Author Archives: Ben Verde

Housing starts see biggest increase since 2016

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Housing starts were at a seasonally adjusted rate of 1,631,000 for May — a 21.7 percent jump from April and 5.7 percent higher than the levels recorded in May 2022, according to U.S. Census Bureau data. Continue reading →

Apartment mogul Patrick Carroll hit with defamation suit

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Patrick Carroll was sued by restaurant manager Miguel Angel Weill, who accused Carroll of spitting on him during a videotaped dispute in April. Carroll has not been served with the lawsuit, according to his attorney Duncan Levin. Continue reading →

Empty cupboards: The US has 39% fewer homes for sale than in 2018

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New listings dropped 23 percent year over year, pulling the number of homes on the market down 39 percent compared to the same period five years ago, according to an analysis by Redfin issued Thursday. Continue reading →

Jeff Lobb on the ‘biggest thing’ he sees agents struggle with in 2023

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The CEO of coaching and training business SparkTank Media dished on how artificial intelligence will enhance lead prospecting and where agents are failing amid a murky economic landscape. Continue reading →

Inflation is falling. So what happens next? Here’s what economists say

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The impact of high housing costs is expected to fall out of inflation, giving cover for the Federal Reserve to stop raising interest rates, economists said. But there are still warning signs. Continue reading →

Low inventory propped up price growth this spring

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U.S. home values grew 1.4 percent between April and May of 2023 — slower than the past two springs but faster than both the 2018 and 2019 spring markets. Continue reading →

‘Overachiever’ Dana Cadena preaches the power of the calendar

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Leader of Overachiever Central, Dana Cadena has helped several agents become seven-figure-producing mega-agents, she shared ahead of her appearance at Inman Connect Las Vegas. Continue reading →