Sat.Oct 28, 2023

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The upside of 8% mortgage rates? More inventory

Housing Wire

If I had told you on Dec. 31, 2022, that mortgage rates would hit 8% in 2023, you would reasonably assume housing inventory would sky rocket higher, home prices would fall noticeably, and the number of price cuts would be higher year over year. Instead, the opposite has happened: home prices nationally hit an all-time high, inventory is still down year over year and the percentage of price cuts is 4% below last year’s level.

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The AI hype is real: Here’s what real estate pros need to know

Real Estate News

Think of AI as an “infinite time saver” that can supercharge your business and free up your time. It’s not going to replace you. In fact, it needs you.

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2023 is full of noise and disruption. Here’s how to do business anyway

Inman

There’s a lot going on in real estate and beyond, writes broker Troy Palmquist. Here’s how to block out the things you can’t control so you can get back to business.

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Brokerage Beat: News from Corcoran, The Agency, Hanna

Real Estate News

Corcoran expands in Houston, opens first Canadian office; The Agency moves into Cleveland; Howard Hanna acquires century-old Lancaster County firm.

Brokerage 201
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As Sitzer | Burnett trial winds down, plan for what’s next: The Download

Inman

As the first of the buyer commission trials draws to a close, get to know the plaintiffs in Sitzer | Burnett and plan for the changes ahead.

Buyers 150
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Seeing Greene (w/Meet Kevin!): Cash Flow Won’t Ever Make You Rich

BiggerPockets

Kevin Paffrath, AKA “Meet Kevin,” one of YouTube’s most famous financial influencers and real estate investors, joins us for this week’s Seeing Greene to answer YOUR real estate investing questions.