POWER BROKER Report Archives

Title	Date
Banker Confidence Shifting Significantly to More Positive Territory For the first time since Q1 2017, a composite outlook of bank CEOs, presidents, and CFOs from across the United States suggests that there is more optimism about the banking industry, as well as overall economic conditions. This according to Promontory Interfinancial...	2018-02-24
Flexible Work Hours Most Valuable Perk for Employees Flexible work hours are the perk that influences employee satisfaction the most, according to a new survey by Clutch, a B2B research firm. More than 40 percent of the full-time U.S. employees surveyed say that flexible hours are the most important perk they receive, and over half...	2018-02-24
IRS Clarifies Home Equity Loan Tax Deductions This year's tax season is bringing to light taxpayer confusion surrounding The Tax Cuts and Jobs Act of 2017, which could impact homeowners in next year's tax filing. The IRS is taking steps to clarify what the new provisions mean for the real estate industry and...	2018-02-24
Survey: Brokers Keeping Watchful Eye on Market Influencers Across the country, homes in many markets have regained value—a lot, in fact, passing their peaks prior to the recession. Brokers are riding the tailwind, with the majority of Power Brokers in RISMedia's 30th Anniversary Power Broker Report & Survey confident in the...	2018-04-08
Setting Boundaries: The Regulation of AI and the Impact on Real Estate Artificial intelligence (AI)—once a far-fetched capability only dreamed up in films—is becoming mainstream, including within the real estate industry. More brokerages are becoming reliant on proprietary algorithms that use datasets to streamline various processes and make...	2018-04-08
Consumer Confidence Retracts Consumer confidence retracted in March, posting a 127.7 reading in the latest Consumer Confidence Index® from The Conference Board. February's reading was 130. The Expectations reading of the Index, which gauges how consumers feel about their business, employment and...	2018-04-08
Apartment Rents Rise in March Apartment rents, on average, rose by $4 in March to $1,371, according to data recently released in a report by Yardi® Matrix. The increase is a 2.5 percent rise year-over-year. "It is encouraging to see rents growing at a time when the overall trend is toward...	2018-04-08
Is the Economy Fostering Optimism in Real Estate? Not Yet Confidence in the economy is high, but optimism about ownership is not, according to the National Association of REALTORS® (NAR). The amount of buyers who are confident about their prospects shrank to 68 percent in NAR's quarterly Housing Opportunities and Market...	2018-04-08
Consumer Experience Shifts to Text: Research From inquiry to sale, communicating with consumers throughout the process is vital. According to recent research out of Ellie Mae®, the financing industry platform, communication preferences are shifting to text. "Consumers have been telling us that...	2018-04-08
Despite Challenges, Homeownership Remains Part of the American Dream for Many Challenges persisted to the housing market in numerous parts of the country in 2017, from tight inventories and affordability issues to credit availability and more. Despite this, purchasing a home remains attractive to many, according to the recently released Aspiring Home Buyers...	2018-04-08
What Do Softer March Job Growth Numbers Mean for the Market? Employment increased by 103,000 jobs in March after increasing by 326,000 jobs in February. Labor markets remain tight as average job creation on both a three- and 12-month average basis remains very fast for the late stage of the current economic expansion. This fast employment growth...	2018-04-08
Yes, Millennials, But Don't Forget Gen X While it is true that millennials are the largest group of homebuyers, Gen X (those between 38-52 years of age) is also an important generational group: they comprise 26 percent of recent buyers and are the most racially and ethnically diverse population of buyers. They are also in...	2018-05-30
Welcoming Change: Brokers Adapt to a Shifting Industry Flexibility and a strong value proposition that both agents and consumers buy into—that's the secret to surviving in a shifting industry quickly being transformed by technology and disruptive business models. "You have to be nimble—you can't manage from a...	2018-05-30
How Email Can Put Your Business in Danger The email can arrive in your inbox cleverly disguised, appearing to come from your boss, a co-worker or some other person, business or organization you trust. But click on a link or attachment as instructed and you could be in for a headache. You’ve just given cybercriminals...	2018-05-31
5 Tips for Today's Small Business Owners Do you have a trusted advisor? Know who your successor is? A recent poll released from Massachusetts Mutual Life Insurance Company (MassMutual) revealed that small business owners are doing a lot of things right but there's room for improvement. The top findings of the...	2018-05-31
Home Prices: Boom Continues, but Leveling Out Needed The boom is continuing for home prices, with a gain in March of 6.5 percent, according to the S&P CoreLogic/Case-Shiller Indices. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index's 10-City Composite, which is an average of 10 metros (Boston,...	2018-05-31
AI, Blockchain and More: The Influence of Innovation in Real Estate Machine learning, artificial neural networks, natural language processing and data dictionaries—these terms were all highlighted during the Emerging Business and Technology, Robots & Realities forum, "Artificial Intelligence: Virtual & Augmented Reality, and What...	2018-05-31
Experts Are Eyeing a Recession in 2020—but It's Not Why You Think The economy is on a roaring run. Is a downturn imminent? Experts in housing are predicting a recession starting in 2020, according to Zillow's 2018 Q2 Home Price Expectations Survey; however, they anticipate monetary policy—not the housing market—as...	2018-05-31
Consumer Interest in Sustainability Remains High According to the recently released REALTORS® and Sustainability 2018 Report, consumer interest in both residential and commercial sustainability is high, with more than half claiming to be very or somewhat interested in sustainability issues. This report stems from NAR’s...	2018-06-28
Five Keys to Leaving a Positive Leadership Legacy Many successful business people have pondered their leadership legacy—and many of them struggle to find the answer. Your legacy is defined by the impact you have on the lives of others after you are gone. It is how you will be remembered. We are all leaving a legacy,...	2018-06-28

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