A 143-page Executive Order gives departments a timeline to create AI rules. HUD and CFPB, for example, have 180 days to focus on Fair Housing Act discrimination.
A proposed rule would allow fair-housing testers to have prior convictions – a way to determine if a landlord illegally turns away renters based on criminal history.
The Federal Reserve didn’t change interest rates on Wed. because existing tight “financial and credit conditions … are likely to weigh on economic activity.”
Home prices aren’t coming down, at least not in most of the U.S. The study of Fannie/Freddie data found just 1 of 9 divisions showing “moderate weakness.”
“I forgot to call that potential buyer back” usually means “I lost that potential buyer.” A good customer relationship management (CRM) system can fix that.
UF’s Oct. consumer sentiment survey found a drop in Floridians’ attitudes about the economy, but only a bit – and notably less than the companion national survey.
The U.S. Consumer Confidence Index fell for the third month in a row to 102.6 from Sept.’s 104.3. A top concern: The rising cost of goods and services.
A jury found NAR and others liable in a compensation lawsuit, but the association will immediately appeal and the case probably won’t conclude for several years.
Ownership offers fixed payments for 30 years and slowly building equity, but those on a fixed budget today haven’t seen such a strong rent advantage since 1996.
Too few sellers, high home prices, 8%-ish mortgage rates and strong buyer demand made the list, but so did AI and the “staggering costs to repair … aging infrastructure.”
