A commercial real estate AI expert said companies should create AI policies based on privacy and security issues and then build on them as needed. MINNEAPOLIS – At a panel discussion talking through artificial intelligence use in the workplace, specifically for commercial real estate, Dan Williamson, director of AI for the commercial real estate developer … Read more
The best way to start a home search is by keeping a top 10 list of essentials and deal breakers. Also, consider your lifestyle, pets, location needs and necessary features, among other things. NEW YORK – Looking for a house to buy can be a daunting task. Buying a home is typically the most significant … Read more
New home sales in the United States dropped slightly in February but are up 5.9% from a year ago. The slight uptick in mortgage rates held back new home sales, but builder confidence remains high. WASHINGTON – Sales of newly built single-family homes in February dipped slightly for the first time in three months after … Read more
Existing home sales saw the largest monthly increase in a year nationally, NAR said. The median price in the South was $354,200, up 4.1% from last year. WASHINGTON – Existing-home sales climbed in February, according to the National Association of Realtors®. Among the four major U.S. regions, sales jumped in the West, South and Midwest … Read more
Wealth passed down from one generation to the next provides financial security for children and grandchildren. Buying a house is one step in the process. NEW YORK – Generational wealth is financial wealth and assets that can be passed down from one generation to the next. Most people plan to pass on their wealth to … Read more
Anyone who is self-employed and receiving payments from peer-to-peer apps (PayPay, Venmo, etc.) have new tax reporting changes for the 2024 tax year. NEW YORK — Workers across different industries are increasingly receiving some or all of their income via apps. They include tutors, graphic designers, hair stylists and all kinds of independent and self-employed … Read more
Homeowners and potential buyers are looking for features that allow them to enjoy the outside of their homes as much as the inside. Among them are backyard pickleball courts and weather-resistant landscaping. NEW YORK – As spring approaches, more homeowners are sizing up their outdoor space and making plans to ensure every square inch counts. … Read more
A good credit score can mean having access to the best loan rates and terms, while a bad score can impact apartment rentals, employment and others NEW YORK – While your credit score is a three-digit number that’s automatically assigned to you, this is one area of your financial life where you have quite a … Read more
Two Realtors from Florida are among the finalists for NAR’s 2024 30-Under-30 class. Voting for the Web Choice Winner opens April 3. ORLANDO – Two Florida young professionals – from Boca Raton and Fort Lauderdale – are among 50 real estate industry rising stars who embody innovation, determination and selflessness, vying for Realtor® Magazine’s 30 … Read more
After a two-week slide, the average rates on 30-year and 15-year mortgages climbed up again. Rates are still far below the 23-year high in October. LOS ANGELES — The average long-term U.S. mortgage rate climbed back to nearly 7% this week, pushing up borrowing costs for home shoppers with the spring homebuying season underway. The … Read more
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