Recent legislation is challenging the classification of real estate professionals. NAR provides tips to guide brokerages on worker classifications.

After a whirlwind few years in the housing market, things got real in 2023. If you joined the business recently, 2023 probably felt like whiplash. Here are some lessons we learned and how you can apply them to your business this year.

Users watch YouTube Shorts videos more than 70 billion times every day. Redpill social media strategist Ross Walker writes that this popularity, combined with the platform's integration into Google search and new artificial intelligence tools, makes Shorts a major asset for marketers.

A duplex penthouse in Manhattan is reportedly under contract after asking $149.5 million. The penthouse, the most expensive residence ever sold by developer Gary Barnett of Extell Development, features seven bedrooms, two terraces and views of Central Park.

The U.S. construction industry should see sustained activity this year due to population growth in the West and Southeast, stable interest rates and high demand for energy and manufacturing projects, said David Mortenson, chair of Mortenson Construction, during a Federal Reserve Bank of Minneapolis conference. However, Mortenson is concerned about construction's relatively stagnant productivity curve, which needs to change if the industry is to emerge from a tight labor market.

Comments on Reddit can provide a fountain of information, revealing consumer interests and concerns, writes Ann Smarty, founder of Smarty Marketing. To gather insight from the platform, Smarty suggests using artificial intelligence tools such as GummySearch, Marketing Blocks, GigaBrain and Profiler.

From hosting the "world's longest open house" for Alzheimer's research to helping abuse survivors become cooks, find out how this year's recipients of NAR's Volunteering Works program plan to spread their impact.

Seattle-based nonprofit developer and lender HomeSight teamed with JPMorgan Chase, Amazon and the Washington State Housing Finance Commission to launch a fund to offer grants to support developers of color with affordable housing projects. Grants of $550,000 are available for early building stages while additional funding of $1.5 million will finance low-interest loans for later steps.

Colm Kelleher, chair at UBS, has said regulators are addressing the wrong weaknesses in the financial system by looking to increase banks' capital. Regulators should instead focus on shadow lenders, which are more likely to be the source of the next financial crisis, he said. "Since that sector is not sufficiently regulated by definition, that is where you will probably see crises coming out," Kelleher said. "Looking to over-regulate the banks, looking for more capital in the banking system is the wrong issue."