Dive into the digital revolution reshaping the property and real estate sector. Traditionally slow to embrace modern technologies, the industry now leverages AI, VR, AR and IoT. Explore how these innovations are enhancing the client-tenant experience and empowering informed investment decisions. Discover the key players driving transformation and the untapped opportunities that lie ahead in this rapidly evolving landscape.

2024 is predicted to shift to a buyer’s market, anticipating a 1% drop in home prices due to increased supply. With mortgage rates around 6.6%, homebuyers can expect some relief. The real estate industry is evolving, offering consumers more choices and transparency. Renting is gaining popularity for its flexibility. 

Unleash the power of LinkedIn with tips from Marie Presti, Broker-Owner of The Presti Group. A  comprehensive profile expands networking possibilities, and connecting with professionals beyond the industry is key. Personalized connection requests enhance relationships, and volunteer experience boosts industry connections. Stay active with regular updates, engagement with notifications and profile updates for visibility and robust connections.

In 2024, a more positive housing market is anticipated, with declining mortgage rates at 6.61%. The NAR predicts a modest sales increase.  While housing shortages will persist, a slight uptick in single-family home construction is expected. Mortgage rates are projected to hover between 6.1% and 7%, offering potential relief to homebuyers. A rise in single-family housing construction starts is forecasted, marking a recovery after declines in 2022 and 2023.