NAR 2024 Year in Review: A New Era Begins | 9 ways to foster a sense of stability in your business | AI is here. How will you leverage it for your company?
NAR 2024 Year in Review: A New Era Begins As NAR members adapted to the practice changes outlined in the Sitzer-Burnett settlement, national, state and local associations worked together to keep members and consumers informed, remain strong advocates and forge a new path forward. Full Story: REALTOR® Magazine (1/29)
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AI is revolutionizing team dynamics by optimizing how teams work together, writes Jotform CEO Aytekin Tank, who outlines how AI can be used to enhance productivity and collaboration, allowing team members to focus on meaningful tasks rather than mundane busywork. When used wisely, AI can also improve project management, make teams more creative and streamline hiring processes, Tank writes. Full Story: Big Think (1/28)
Bluesky offers a way to reach Gen Z, millennials Each month, at least 25 million people engage with Bluesky, which is gaining traction with millennials and members of Generation Z. The platform's appeal is further enhanced by its association with cultural moments, such as the Mike Tyson vs. Jake Paul fight, and its potential for authentic engagement, especially in gaming and tech industries. Full Story: Ad Age (tiered subscription model) (1/29)
Real Estate Trends
RRF approves $1M grant for California wildfire victims The REALTORS® Relief Foundation is donating $1 million to victims of the Greater Los Angeles wildfires, which are the costliest in California history. Give to RRF by Feb. 7, and 100% of your donation will be earmarked for California wildfire victims. You can donate by texting "RRFCAStrong" to 71777 or visiting rrf.realtor. Full Story: REALTOR® Magazine (1/30)
Miami compound with 3 mansions relisted for $150M A $150 million compound on Miami's Palm Island has been relisted, featuring three mansions with a combined 21 bedrooms and 25 bathrooms. The property, assembled by Jorge Luise Garcia and the Adria, Maria, Adrian Almeida Trust over 17 years, offers 300 feet of waterfront, three pools and parking for almost 20 cars. Fredrik Eklund of Douglas Elliman is the listing agent. Full Story: Yahoo (1/27)
Technology & Innovations
Smart-home appliance popularity rising Statista says that the majority of American households will incorporate use of smart-home appliances this year. "We're doing a lot of smart homes, and there's a lot of it in the appliance world," said John Gemmi of Gemmi Construction Inc. Full Story: Bucksco Today (Bucks County, Pa.) (1/30)
Business Wellness
Incorporating meditative habits can start small and grow Intentionally working toward developing habits of spending device-free time, whether it's a few quiet moments or a lengthier formal meditation session, is inevitably good for us. "Making small, achievable changes for yourself will help you maintain and then keep those habits in the long run, and I think that applies to using your electronics and screen time as well," says licensed clinical social worker Erin Fourier. Full Story: The Nugget Newspaper (Sisters, Ore.) (1/28)
The 100-unit King's Ridge affordable housing complex in Raleigh, N.C., has opened its doors. Rent for the development is capped at 30% of the resident's income. Full Story: WRAL-TV (Raleigh, N.C.) (1/28)
Legislation & Regulation
Fed set to pause cuts as Trump's policies take shape Federal Reserve Chair Jerome Powell has confirmed the central bank will keep interest rates steady for the foreseeable future, citing uncertainty over President Donald Trump's economic policies, including tariffs and fiscal measures. Powell emphasized that the Fed is in "no hurry" to cut rates, as inflation continues to trend downward and the economy remains stable. Investors now anticipate the first rate cut by June, though policymakers will update their outlook in March. Full Story: CNBC (1/29),The Wall Street Journal (1/29),Bloomberg (1/29),The Associated Press (1/29)
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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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