The AI revolution is here. Ever since the public launch of ChatGPT in November 2022, there’s been a race to leverage AI tools in nearly every industry, including real estate. We previously covered how generative AI…
James Pratt is a world-class real estate auctioneer — but not for foreclosures or tax deeds. No, Pratt auctions luxury homes. He holds over a hundred sale-price records, including the record for the highest sale…
With home prices having gone up nearly 80% in the past 10 years, it’s natural to wonder if the housing market is due for a correction. After all, real estate tends to follow cycles. Are…
As a real estate agent, your work is commission-based. That means the more property deals you help close, the more money you make. But regular homeowners only buy a new home about every 13 years. If…
On December 29, 2022, Congress passed a $1.7 trillion Omnibus Appropriations bill, which contains funding for many programs that could impact experienced and aspiring real estate investors. This could give savvy investors a head start in…
US home sales have been in sharp decline in recent months, and many worry that we are headed for another market crash. In fact, some analysts claim we are in a housing recession already. With…
Though the news cycle for Hurricane Ian has largely subsided, the damage it caused has not. The hurricane hit Southwest Florida (just south of Tampa) on September 28 with wind speeds of up to 150 miles…
Hurricane Ian was possibly the costliest storm in Florida history and the second costliest nationally when adjusted for inflation. Risk management company RMS puts the total insured losses caused by the hurricane at $67 billion and estimates another $10…
Since the July 28 announcement that US GDP fell two quarters in a row, many believe we are now in recession (or at least close to one). As a real estate investor or homeowner, this…
Inflation is rising rapidly. According to the U.S. Bureau of Labor Statistics, the June 2022 U.S. inflation rate reached 9.1%, which is the highest it’s been since 1981! If rising inflation has you worried about…
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