Commercial Real Estate

New-home transactions roar to life with strongest sales pace in a year

A dip in mortgage rates and a backlog of empty homes helped power sales of newly constructed houses for the second-straight month in January, according to data released Friday by

Inman’s Top 5 stories of the week Feb. 17-23, 2023

Catch up on the most-read stories of the week, as determined by Inman readers. Here’s Inman Top 5 for Feb. 17-23, 2023.  

Rupert Murdoch drops $30M on full-floor pad, Central Park views

Murdoch, the News Corp founder and business magnate, has signed a contract to buy the entire 27th floor of the Hampshire House in Manhattan. It’s only his latest purchase in

Core’s Shaun Osher snatches up landmarked Long Island estate

The real estate brokerage CEO and his wife, Core Chief Operating Officer Brittley Wise, have bought a former working farm that dates back to 1893 for $3.1 million, according to

RE/MAX announces new campaign: ‘Unstoppable Starts Here’

The branding campaign intends to provide RE/MAX’s wide network with a fresh, new look. It will gradually roll out through 2023, according to the company.  

Wells Fargo lays off hundreds more, including some top producers

The bank says it has racked up $353 million in severance expenses as it closes branches and pursues a “more focused home lending business.”  

Real estate industry welcomes FHA premium cuts, with caveats

Cuts are expected to save borrowers $678 million a year but don’t apply to existing loans or release homeowners who have built up equity from “life-of-loan” requirements.  

You plus ChatGPT: 3 ways to upgrade your Instagram content

Trying to figure out how to use AI without creating generic-sounding content? Social media expert Michelle Berman-Mikel shares three ways that you can use ChatGPT for Instagram without automating yourself

It’s a tool, not a solution: What top pros are saying about ChatGPT

Unchecked and unregulated AI has the potential to blur the lines of authorship and ownership, at the very least. Perhaps the less obvious reason to proceed with caution is ownership

How to put AI to work to make more money in your real estate business

ChatGPT is poised to become a truly disruptive technology — if you know how to use it. As she wraps up this three-part series, Bernice Ross talks with Jeff Lobb