Shortly after mortgage rates spiked in the spring, the U.S. housing market took a turn. According to economists at Wells Fargo, sharply declining home sales, builder confidence and single-family construction have triggered a housing “correction.” Others, like the National Association of REALTORS®’ chief economist, are calling it a housing recession. Whatever we collectively decide to…
Despite innovation in nearly every other aspect of the real estate transaction—from online search to digital closings—the process of creating a comparative market analysis (CMA) hasn’t changed much in the last several decades. It remains a time-consuming and largely manual process to produce a report, which is quickly outdated in today’s fast-paced market. According to…
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