The monthly mortgage payment on a $400,000 loan is about $2,470 compared to $1,660 a year ago, according to NAR.

When your clients are opening their doors to the public for showings, they need to take extra precautions. Share these suggestions to help them keep their belongings safe.

Bianca D'Alessio, star of "Selling the Hamptons," says supporting your team is the key ingredient to success. She has a team of 30 agents and says understanding each member's motivations and goals is essential.

When business targets stall, troubleshooting needs to identify whether the snag is in the broader strategy, specific tactics or the goals themselves, digital media consultant John Boitnott writes. "Knowing when to do which is critically important," notes Boitnott, who advises first looking into specific actions, then strategies and finally goals.

Although housing inventory has increased in recent months due in part to properties sitting on the market for longer periods, the number of new listings for the month that ended Sept. 18 fell 20% from a year ago, according to Redfin. Homeowners who have low mortgage rates or don't urgently need to sell may be biding their time about putting properties on the market, according to economists.

Manhattan apartment rents fell by $50 in August to reach a median of $4,100, ending several months of record-setting increases, according to Miller Samuel and Douglas Elliman Real Estate. "Rents are robust but they are starting to plateau," said Miller Samuel President Jonathan Miller.

Some buyers are turning to adjustable-rate mortgages as a way to reduce costs as interest rates rise, with the number of ARM applications reaching the highest level since 2007.

The nVentures arm of Nvidia is investing $15 million in Utah-based PassiveLogic, which provides a service platform for autonomous control of building systems. "We were impressed with PassiveLogic's vision to revolutionize the real estate industry through autonomous operations at the edge," nVentures chief Mohamed Siddeek says of the investment.

Miller surmounted supply chain issues to rally her community to provide food for impoverished children. Meet all 10 Good Neighbor finalists and vote for your favorite cause.

The Inflation Reduction Act includes "a lot of opportunities related to affordable housing," says KeyBank's Stacie Nekus, citing tax incentives to invest in low-income housing developments.

Mortgage bonds climbed 0.4% Wednesday after the Federal Reserve announced it had no immediate intention to sell mortgage-backed securities holdings, worth $2.7 trillion. John Kerschner, head of US securitized products at Janus Henderson Investors, says the announcement makes money managers and others more confident in purchasing mortgage bonds, while Citigroup has revised an expectation of the start of Fed sales to April from November.