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Experts Predict What The Housing Market Will Look Like In 2023

Experts Predict What The Housing Market Will Look Like In 2023

by Third Party | Dec 21, 2022 | Industry Updates, Real Estate Agent Tools, U.S. Housing Market

Source: Forbes —  The housing market is sending clearer signals that historically low mortgage rates and the home-buying frenzy have come to an end. As we near the end of 2022, here’s a look at the expectations of real estate experts for 2023. Danielle...
Lack of diversity among real estate professionals reduces fees

Lack of diversity among real estate professionals reduces fees

by Third Party | Dec 19, 2022 | Industry Updates, Real Estate Agent Tools

Source: firsttuesday Journal —  Diverse representation among real estate professionals is coming up short — and it’s a missed opportunity for financial growth. In a study of more than 1,000 U.S. companies, those companies which prioritized an ethnically and...
Home Flipping Declines Again Across U.S. During Third Quarter Of 2022 As Investor Profits Hit 13-Year Low

Home Flipping Declines Again Across U.S. During Third Quarter Of 2022 As Investor Profits Hit 13-Year Low

by Third Party | Dec 17, 2022 | Industry Updates, Real Estate Agent Tools, Real Estate News

Source: ATTOM —  IRVINE, Calif. – Dec. 15, 2022 — ATTOM, a leading curator of real estate data nationwide for land and property data, today released its third-quarter 2022 U.S. Home Flipping Report showing that 92,422 single-family houses and condominiums in the...
Housing Market May Get Some Relief as Fed Eases Rate Hikes

Housing Market May Get Some Relief as Fed Eases Rate Hikes

by Third Party | Dec 16, 2022 | Industry Updates, U.S. Housing Market

Source: Newsweek —  The Federal Reserve voted to raise interest rates by half a percentage point on Wednesday, a slightly scaled-down increase after several consecutive hikes of .75 percentage points. The hikes have all been part of an attempt to ease soaring...
Profiting from PropTech – How Integration and Automation is Helping Realtors Steer through the Data Deluge

Profiting from PropTech – How Integration and Automation is Helping Realtors Steer through the Data Deluge

by Third Party | Dec 15, 2022 | Industry Updates, Real Estate Agent Tools

Today’s businesses run on information, including Commercial Real Estate (CRE) companies. Historically, the CRE industry has been slow to invest in technology, but companies responsible for selling and managing commercial properties are realizing the value this...
As US home prices decline, number of buyers with underwater mortgages swells

As US home prices decline, number of buyers with underwater mortgages swells

by Third Party | Dec 15, 2022 | Industry Updates, U.S. Housing Market

Source: Fox Business —  An alarming number of new homeowners are discovering they owe more on their mortgage than their home is worth as surging interest rates send housing prices spiraling down.  About 250,000 Americans who took out a mortgage this year to buy...
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