It has become a cliche, but calling the last few decades a “revolution” in the industry still feels accurate. While the basics of buying and selling homes has remained unchanged, tech and digitalization created a whole new frontier to explore, as housing data fueled new innovations and brought huge amounts of capital into real estate.…
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History tells us that resistance to technological progress is strongest from people who will be displaced by it. In simple terms, ChatGPT is an AI language model/chatbot designed to generate human-like text responses to a wide range of questions and prompts. The chatbot engine culls vast amounts of data from the internet, including books, articles…
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Although the real estate market is shifting seemingly every day one thing remains constant — there are always people who will want to buy or sell a home. For both the buyer and seller, a transaction is a time filled with many emotions. Now, with the fluctuating market, it can be even more so. Some…
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The Mid-Atlantic region’s housing market is feeling waves of confusion as the spring buying season kicks off, according to a new report from Bright MLS. Bright MLS’s March Housing Report found that elevated mortgage rates continue to erode buyers’ purchasing power, and low inventory in most markets restrained market activity. On the other hand, homes…
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Even with changes in the housing market, plenty of buyers still exist. Though if you don’t want to wait for top dollar, you might be asking, “Can I sell my house for cash?” This could allow you to sell a home as-is and move faster. You can easily find a cash buyer, but there are…
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The National Association of REALTORS® (NAR) has named John Finn the federal political coordinator (FPC) for Virginia’s newly elected Congresswoman, Jennifer McClellan. In this role for the NAR, Finn will be responsible for maintaining a strong and effective relationship with Congresswoman McClellan and fulfilling specific tasks as required. His appointment underscores NAR’s commitment to protecting…
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