Fla. Realtors chief economist: โFlorida weathered the stormโ of higher interest rates and ongoing inflation making 2023, a โrough year for residential real estate.โ
NARโs chief economist said December sales โlook to be the bottom before inevitably turning higher in the new yearโ on lower mortgage rates and increasing inventory.
HUD Secretary Marcia Fudge told a congressional committee she is open to changing FHA mortgage insurance policies to those similar to conventional loans.
Agents are leaning into proptech (real estate technology) like eSignature and cloud storage, and may be using artificial intelligence (AI) and virtual reality (VR) soon.