Your Future Home hosts Baker Machado and Hope King discuss the latest trends in the real estate market. From robots to department store real estate, they cover the stories you need to know.
The housing recovery appears to be slowing as mortgage rates are rising and housing inventory remains low. According to the National Association of Realtors pending home sales dropped 4.7% in January to the lowest point in nearly four years.
Plus, robots are taking over! A new crop of companies are introducing A.I. technology they say will upend how properties are bought and sold. However, while traditional brokerages see value in technology, they don't see robots or artificial intelligence replacing human agents or reducing their earning power.