FHA chief: Why it should be easier to get a mortgage | 5 ways MLSs give small businesses a fair shot | Infographic: Don't make these Instagram blunders
FHA Commissioner Julia Gordon (National Association of REALTORS®)
Commissioner Julia Gordon talks to REALTOR® Magazine about policy changes and initiatives to expand access to financing for underserved home buyers at a time of low affordability. Full Story: REALTOR® Magazine (7/21)
AI's role as it pertains to small businesses Join this webinar on July 27 at 3 PM EST as we sit down with Mike King - Founder of iPullRank and now CMO of AIPRM, OpenAI's Google Chrome browser extension. You'll hear actionable takeaways for your business such as how to use AI as a competitive advantage, which AI tools are useful for you, and how to implement governance around AI. Register here to add to your calendar.
Infographic: Don't make these Instagram blunders This infographic from Giraffe Social Media displays nine mistakes marketers should watch out for on Instagram. Among the gaffes highlighted are not pinning most valuable posts, omitting calls to action and not repurposing popular content. Full Story: Social Media Today (7/19)
Personal touch remains central to homebuying experience Real estate experts believe that despite the increasing use of artificial intelligence in the industry, home buyers will still prefer the human touch when making significant purchases. Kirsten Jordan, a real estate adviser at Douglas Elliman, suggests that it will be a long time before people trust AI with such an important purchase. Full Story: Fox News (7/21)
Association with Jackie O. brings lasting value to homes The real estate portfolio of Jacqueline Bouvier Kennedy Onassis retains value with buyers to this day. "It might be a conversation starter that [former Secretary of State Henry] Kissinger lived there, but it doesn't translate into money unless it's the Kennedys," said Washington, D.C., real estate pro Jamie Peva of Washington Fine Properties. Full Story: The Wall Street Journal (7/21)
NYC office space eyed as affordable housing opportunity RXR's Project Kodak, aims to convert New York's underutilized office spaces into affordable housing, schools and community spaces. The initiative is a response to the changing dynamics of the office real estate market, which has been significantly affected by the pandemic and the shift to remote work. Full Story: Curbed (7/17)
Legislation & Regulation
Positive earnings reports boost leading regional banks Citizens Financial Group, M&T Bank and U.S. Bancorp have posted second-quarter earnings reports that met or surpassed expectations. The banks also said deposits are generally showing stability and that net interest income has increased. Major regional banks "have shown that they are in a position to get back the deposits, but going ahead the focus will also be on seeing at what costs are they able to accumulate it," said analyst Christopher McGratty of Keefe, Bruyette & Woods. Full Story: Reuters (7/19)
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The National Association of REALTORS® is America's largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. REALTOR® Magazine is the official magazine of NAR, bringing expert insight to real estate trends, tools, and business strategies.
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