by Brian Pate | Jul 5, 2023
In a nod to the 1980s girl band, Bananarama, we are getting ready for a cruel summer in real estate. Halfway through 2023 and we now have seen the effect of higher mortgage rates on the real estate market nationally, regionally and locally. Through the rest of summer,...
by Brian Pate | Jun 29, 2023
According to recent data from the National Association of REALTORS®, even while pending home sales decreased 2.7% month over month in May, that doesn’t necessarily mean that the housing market is slowing down. Contract signings are down a staggering 22% from a...
by Brian Pate | Jun 23, 2023
The rate of increase in apartment rent is rapidly dropping, favoring tenants for the first time in years. New-lease asking rentals increased by a little under 2% over the 12 months ended in May, according to the average of six national rental-price measurements from...
by Brian Pate | Jun 22, 2023
Rules for automated house appraisals are up for revision by federal authorities. To ensure accuracy, fairness, and compliance with anti-discrimination laws, authorities would mandate that companies using computerized valuation algorithms employ best practices and...
by Brian Pate | Jun 19, 2023
Despite the fact that copyright law is grounded in human authorship and dates back to a Supreme Court ruling from the 1880s, a number of instances employing cutting-edge AI technology are currently contesting that rule of law. At the Risk Management Issues Committee...
