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Supercore Inflation Excludes Food, Energy And Housing

Supercore Inflation Excludes Food, Energy And Housing

by Third Party | Jan 25, 2023 | Industry Updates, News/Current Events

Source: Forbes —  Key takeaways Supercore inflation purposefully ignores highly volatile areas of the economy, like housing, food and energy, to give a clearer picture of inflation Food inflation increased 10.4% year-over-year in December, while energy inflation...
Auto, real estate businesses targeted by Facebook Marketplace change to online listings

Auto, real estate businesses targeted by Facebook Marketplace change to online listings

by Third Party | Jan 25, 2023 | Industry Updates, Real Estate News

Source: Springfield News-Leader —  Brad Sims is the owner of S&A Motorsports, a used auto dealership in Springfield. He sells between 10 to 15 vehicles a month, with the majority of his sales coming from listings he makes on Facebook Marketplace. Sims said...
Market confidence rising among home builders

Market confidence rising among home builders

by Third Party | Jan 25, 2023 | Industry Updates, Real Estate News

Source: Bankrate —  Confidence in the housing market is still fairly low among U.S. home builders, but it’s on the rise. According to the most recent National Association of Home Builders/Wells Fargo Housing Market Index, released January 18, builder confidence...
Goldman Sachs says 4 US cities will suffer a 2008 crash in home values

Goldman Sachs says 4 US cities will suffer a 2008 crash in home values

by Third Party | Jan 25, 2023 | Industry Updates, Mortgage Information, U.S. Housing Market

Source: Fox Business —  Goldman Sachs expects home values to worsen through 2023 amid continued skyrocketing interest rates and declining housing prices. The firm wrote to clients earlier this month that it predicts four U.S. cities will suffer the most...
How real estate agents put artificial intelligence to work

How real estate agents put artificial intelligence to work

by Third Party | Jan 25, 2023 | Industry Updates, Real Estate Agent Tools

Source: firsttuesday Journal —  In an industry as face-to-face as real estate, an agent’s use of artificial intelligence (AI) to automate their work might seem like science fiction. But with recent breakthroughs in machine learning, that fiction has quickly...
Europe Braces for a Sharp, Abrupt Real Estate Reversal

Europe Braces for a Sharp, Abrupt Real Estate Reversal

by Third Party | Jan 25, 2023 | Industry Updates, International Real Estate News

Source: Insurance Journal —  Turmoil at trophy properties in London and Frankfurt offer a glimpse of the damage awaiting European real estate investors as they face the sharpest reversal on record. From a fraught refinancing process for an office building in the...
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