Financial Digest
Artificial intelligence sequel: dynamic change in one short month - by Daniel Calano
Yes, it’s correct…I wrote a story on AI last month, summarizing its impacts on real estate. But, I could not resist writing again on the subject because of the enormous growth over the last month in the industry and the continued amazing examples since then.
Know the risk and proceed with caution - by David Kirk
The Fed has increased the guidance for interbank lending rate 25 basis points to 5-5.5%, again, as announced May 3, 2023. Only the minutes of the meeting to be released at a later date will record the vote to do so. Chairman Powell did add some qualifying remarks in announcing the decision which underly this decision. Pause is being discussed.
Who wants to be a millionaire? - by Kyle Kadish
As voters headed to the polls last November, Massachusetts residents approved a constitutional amendment officially called “The Fair Share Amendment”. Selling real estate might subject investors to an additional tariff in their year of sale.
Busy spring for REFA
Boston, MA REFA has been busy this spring prepping for upcoming events and programs. The next education program about valuations in the commercial real estate market will be on Tuesday, June 20th, 12:00 P.M., at 101 Seaport Blvd., PwC. The panel will be moderated by Andrew Alperstein, Real Estate partner, CPA, CRE, FRICS, PwC.