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In part 1 of this article, we diagnosed a reality of many digital disruptions, especially those pertaining to AI and automation in the education industry: Technology will NOT replace humans, but only give them a greater opportunity to leverage their tactile, human skills to find new roles in the world. In such a hands-on, human sector as education, educators, administrators, and leaders alike should not fear the current influx of autonomous software like ChatGPT but instead, use an anticipatory mindset coupled with their human competencies to adapt autonomous software and think critically and creatively about letting it handle the simple, otherwise arduous tasks. In doing so, professionals in education can better foster the ability for students to learn the skill of application and in turn, how they themselves can adapt to the world around them. The best part? All of this cannot be replicated by AI, autonomous software, or machine learning (ML) whatsoever!
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After a good CPI number and a solid 10-year treasury auction, we saw a nice 75bp improvement in the UMBS 30YR 5.5% coupon, which followed up a 19bp gain on Tuesday. Today we have the PPI number and jobless claims, so we might see some more good news and another good day for bonds. Despite all the good inflation data, you can expect the Fed to raise rates again at the end of the month, just because they can, and because they REFUSE to use any real-time data at their disposal and formulate a real strategy. As usual, the Fed is way behind the curve and refuses to admit they are wrong. Since you can’t fight the Fed, expect a slow, but steady decline in mortgage rates and when the economy stalls in the fall as those with student loans struggle to pay back what they owe, billions will not…
There were no winners of the jackpot in the Mega Millions drawing on Tuesday, July 11th and the Powerball drawing on July 12th. However, the Players Edge AI app successfully predicted the jackpot for both drawings. In addition, the app accurately predicted the second, third, and fourth place winners twice as often as the actual results, with Players Edge AI producing 4,147 predictions compared to the actual count of 2,290. Powerball July 17th drawing - $900 Million Mega Millions July 18th drawing - $640 Million Players Edge has a proven record that its technology can significantly exceed actual lottery-winning results. Using our free APP will enhance your chance of winning. Available on the APP stores, download and register for FREE access. www.PlayersEdgeLotteryPicks.com
Elevated mortgage rates are cutting into homebuyers’ budgets. But this week’s inflation report—which shows that consumer prices are cooling quickly—provides a glimmer of hope that mortgage rates could gradually start to come down. The median U.S. home-sale price rose 1.5% from a year earlier during the four weeks ending July 9, the first increase in nearly five months. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Average weekly mortgage rates are at their highest level since November 2022, bringing the typical homebuyer’s monthly payment to a near-record-high of $2,627.
To look at the hit on affordability another way, a homebuyer on a $3,000 monthly budget can afford a $450,000 home with today’s average rate. That buyer has lost $30,000 in purchasing power since February, when they could have bought a $480,000 home with that month’s average rate of around 6%. The drop…
![Do You Have The 5 Essentials Of SPARK? [VIDEO]](/media/k2/items/cache/97bcb3cf8569ef40f3e29216103b64b7_S.jpg)
What can you learn from a woman who is a self-described Badass (former military), a Smart Ass (MBA) and a PhD Wise Ass? You get the author of a new book, “SPARK! The 5 Essentials to lead within”- Meet Tracey Jones, Ph. D an author of 10 books and learn from her extraordinary vision of leadership! Find out what DNA REALLY stands for! A bit about Tracey: Author, speaker, veteran, and entrepreneur, Dr. Tracey C. Jones is a student of life. With five careers path spanning the military, Fortune 500 companies, defense and government contracting, and small business, she has a unique perspective of learning, living, and leading. Tracey is the author of 10 books, five of which are children’s books co-“paw”thored by her rescue dogs and cats. She is also a recognized scholar and researcher in the field of crisis leadership and the theory of motivation. As the daughter…
The education industry and teaching are on the precipice of major transformation due to the acceleration of all kinds of new technologies, predominantly artificial intelligence (AI). Education is no longer just a human endeavor, and both teachers and prominent institutions and organizations in the field of education must adapt and adjust as education and technology (also known as EdTech) combine to develop a new, more efficient way of learning.
As you know, much of my teaching revolves around my Hard Trend Methodology and anticipatory thinking, differentiating between Hard Trends and Soft Trends to identify and embrace disruption before it occurs. Hard Trends are those that are future certainties that will happen, while Soft Trends are future possibilities that can be influenced and changed. Before we dive into where the world of education is heading, I want to remind everyone that the world has shifted from a time of rapid change to a time of transformation. Change always…
NEW CFA REPORT DOCUMENTS THE COSTS TO THE INDUSTRY AND CONSUMERS Today the Consumer Federation of America (CFA) is releasing a new report – “A Surfeit of Real Estate Agents: Industry and Consumer Impacts” – that uses industry sources to document the costs to industry and to consumers of too many residential real estate agents. More than 1.5 million residential agents (including brokers) compete for home sales usually totaling 5 to 6 million annually. Those costs include: economic inefficiencies including an inordinate time spent by agents finding clients, relatively low incomes of many full-time agents, frustration by these agents and by many consumers who must deal with inexperienced agents, reinforcement of relatively high and uniform commission rates, and damage to the reputation of the industry.
