by Brian Pate | Jan 30, 2025
The real estate market is constantly shifting, influenced by economic conditions, interest rates, and buyer demand. While prices may rise and fall over short periods, they tend to revert to a long-term average over time. This concept, known as mean reversion, plays a...
by Brian Pate | Dec 31, 2024
Artificial intelligence (AI) is rapidly reshaping industries across the board, and real estate is no exception. As technology continues to evolve, AI is becoming an essential tool for real estate professionals, from enhancing marketing strategies to streamlining...
by Brian Pate | Dec 27, 2024
In a recent announcement from Adam Mosseri, head of Instagram, he revealed the social media platform will introduce AI-powered editing tools for video that will allow users to change “nearly any aspect” of videos using text prompts. In his teaser video, Mosseri can be...
by Brian Pate | Dec 17, 2024
Federal Reserve Interest Rate Cut: What It Means for the Housing Market The Federal Reserve is widely expected to implement another interest rate cut this week, marking the third consecutive reduction since September. This potential rate adjustment comes as part of...
by Brian Pate | Dec 9, 2024
As of this morning, there are 7,860 active listings in the sixteen-county base area of the MLS in the Raleigh real estate market. That is down from over 8,000 active listings from late September 2024 through the end of November. These stats include data from the...