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Goldman Sachs says 4 US cities will suffer a 2008 crash in home values
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 catastrophic...
‘A real estate bottom?’ More homebuyers jump back in as the year kicks off
Source: Yahoo! News --- Real estate agents confirm what housing data is starting to show: More homebuyers are emerging from their self-imposed hibernation. The volume of mortgage applications for home purchases rose 25% week over week, the Mortgage Bankers...
With mortgage rates dropping and fee changes in the pipeline, now may be the time to buy that home
Source: CNBC --- The average rate for a 30-year mortgage dropped to 6.15% last week — the lowest in 18 weeks. This dip in rates provides welcomed relief for many potential homebuyers who’ve put their dreams on pause thanks to high mortgage interest rates, which have...
How real estate agents put artificial intelligence to work
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 become...
HOW TO INCREASE YOUR LOCAL RANKINGS AS A REAL ESTATE AGENT
Source: Realty Biz News --- It may surprise you to learn that homes cost an average of over $350,000 as of 2022. The increase in housing prices has generated a large amount of interest in working as a real estate agent. This is simply due to the higher commissions...
Europe Braces for a Sharp, Abrupt Real Estate Reversal
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 City...
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