Yun: Latest Fed hike 'unnecessary and harmful'

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Circular design helps homeowners waste less, preserve more | How to get better at problem solving | Yun: Latest Fed hike 'unnecessary and harmful'

Created for newsletter@newslettercollector.com | Web Version

May 4, 2023

Top News

Circular design helps homeowners waste less, preserve more

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Interior design experts unpack this future-minded design philosophy that centers on sustainability. Full Story: REALTOR® Magazine (4/27)

	The Listing Presentation Templates & Scripts You Need in 2023 Sellers are anxious about listing in this new market. Make sure you can handle their concerns and ensure you walk away with a signed listing agreement with these must-have listing presentation templates and scripts! Click here to get the new templates & scripts today: Download Now!

Best Practices in Sales & Marketing

How to get better at problem solving

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Problem solving can be done by bringing other voices to the table, whether through research or networking with other professionals and even competitors—but be willing to share your challenges with the group, says Marting Zwilling, founder and CEO of Startup Professionals. "That may be a new mindset for you, but in my experience, the payback is well worth the time and effort," Zwilling writes. Full Story: Inc. (tiered subscription model) (5/2)

Real Estate Trends

Yun: Latest Fed hike 'unnecessary and harmful' The Federal Reserve voted Wednesday to raise its benchmark interest rate for the tenth time in a year, putting too much pressure on small regional banks, says NAR's chief economist. Full Story: REALTOR® Magazine (5/3)

Why people are selling their houses and moving As much as people would like to control the things life will bring, the reality is that deviation is inevitable—and oftentimes, moving is a circumstance that wasn't in the plan. Full Story: REALTOR® Magazine/The Lounge (4/27)

These kitchen design rules no longer apply Kitchen design rules such as the "golden triangle" don't make sense for some modern spaces. Full Story: Homes & Gardens (5/1)

Construction job openings down in March Construction sector job openings fell to 341,000 in March from 404,000 the previous month, in parallel with an overall decline in openings across the U.S. economy, according to the Bureau of Labor Statistics. Total job openings in March of 9.6 million is the lowest number in nearly a year and suggests that efforts to ease inflation are working. Full Story: Dodge Data & Analytics (5/3)

Technology & Innovations

ChatGPT debuts as Zillow's latest real estate search tool

(Lance McMillan/Getty Images)

Zillow has been updated with the ChatGPT plug-in to generate real estate listings based on property features entered by users. The plug-in is only currently available for select users. Full Story: The Verge (5/2)

Business Wellness

70% of Americans think DEI efforts are important Seventy percent of Americans think diversity, equity and inclusion efforts are important, but anti-racism efforts came 10th in their ranking, according to GWI research. Generation Z is the age demographic most concerned with DEI efforts and Asian Americans are 95% more likely to say they "rarely" see themselves reflected in ads. Full Story: MediaPost Communications (free registration) (5/2)

Legislation & Regulation

Why lawmakers need to hear your voice From flood insurance to transportation and infrastructure, it's critical for real estate professionals to understand and advocate for policy initiatives that build strong communities on the federal, state and local levels. Listen to Drive With NAR. Full Story: REALTOR® Magazine/Drive With NAR (May 2, 2022)

Fed issues quarter-point rate hike, signals potential pause The Federal Reserve raised interest rates by 25 basis points Wednesday while also indicating that it might pause its rate-hike cycle. The Fed will analyze the latest economic data in deciding how to proceed, said Chair Jerome Powell. "Looking ahead, we'll take a data-dependent approach to determining the extent to which additional policy firming may be appropriate," said Powell. Full Story: CNBC (5/3), The Wall Street Journal (5/3), The New York Times (5/3), The Associated Press (5/4)

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About The National Association of REALTORS®

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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