People relocated to metros $7,500 less expensive, a Zillow study of United Van Lines data shows Charlotte, Providence and Indianapolis saw the highest net in-migration among the 50 largest markets.Chicago, San Diego and Cincinnati witnessed the most outbound moves compared to inbound relocations.Record-high housing costs in 2023 likely drove the continued trend of moving toward affordability.Movers are also, increasingly, relocating to areas with more home listings per resident.SEATTLE, Jan. 9, 2024 /PRNewswire/ — Households that moved across state lines in 2023 relocated to markets where homes cost on average $7,500 less than where they came from, a new Zillow® study of…
Author: Smart Realty
As agents continue to reevaluate their brokerage affiliations heading into the new year, Seattle-based Sandra Hines, Blake Waggoner and Dave Janssens have all left Realogics Sotheby’s International Realty for The Agency. The verdict is in — the old way of doing business is over. Join us at Inman Connect New York Jan. 23-25, when together we’ll conquer today’s market challenges and prepare for tomorrow’s opportunities. Defy the market and bet big on your future. Three top agents from Realogics Sotheby’s International Realty have left the luxury brand and moved to The Agency Seattle, as agents continue to reevaluate their brokerage affiliations heading…
Imagine having an Artificial Intelligence-powered assistant that understands your property preferences better than you do. With AI-powered property recommendations, the company can help in the real estate sector, making finding your dream home a breeze. This cutting-edge technology analyzes vast amounts of data to provide personalized suggestions tailored to your unique needs and desires. By harnessing the power of artificial intelligence technology, real estate agents can offer more accurate and efficient services, saving clients time and effort in their search for the perfect property. In today’s fast-paced world, AI-powered property recommendations revolutionize the real estate industry by streamlining the house-hunting…
Did you know that machine learning is revolutionizing the real estate market analysis, property prices, and house price prediction? With its ability to process vast amounts of data and identify patterns, machine learning has become a game-changer in predicting property values, house price prediction, and understanding market trends. Whether you are a real estate investor, agent, or developer, leveraging machine learning can provide invaluable insights into property valuation and market dynamics. /// From predictive modeling to demand forecasting, we’ll delve into the various applications of machine learning in the real estate sector, including prediction of property prices. By harnessing the…
Did you know that by 2025, the global AI market is projected to reach a value of over $100 billion? Artificial Intelligence (AI) and Machine Learning are revolutionizing industries, from healthcare to finance, shaping the way businesses operate and how we interact with technology. Understanding AI’s ability to mimic human cognitive functions and machine learning’s capacity to learn from data is crucial in today’s tech-driven world. We’ll explore real-world applications, such as virtual assistants and recommendation systems, shedding light on how these technologies impact our daily lives. So, let’s unravel the mysteries behind AI and machine learning together. Key Takeaways…
AI-powered algorithms are revolutionizing the real estate industry by providing predictive analytics and virtual assistants, offering accurate and timely insights into market trends and helping professionals make informed decisions. With the ability to analyze vast datasets from various sources, AI models are transforming market forecasting and future predictions in the real estate sector. By predicting price growth, rental demand, and vacancy rates, these AI models equip real estate investors with valuable insights that drive their success in the market.Key Takeaways:AI-powered algorithms are transforming real estate market forecasting.Predictions include price growth, rental demand, and vacancy rates.AI models provide valuable insights for…
Ever wished for an assistant that could handle your real estate tasks effortlessly? Enter AI-powered real estate virtual assistants. These cutting-edge technology tools are revolutionizing the industry, streamlining processes, and enhancing productivity. But what exactly are these virtual assistants capable of, and how can they benefit you? AI-powered real estate virtual assistants can manage administrative duties, respond to inquiries, schedule appointments, and even analyze market trends – all with remarkable efficiency. /// Their ability to handle repetitive tasks frees up valuable time for salespeople in the real estate industry to focus on building client relationships and closing deals. Key Takeaways…
Voters are set to decide whether to increase the tax paid on real estate sales above $1 million. Landlords and business groups say referendum violates the state constitution. The verdict is in — the old way of doing business is over. Join us at Inman Connect New York Jan. 23-25, when together we’ll conquer today’s market challenges and prepare for tomorrow’s opportunities. Defy the market and bet big on your future. A group representing Chicago landlords sued the city’s elections division on Friday, seeking to block a referendum that would increase the taxes paid on sales above $1 million from…
The Tate Property Group joins Coldwell Banker as the recruiting of rockstar agents and teams remains one of the low-key most important trends in real estate. The verdict is in — the old way of doing business is over. Join us at Inman Connect New York Jan. 23-25, when together we’ll conquer today’s market challenges and prepare for tomorrow’s opportunities. Defy the market and bet big on your future. Twenty Twenty-Four is just five days old, but already the year is seeing a deluge of big recruiting news — in this case, the announcement that Coldwell Banker has nabbed the Tate Property…
Winter can bring unique challenges and opportunities for vacation rental property managers and investors, whether you’re in the sunny climate of Orlando, Florida, or possibly somewhere wetter and colder like Seattle, Washington. If you’re looking to buy a property to turn it into a vacation rental, this comprehensive winter season VR maintenance checklist compiles insights and recommendations from seasoned professionals in the industry. From yearly maintenance routines and safety inspections to adapting property management approaches and providing guest-centric amenities, these tips aim to ensure a delightful and hassle-free experience for guests during the winter season. Whether you’re preparing for snowstorms…