Help veterans understand how VA loans work | Aaron Kirman highlights value of patience in real estate | Digital tech helps IKEA personalize shopper experience
Help veterans understand how VA loans work A two-part video series from NAR aims to dispel misconceptions about the VA Home Loan Guaranty Program and guide REALTORS® and home buyers through the process. Full Story: REALTOR® Magazine (3/18)
Intense Market Shift? We Can Help NAR's Guide to Managing Volatile Market Shifts can help you financially safeguard your personal and business finances during intense market shifts. Learn how to outpace Inflation and take control in real-time. Log-in to FinancialWellness.realtor to download today!
Parag Parekh, IKEA Retail's co-chief digital officer and chief technology officer, discusses how the retailer is tapping augmented reality, artificial intelligence and other digital tools to personalize the web and app experience and boost sales. As IKEA re-creates its catalog and showroom for digital environments, it's exploring ways to further personalize the experience based on data that's provided "without being too invasive," Parekh said. Full Story: Digiday (tiered subscription model) (11/7)
Mortgage rates back above 7% Though borrowing costs are rising again after a brief break, historical patterns indicate there may be some easing on the horizon. Full Story: REALTOR® Magazine (11/10)
New York's luxury rents rise as rest of market cools Median rent for luxury apartments in Manhattan, N.Y., increased 13% in October from the prior month, while nonluxury properties saw a decline in median rent, according to Miller Samuel and Douglas Elliman Real Estate. The strength of the luxury segment "is continuing even as the overall market peaks," said Jonathan Miller, president of Miller Samuel. Full Story: Bloomberg (11/10),CNBC (11/9)
Single-family rental owners slow pace of acquisitions Some owners of single-family rental homes have slowed the pace of acquisitions amid elevated prices and continued interest rate hikes from the Federal Reserve. However, they note that the fundamentals of the sector continue to be strong, with rising mortgage rates and a shortage of housing drawing people toward the rental market, and these property owners have funds at their disposal that they can deploy when it makes sense to do so. Full Story: Insider (11/10)
Legislation & Regulation
Investors rethinking Fed rate hikes Some investors think the Federal Reserve could raise the benchmark interest rate to above 6%, compared with market-implied expectations of 5% to 5.25%, as inflation proves harder than expected to tame and as other economic indicators, such as a recent jobs report, remain strong. "It's really hard to see any progress on inflation in the next four or five months, not enough to satisfy the Fed," says Jim Vogel, manager of interest rate strategies at FHN Financial. Full Story: The Wall Street Journal (11/9)
Sharing Navigate With NAR Powered by REALTOR® Magazine with your network keeps the quality of content high and these newsletters free.
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.
SmartBrief Publishes More Than 200 Free Industry Newsletters - Browse Our Portfolio
