
Even though most buyers expect AI use, they want transparency, clarity and human verification of AI-powered real estate processes, a recent survey found.


Lower home s...
No matter how you slice it, San Diego is an expensive place to own a home.
A new index from the University of San Diego's real estate school uses unique ways to track homeownership costs — exclusively using renter income and breaking down the cost of household expenses across metro areas — but the conclusion is still what locals have come to expect.
The San Diego metropolitan area, which includes all of San Diego County, was the fifth-most expensive place to own a home in the nation's 50 largest metro areas, the index said. The Los Angeles metro area was the most costly, followed by the metro areas of San Jose, San Francisco and New York. Data was based on the first three months of the year.
The new Housing Affordability Index from USD's Burnham-Moores Center for Real Estate is different from a classic affordability study because it pegs everything to renter income. Developers of the index use renters' income because they say homeowners benefit from "embe...