Property owners can pursue repayments for CDC eviction moratorium losses In a major development for property rights advocates, a new court ruling reaffirms that landlords have the right to pursue compensation claims for losses suffered during the U.S. Centers for Disease Control and Prevention eviction moratorium. By upholding the Darby vs. United States ruling, the U.S. Court of Appeals for the Federal Circuit maintains the legal framework that protects housing providers against uncompensated government takings. Full Story: REALTOR® Magazine (6/20)
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Best Practices in Sales & Marketing
Put new and speculative homes back on your buyers' radar The gap between the price of a brand-new home and an existing one has narrowed significantly. Historically, new homes have carried a premium, thanks to modern finishes, updated layouts and newer materials. But based on U.S. Census Bureau data, the price difference averages $7,000 as of April. This rare pricing alignment may present an opportunity for real estate agents and buyers to navigate a tough affordability environment. Full Story: REALTOR® Magazine (6/18)
Social media user numbers grow, time spent peaks Social media platforms will attract 1.7% more users this year, eMarketer predicts. Daily time will hit its peak at an hour and 54 minutes, then begin to decline next year, with people continuing to spend the most time on video. Full Story: Inside Radio (6/20)
Real Estate Trends
Multifamily slowdown drives drop in housing starts Housing starts dropped 9.8% in May, mainly due to a sharp decrease in multifamily construction, which hit its lowest level in six months. The National Association of Home Builders reports that while single-family starts edged up slightly for the month, they remain down for the year, and the outlook for 2025 remains weak due to high mortgage rates, expensive construction costs and economic uncertainty. Full Story: Reuters (6/18),Connect CRE (6/19),The Hill (6/18)
Sun-washed earth tones emerge as top summer color trend Interior designers are embracing sun-washed earth tones as the leading color trend for summer, says Shea McGee of Studio McGee. "These colors feel grounded and nostalgic but still fresh," McGee says. "I love how they bring subtle personality into a room without overpowering it." Full Story: Better Homes and Gardens (6/20)
Illinois home for sale features chef's kitchen A remodeled three-bedroom home in Rockford, Ill., is on the market for $495,000. The property features a chef's kitchen, two fireplaces, floor-to-ceiling windows and a private deck with views of Anderson Japanese Gardens. Milena Cojkic of Keller Williams Realty Signature is the listing agent. Full Story: Rockford Register Star (Ill.) (6/20)
Technology & Innovations
How to make AI your real estate ally AI is revolutionizing real estate, but are you using it responsibly? Cutting-edge AI tools can save time and boost efficiency. But without the right considerations, they can also introduce risk. Colleen Campbell, founder of A-Human-I, helps break down how to turn AI from a buzzword into a business ally, without overlooking important ethical, legal and operational considerations. Full Story: National Association of REALTORS®/iOi blog (6/18)
You have emotional intelligence if you have the self-awareness needed to recognize, understand and manage your emotions while empathizing with others, writes LaRae Quy, who offers three ways you can develop this skill to enhance your leadership. Quy suggests seeking feedback from colleagues about your leadership style, developing your empathy by reading books and asking questions to get a new perspective and building consensus to make better decisions. Full Story: SmartBrief/Leadership (6/18)
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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