Wages Up In May Jobs Report

Wages Up In May Jobs Report

With the preliminary May jobs report coming out yesterday, we saw average hourly earnings up 0.3% which was in line with the expectations. Compared to last year, hourly earnings were 4.3%, down from 4.4% in 2022. As home prices continue to rise, it is important that...
Antitrust Lawsuit vs NAR Trial Date “Coming Soon”

Antitrust Lawsuit vs NAR Trial Date “Coming Soon”

Judge Andrea R. Wood, in a telephone status hearing yesterday, said she expects a trial date for the Antitrust lawsuit against the National Association of Realtors soon. She is expected to name the dates between September and mid-October of this year. Expectations are...
Home Buyers Depend On Agents for Mortgage Recommendations

Home Buyers Depend On Agents for Mortgage Recommendations

According to a recent Zillow research, most homebuyers struggle to grasp mortgages, yet most rely on their brokers to help them understand their financing alternatives. It is more important that ever for real estate agents to have knowledge of the lending market and...
Does AI Boost Productivity

Does AI Boost Productivity

An analysis of a generative AI system deployed by 5,000 customer service representatives revealed that these employees saw increases in productivity and retention as well as a decrease in stress. The most interesting finding is that the younger and less seasoned...
Smart Home Garage Door Openers Hacked

Smart Home Garage Door Openers Hacked

Vulnerabilities in garage door controllers, smart plugs, and smart alarms made by device manufacturer Nexx are a recent illustration of a security threat aimed at smart-home gadgets. The Cybersecurity & Infrastructure Security Agency issues a warning that...