“A large majority of practicing real estate agents have recently received their license or work part-time,” said Stephen Brobeck, a senior fellow at…
The Cape Coral metro area has more than made up for the plunge in new listings caused by the storm Listings of homes for sale in the Cape Coral-Fort Myers, FL metropolitan area have recovered after plunging in the wake of Hurricane Ian last fall, and sales have begun to bounce back, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. In the two months after the devastating September 2022 storm, there were 900 fewer new listings in Cape Coral-Fort Myers than there would have been had the storm not hit, according to Redfin projections. But in the six months after that, there were 1,314 more new listings than projected, more than offsetting the shortfall. To put it another way, the metro had gained 415 more new listings than it had lost by early May. The Cape Coral-Fort Myers metro area will be referred to as…
Here we are, sitting on the cusp of a LONG holiday weekend. With July 4th on Tuesday, many are going to make the weekend more like a week! If you are planning to go away and be gone/unplugged for this weekend, please be safe and enjoy yourself. If you are planning on remaining connected and are looking to take advantage of potential opportunities, then here are a few things you can do. 1. Let people know you are working! Referral partners Clients Builders Other lenders 2. Get out and be visible! Pop ins Open Houses Door knocking 3. Start the conversation! Real estate market Inventory Opportunities Debt consolidation Collect the 9s & 10s Back to school 4. Follow-up Who did you speak to? How did things go? How can I help? It only takes a few hours over the holiday weekend to really set yourself apart. Making sure people know you…
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As a futurist, I am delighted to share my insights on various topics, including change, transformation, technology, and advancements in Generative AI. In this article, I will discuss several key concepts I explored during a recent podcast interview with PMMI, shedding light on the power of transformation and the role of AI in shaping our future. In addition, it’s imperative that I explore the importance of embracing an Anticipatory mindset in our fast-paced world of constant change.
Understanding Change and Transformation It is essential to differentiate between change and transformation. Change is often triggered externally, compelling organizations, individuals, or teams to react. On the other hand, transformation arises from within, allowing us to proactively shape our future. Embracing transformation grants us control and empowers us to actively mold our destinies. Let’s consider the example of mobile technology. The introduction of the Blackberry brought change by enabling mobile email access.…
Pending home sales shrunk 2.7% in May from the previous month, according to the National Association of Realtors®. Three U.S. regions posted monthly losses, while sales in the Northeast surged. All four regions saw year-over-year declines in transactions. “Despite sluggish pending contract signings, the housing market is resilient with approximately three offers for each listing,” said NAR Chief Economist Lawrence Yun, “The lack of housing inventory continues to prevent housing demand from being fully realized.” The Pending Home Sales Index (PHSI)* – a forward-looking indicator of home sales based on contract signings – dropped 2.7% to 76.5 in May. Year over year, pending transactions fell by 22.2%. An index of 100 is equal to the level of contract activity in 2001. “It is encouraging that homebuilders have ramped up production, but the supply from new construction takes time and remains insufficient,” added Yun. “There should be more focus on boosting…
Have you ever had your confidence go MIA? Maybe it was the jitters before a big social event, like a class reunion, or a critical meeting. Perhaps you were meeting someone for the first time or stepping out of your comfort zone in some way…
And even though you are a grown adult who has been in hundreds of situations where you had to be your best self, sometimes your illusive self-assuredness goes AWOL! What’s the deal? I recently addressed an exceptional group of about 200 teens and their private comments had a common denominator: they thought they weren’t good enough, they thought they might be rejected, they feared they would not be accepted, they worried that they looked weird, or would seem awkward. One said, “I want to have charisma.” Hmmm. Charisma? Sound familiar? Merriam-Webster defines the meaning of a charismatic person being: “A person who possesses…
I don’t know if it will get called a recession or not, we no longer have a technical definition that is valid since the last two consecutive quarters of negative growth happened and people felt it didn’t suit their political agenda, so they just ignored it and said it wasn’t so; but call it what you want, it is what it is. What I can tell you is that the signs are not looking good. The job market is slowing down, and people are not finding new jobs as quickly as they once did. Wage pressure is decreasing, and many people are fighting going back to the office so they will risk termination over heading back to a building. Other signs point to some real issues. Vehicle repossessions are rising rapidly, and some banks and credit unions are paying high premiums to repossession agents to move to the front of…
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