethica AI Founder and CEO Judd Hoffman, right For a company with a shiny new AI product and an industry association seeking to have its agent members cut down on paperwork so they can more efficiently guide clients to buy and sell homes, it’s lookin

Why independent brokerages may have the advantage in real estate’s next chapter

The real estate industry has never lacked for uncertainty. But if there was a prevailing message from a panel of brokerage leaders moderated by Paul Boomsma, president and CEO of Leading Real Estate Companies of the World (LeadingRE), it’s that perspective matters. For brokerage leaders navigating c

Nicolas Cage Splashes Out $6.5 Million on Luxury Manhattan Apartment That Spans 2 Units

Hollywood star Nicolas Cage has reportedly snapped up a sprawling two-bedroom condo in the heart of Manhattan for $6.5 million—and took out a $4.55 million mortgage for the deal. The 62-year-old actor is said to have purchased the unit inside the coveted Essex House Residences building at 160 Centra

Reported layoffs at Morgan Stanley hit mortgage and wealth management units

Morgan Stanley’s reported layoff of about 3% of its workforce — roughly 2,500 employees — is affecting some staff working on mortgage origination services for wealth management clients. The bank is cutting positions across its estimated 83,000-employee global workforce due to shifts in business prio