Real Estate Industry News & Insights
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Is Real Estate TikTok Legit? The Good, the Bad, and How To Tell the Difference
Source: Realtor.com --- When TikTok launched in 2017, it was known as a platform for viral dance videos. Since then, its roughly 1 billion users turn to the social media app for videos on an array of topics, from comedy to cooking to something called #RushTok—an oddly...
How This Technology Will Transform Commercial Real Estate in 2023
Source: Entrepreneur --- 3D digital twins have started to enter the real estate market and vocabulary, slowly moving from technical tools used in the operational processes to a more people-facing role. They become commercial tools of high value that stand as a...
How a Home Purchase Boosts Consumer Spending
Source: NAHB --- Using the Consumer Expenditure Survey (CES) data from the Bureau of Labor Statistics (BLS), NAHB Economics estimates that a home purchase triggers significant spending on appliances, furnishings, and remodeling. NAHB’s most recent estimates are based...
Why You Need an Expert To Determine the Right Price for Your House
Source: Keeping Current Matters --- If your lifestyle has changed recently and you’re ready to make a move, taking advantage of today’s sellers’ market might be just the answer for your summer plans. With homes continuing to get multiple offers, this could be your...
Housing Inventory June 6th Update: Inventory UP 13.9% Year-over-year
Source: Calculated Risk --- Altos reports inventory is up 13.9% year-over-year. Inventory usually declines in the winter, and then increases in the spring. Inventory bottomed seasonally at the beginning of March 2022 and is now up 56% since then. As of June 3rd,...
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