Renting is typically the stepping stone to homebuying, but the latest data on housing affordability shows that homeownership may continue to be out of reach for many. As such, property owners can expect to see rentals remain in demand, but may have to adjust their policies to incentivize renters. One policy that can make or…
In the face of ongoing geopolitical uncertainty and economic headwinds, consumers’ feelings about the economy remain dim. The nonprofit research firm, The Conference Board, released its latest month report Aug. 25, with its Consumer Confidence Index falling by 0.8 points to 89.4. July’s revised estimate was 90.2, leaving behind nearly a whole point between the…
In a statement released this morning, the National Association of Realtors® (NAR) appeared to defer on the question of whether Zillow’s new ChatGPT app complies with MLS policies regarding use and display of data, as real estate continues to grapple with big questions around AI technology. “For enforcement, each MLS is individually responsible for conducting…