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Can ChatGPT help sell homes? Here’s how one real estate agent uses it
Source: Times West Virginian --- Real estate agents are always looking for ways to be more efficient and connect with home buyers and sellers. They try to figure out how best to use their resources and which tools to pull out of their tool belts. One new tool growing...
Ontario regulator warns real estate agents to watch for signs of fraudulent home sales
Source: CBC --- The body that regulates Ontario's 100,000 real estate agents and brokers is urging them to be more vigilant when verifying the identity of a client, amid a wave of fraudulent home sales and mortgages in the Toronto area. The Real Estate Council of...
US new home construction fell in January for the fifth straight month
Source: CNN Business --- US home building fell again in January, marking five straight months of declines, even as mortgage rates moderated and inflation cooled. Housing starts, a measure of new home construction, fell by 4.5% in January from December. That’s down...
Saudi Arabia’s Tourism Boosts Post-Covid Recovery of Real Estate Sector
Source: Skift --- The post-Covid recovery of the real estate sector in Saudi Arabia is led by increasing tourist demand and government spending on infrastructure projects such as the investment in King Salman International Airport, Deloitte noted in its latest real...
Unpriced climate risk and the potential consequences of overvaluation in US housing markets
Source: Springer Nature --- Abstract Climate change impacts threaten the stability of the US housing market. In response to growing concerns that increasing costs of flooding are not fully captured in property values, we quantify the magnitude of unpriced flood risk...
Where U.S. house prices may be most overvalued as climate change worsens
Source: The Washington Post --- The nation’s real estate market has yet to fully account for the increasing threats to millions of homes from rising seas, stronger storms and torrential downpours, according to new research published Thursday. “Climate change is...
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