Tributes continue to pour in for NAR's vice president of association affairs, who is remembered for lifting others on their leadership journey. Full Story: REALTOR® Magazine (1/30)
Best Practices in Sales & Marketing
Could you already use a redo of 2023? It might be time for a bit of self-coaching. Honest reflection is a great way to assess where you're at, where you want to be and how to get there. It also shows you where you're killing it! Full Story: REALTOR® Magazine/The Lounge (1/18)
Single women lead single men in homeownership Single women are embracing homeownership, buying homes at higher rates than male peers despite earning less money, according to an analysis of Census data by LendingTree. Full Story: CBS News (1/30)
Real estate industry's tech adoption accelerating Venture capital firm Fifth Wall sees technology as transforming real estate in a range of ways covering everything from "leasing, asset-management software, fintech, mortgages, operating systems, keyless entry," says founder Brendan Wallace. "The core focus is simply that you have this industry that has been so slow and late to adopt technology that's now starting to do so, and as it does, it's creating all this value," Wallace says. Full Story: TechCrunch (tiered subscription model) (1/27)
Fair & Equitable Housing
Town aims to simplify affordable rental application process Somerville, Mass., is working to make it easier for residents to participate in its Inclusionary Housing Program through a new consolidated waitlist. The list will enable one application to cover new vacancies. Full Story: WBUR-FM (Boston) (1/30)
Legislation & Regulation
Fed Chair Powell's comments will be watched closely It is widely expected that the Federal Reserve will increase interest rates by a quarter point at a meeting this week, and the markets will scrutinize Chair Jerome Powell's comments about what will happen next. Data suggests the economy and pace of inflation are slowing, but the labor market remains resilient. Full Story: U.S. News & World Report (1/30)
Big banks prepare for tougher times Major banks are adding to their reserves to cover loan losses and becoming more stringent with lending requirements as delinquency rates on loans and credit cards are increasing. "I think there are certainly a lot of concerns about what may come with the economy and the potential for a recession in 2023," said Discover CEO Roger Hochschild. Full Story: The Wall Street Journal (1/30)
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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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