The chamber also said the housing market will begin to stabilize to a “new normal” and home prices will no longer spike.

Self-storage can be a practical and simple solution for homeowners and renters who have too much stuff and not enough space.

Some small business owners are moving to suburban locations while others are scaling back on square footage. Others still are just moving completely remote.

Experts said the problem's complexity, rooted in poverty and a lack of affordable housing but including medical, psychiatric and substance-use issues, makes solving homelessness challenging.  

The modest drops in rates may make refinancing more attractive to some homeowners, but others are opting to stay on the sidelines. 

NAR is projecting a 13% increase in existing-home sales in 2024 (from 2023) to 4.62 million and a 15.8% increase in 2025 (from 2024) to 5.35 million and said interest rates will be cut four times.

Microsoft and other large companies are making new tools to help small businesses utilize artificial intelligence to expand their operations.

A soft landing – inflation falling back to the Fed’s target without a recession – could make it easier for the Fed to cut its key interest rates.

Some novel ideas to generate leads include integrating QR codes and chatbots into social media to provide potential buyers and sellers with immediate responses.   

While the average long-term mortgage rate has increased three out of four weeks this month, it is still lower than the high of 7.79% in October.