How To Use AI To Increase Fairness In Real Estate

CEO of ReAlpha. Tech entrepreneur: 1 IPO, 2 exits. Author, “Nothing to Nasdaq.” getty The real estate landscape is undergoing a period of significant regulatory change and heightened scrutiny. I believe this presents an opportunity for artificial intelligence (AI) to help promote fairness and objectivity in real estate transactions. In the competitive world of multifamily…

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Mack Real Estate Group To Build $7B Mixed-Use Project Next To Semiconductor Plants

New York-based Mack Real Estate Group was awarded the development rights to over 2,300 acres of fully entitled land immediately adjacent to the Taiwan Semiconductor Manufacturing Co. fabrication campus in northern Phoenix. MREG, through its affiliate Biscuit Flats Dev LLC, won the right to build out the anticipated $7B mixed-use development next to the chip-fabrication campus at an auction by the Arizona State…

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Fed’s Goolsbee says inflation could still fall without rising unemployment

U.S. Federal Reserve officials are “trying to wrap their head around” whether further improvement in inflation will require higher unemployment, with less help coming from improved supply chains and … U.S. Federal Reserve officials are “trying to wrap their head around” whether further improvement in inflation will require higher unemployment, with less help coming from…

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Mortgage rates post biggest jump in over a month as the market dials back expectations of Fed rate cut, Freddie Mac says

By: Mortgage rates posted the biggest increase in over a month, propelling the 30-year rate back over 7%, with the market uncertain about when the Federal Reserve will cut interest rates. The 30-year fixed-rate mortgage averaged 7.03% as of May 30, according to data released by Freddie Mac FMCC, +3.68% on Thursday. See the full…

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