Advice: Real estate pros should get their message out there Public relations expert Duree Mellion Ross advises that real estate firms should maintain their PR presence in the current market transition. "During economic slowdowns, opportunities are still present for developers and residential real estate firms to create awareness for their properties," Ross writes. Full Story: Forbes (tiered subscription model) (1/2)
Know what makes the ultimate smart home From turning on the shower to monitoring energy usage, smart-home technology is integrating more fully into homeowners' lives. This series will educate you on the benefits of this technology and what truly defines a smart, connected home. Full Story: REALTOR® Magazine (1/3)
Fair & Equitable Housing
Vermont Legislature to address housing shortage Lawmakers in Vermont will prioritize efforts to expand affordable housing and address a chronic housing shortage. In 2022, Vermont received more than $1 billion in funding from the American Rescue Plan. Full Story: The Associated Press (1/2)
Legislation & Regulation
White House adviser sees potential for soft landing Heather Boushey, a member of the White House Council of Economic Advisers, says that as recent public and private-sector investments in infrastructure, clean energy and semiconductor manufacturing bolster the labor market, the economy can still pull off a soft landing. "Time will tell but I think the pieces are in place to have a fighting chance to do so," Boushey said. Full Story: Financial Times (subscription required) (12/28)
Fed research underscores concerns over recession A Federal Reserve Bank of St. Louis analysis of the Philadelphia Fed's state coincident indexes finds that 27 states experienced negative growth in October. The Fed has estimated that negative SCI growth in 26 states could indicate that the economy has entered a recession. Full Story: The Hill (12/30)
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The National Association of REALTORS® is America's largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. REALTOR® Magazine is the official magazine of NAR, bringing expert insight to real estate trends, tools, and business strategies.
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