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A Record 25% of Home Searchers Looked to Move to a New Metro at the End of 2022 as High Housing Costs Drove Relocation – Yahoo Finance

Economic uncertainty and 6%-plus mortgage rates caused fewer Americans to purchase homes in the fourth quarter. But those who did buy relocated at an unprecedented rate due to remote work and the allure of more affordable options SEATTLE, January 23, 2023–(BUSINESS WIRE)–(NASDAQ: RDFN) — A record one-quarter (24.6%) of Redfin.com users looked to move to […]

How ChatGPT could change commercial real estate – The Real Deal

Photo illustration of Gparency’s Ira Zlotowitz and FI Real Estate Brokerage’s Filippo Incorvaia (Getty, LinkedIn) Filippo Incorvaia doesn’t know much about poultry. He’s a real estate broker, not a farmer. To help a commercial client identify a possible warehouse distribution center, he would have to do hours of research on the poultry industry. But with […]

SF home prices fell more than anywhere else in US last month – SFGATE

San Francisco experienced the largest year-over-year decrease in median home sales prices of any metro in the U.S. in December, ending 2022 very differently than how it started. Prices were down 5.1% compared to the previous year, according to RE/MAX’s national housing report.  Even with prices down, though, and the “first buyers’ market in years,” […]

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