5 trends that defined the 2022 real estate market | Exec: Well-managed business gives gift of true time off | YouTube rolls out new analytics, tips, tools
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Owners of small-or-medium-size businesses -- 95% of whom don't take a vacation each year -- can build better boundaries for holiday breaks when they delegate and use other management tools, writes Adam Joy, CEO of Office Brands in Australia. Replacing work check-ins with leisure activities and understanding the value of work-life balance not only improve holidays but also strengthen companies in the long term, Joy notes.
YouTube is making its Shorts remix analytics reports accessible via desktop and adding data to its Key Metrics Display in the YouTube Studio, such as mobile and web likes and subscribers. The platform also has expanded its YouTube for Creators website with livestreaming guides and tips, expanded quizzes, and rolled out iOS graphics and stickers overlays.
A Miami condo bought for $22.5 million in cryptocurrency last year has been resold at a loss, an example of how the real estate buying spree by crypto-millionaires has come to an end. Prices for bitcoin are down more than 70%.
Property Tour AI provides virtual agents that take prospective buyers on virtual tours of properties. Available avatars operate in 50 languages with 20 demographic personas available.
With a median US household income of $70,000 per year and median home prices of $398,500 for the US, many Americans are priced out of housing, according to this analysis by the New York Times. "The only way affordability can improve is if price increases mellow or prices even retreat," said Keith Gumbinger, a vice president at HSH.com.
A selection of the latest US economic data shows inflation declining for the fifth straight month, with the annual rate at 7.1% in November and employment remaining strong with a low rate of claims for jobless benefits. Economist Alex Carrick reviews these and other telling numbers as the year comes to a close.
The National Association of REALTORS® is America's largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. REALTOR® Magazine is the official magazine of NAR, bringing expert insight to real estate trends, tools, and business strategies.
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