As deepfakes get convincing and AI-driven fraud escalates, real estate industry faces critical tests on multiple levels

Lew Sichelman has been covering the housing and mortgage sectors for 52 years. His syndicated column appears in major newspapers throughout the country.
As deepfakes get convincing and AI-driven fraud escalates, real estate industry faces critical tests on multiple levels
From 2020 to 2023, monthly housing costs jumped 29% for outright owners and 16% for mortgage holders, as taxes, insurance, and utilities stretch budgets across the board
GAO report calls for Congress to act
Platform augments home search with live mortgage rates, pre-approvals, property-specific special financing
‘The balance of power has shifted toward buyers, but a lot of sellers have yet to see or accept the writing on the wall’
With 60% of Americans unsure it's the right time to buy, and 75% expecting rates and prices to fall, most would-be homeowners are holding out
Seniors now make up nearly one in three shared households, with 65+ participation tripling since 2005
Homeowners seek to recover tens of thousands as Wisconsin joins nationwide crackdown on $20,000–$240,000 ‘home equity theft’ windfalls
GSE fee hike raised borrowing costs by $1,867 annually and cut high-LTV second home loans by 23%, with little gain for first-time buyers, CFPB study finds
New AI integration shaves off more than 180 minutes from each valuation report, enabling appraisers to double daily output, Aivre contends