Home prices are slipping in Florida, Arizona and Texas

Mortgage rates decided to bounce back into the 7s this week. We can see an impact in that immediately as home sales are slowing down. These are the homes that go into contract immediately after listing. We also see new pending sales slowing and price reductions ticking up. The most notable thing in
Read MoreTech platform MoxiWorks shakes up its C-suite

MoxiWorks, a real estate technology platform for agents, announced Monday that longtime CEO York Baur will be stepping down as CEO and Eric Elfman will replace him. Baur will remain on the company’s board of directors. Elfman will lead all aspects of the company. His focus will be ”improving the age
Read MoreCalifornia will not vote on public housing amendment to state constitution this fall

Voters in the state of California will not be voting on an amendment to their state constitution this fall that would’ve removed a controversial public housing provision from the governing document, according to lawmakers who spoke with Politico. Article 34, a provision in the California Constitutio
Read MoreKeller Williams launches AI-powered real estate assistant

Keller Williams Realty has launched a real estate assistant that is powered by generative artificial intelligence (AI) and is trained on the company’s proprietary models, systems, books and training resources. “We are thrilled to bring this AI-powered tool to agents and look forward to its transform
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