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10 anti-burglary tips for your sellers When your clients are opening their doors to the public for showings, they need to take extra precautions—especially around the holidays, when they may be receiving expensive packages. Share these suggestions. Full Story: REALTOR® Magazine (12/9)
Fitting leadership development into your busy day Making time for leadership development is difficult yet essential for professionals who face myriad daily responsibilities. Spending time observing others, consuming development content and experimenting with the material can provide a path to progress, writes Darja Kragt, founder of The Leading Lab, who advises focusing on no more than two skills at a time. Full Story: Harvard Business Review (tiered subscription model) (12/7)
Real Estate Trends
How will the housing market change in 2023? Sean Roberts, chief financial officer of real estate tech firm Orchard, says the housing market will slow down in 2023 from its unsustainable highs over the past two years. "It may not become a buyer's market in every area, especially popular cities where competition is still fierce for homes, but 2023 will allow buyers to have more negotiating power and be able to make requests such as repairs or reduced closing costs," Roberts says. Full Story: SFGate (San Francisco) (12/12)
Tips for a quaint, cottage style during the holidays Quaint cottages can truly be brought to life during festive times. Get a cozy, Christmas cottage style using these 10 tips, including focusing on architectural details, adding character with vintage decorations and using pine cones and holly in decorations. Full Story: Homes & Gardens (12/10)
Survey: Real estate pros believe recession is close An economic downturn is expected in 2023 and a survey of real estate professionals found that sentiment has decreased to 8.5 on a 100-point scale, an almost 27-point drop over the past six months and down from 89.1 in 2021. Supply chain issues, inflation and increasing interest rates are leading to an expectation of a recession next year, the survey found. Full Story: Spectrum News/Los Angeles (12/12)
Technology & Innovations
Blockchain tech can change up real estate industry Blockchain application in real estate has had many recent developments that can enhance the industry, including providing better transparency and accessibility to buyers, stakeholders and sellers, writes Jacob Wolinsky, CEO of Valuewalk. Blockchain tech can help improve transactions and streamline processes, Wolinsky notes. Full Story: ReadWrite (12/8)
Fed considers smaller rate increase With the news that November's consumer price index inflation was down to 7.1%, the Federal Reserve is likely to go for a smaller rate increase. However, Tiana Lowe writes, "the Fed's decision to moderate interest rates runs the risk of a double-dip recession or even a hyperinflation spiral." Full Story: The Hill (12/12),The Examiner (Washington, D.C.) (12/13)
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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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