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Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. National active housing inventory for sale at the end of February 2025 was up 27.6% compared to February 2024. That’s just 23.1% below pre-pandemic levels in February 2019. However, while the national housing market has softened and inventory has surpassed 2019 pre-pandemic levels in some pockets of the Sun Belt, many housing markets remain far tighter than the national average. Pulling from ResiClub’s inventory tracker, we identified the tightest major housing markets heading into the spring 2025 season, where active inventory is still the furt…
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The world is in chaos, and many of us wish this wasn’t reality but a video game. Coperni, the French fashion label, captured this sentiment in its recent Paris Fashion Week show. The brand’s designers—Sébastien Meyer and Arnaud Vaillant—wanted to re-create old-school gamer culture, with the theme of “LAN Party,” which was an event in the ’90s where people would gather together to compete in video games. Coperni brought together 200 people to play games like Fortnite and Rocket League for 24 hours. The show captured the aesthetic of the ’90s, along with that era’s fascination with futuristic digital realities, like those depicted in films like Hackers and The Matrix. W…
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When artificial intelligence-backed tractors became available to vineyards, Tom Gamble wanted to be an early adopter. He knew there would be a learning curve, but Gamble decided the technology was worth figuring out. The third-generation farmer bought one autonomous tractor. He plans on deploying its self-driving feature this spring and is currently using the tractor’s AI sensor to map his Napa Valley vineyard. As it learns each row, the tractor will know where to go once it is used autonomously. The AI within the machine will then process the data it collects and help Gamble make better-informed decisions about his crops — what he calls “precision farming.” “It’s not g…
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Cultural relevance has never been more important or desired by brands and marketers than it is right now. As fragmented as our media landscape has become, a brand with cultural relevance is better at attracting our attention and, importantly, keeping it. Why? Because we care. We talk to our friends and family about it. We engage in online and IRL communities about it. So if a brand can genuinely embed itself in that experience, or make that experience better, more interesting, helpful, or entertaining, then it’s really earning our attention. A new report from global ad agency network TBWA takes a deep dive into 39 cultural shifts happening around the world, and …
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The van makes its way slowly but surely through the city streets, braking gently when a car swerves into its lane. But its steering wheel is turning on its own, and there’s no one in the driver’s seat. The driverless technology from Nissan Motor Corp., which uses 14 cameras, nine radars, and six LiDar sensors installed in and around the vehicle, highlights Japan’s eagerness to catch up with players like Google’s Waymo that have taken the lead in the U.S. Japan, home to the world’s top automakers, has not kept pace with the global shift to autonomous driving, so far led by China and the U.S. But momentum is building. Waymo is going to land in Japan this year. Details ha…
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By now everyone knows that scrolling social media isn’t exactly good for you. But did you know it might be making you sweat? Researchers from the psychology department at Durham University tracked the physiological responses of scrolling on social media and found a rather strange side effect. The researchers asked 54 young adults to browse Instagram for 15 minutes while monitoring their heart rate and their skin conductance (which would tell how much sweat they produced). Compared to reading a news article on a phone, they found scrolling Instagram made people’s heart rates slow down and, simultaneously, made them sweat more. From the control group, who just read the…
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Detroit-based fintech platform Rocket Companies (NYSE: RKT) has reached an agreement to acquire the Seattle mortgage services company Redfin (NASDAQ: RDFN) in an all-stock transaction valued at $1.75 billion, the companies announced on Monday. Each Redfin share will be exchanged for 0.7926 shares of Rocket’s Class A common stock, with the deal expected to close in mid-2025, pending shareholder and regulatory approvals. Following the announcement, Redfin’s stock soared nearly 70%, reaching $9.91 in premarket trading. This surge came after Rocket Companies agreed to acquire Redfin for $12.50 per share, representing a premium of 63% over Redfin’s recent average price…
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Even though Tarana Burke is still correcting some past misconceptions about the #MeToo movement that went mainstream about eight years ago—it’s not dead, for example, and it wasn’t a witch hunt—she’s focused on the future. Specifically, the movement’s founder said organizing has already begun for the 2026 U.S. midterm elections. “I’m really looking forward to what we can do to build on the campaign we started in 2024,” Burke, chief vision officer of Me too. International, said Saturday during a discussion at the Fast Company Grill at SXSW. “I’m really excited about the idea of building a constituency; imagine us voting along the lines of our survivorship.” One go…
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Digits is taking on QuickBooks and Xero, with the world’s first AI-powered Autonomous General Ledger, allowing small business owners and accountants to put their accounting needs almost completely in the hands of AI. Digits announced the service—which went live Monday—at HumanX in Las Vegas, after working on it for the past five years in stealth mode and putting it in the hands of hundreds of companies to test out over the past year. The platform serves as an alternative to other accounting software or platforms, such as QuickBooks or Xero, but stands out as it uses its own proprietary AI technology. Jeff Seibert, the co-founder and CEO of Digits, says that puts t…
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A one-day strike by workers at 13 German airports, including the Frankfurt and Munich hubs and all the country’s other main destinations, caused the cancelation of most flights on Monday. The 24-hour walkout, which started at midnight on Sunday, involves public-sector employees at the airports as well as ground and security staff. At Frankfurt Airport, 1,054 of the day’s 1,116 scheduled takeoffs and landings had been canceled, German news agency dpa reported, citing airport traffic management. All of Berlin Airport’s regular departures and arrivals were canceled, while Hamburg Airport said no departures would be possible. Cologne/Bonn Airport said there was no regular …
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Over the past 20 years, the Walt Disney Company has spent billions acquiring the world’s most recognizable intellectual properties, including Star Wars, Marvel, and Pixar. It’s not just putting those assets to use on the big screen. Increasingly, those properties are an ever-larger part of the company’s theme parks, including Disneyland in California and Disney World in Florida. Last August, Disney announced an expansion of its parks, and now, at the annual South by Southwest (SXSW) festival in Austin this month, Disney has provided more details about new experiences and rides coming to those parks—and yep, the upcoming theme park experiences are all about Marvel, Sta…
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Harvard Business Publishing Corporate Learning recently surveyed leaders and L&D professionals about what they’re looking for in a leadership development program. At the top of the list? Scalability. One of my passions—and one of the reasons my company developed our own learning platform—is expanding access to leadership development, so it’s exciting to see companies recognizing how important scalability is. At the same time; however, I know that making scalability work at your organization can be a tall order. For a long time, scalability and quality have seemed at odds in leadership development. An organization could spend its budget on highly effective, b…
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Hello and welcome to Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter explores inclusive approaches to leadership drawn from conversations with executives and entrepreneurs, and from the pages of Inc. and Fast Company. If you received this newsletter from a friend, you can sign up to get it yourself every Monday morning. During December 2024, Workday CEO Carl Eschenbach and his leadership team, including cofounder and executive chairman Aneel Bhusri, arrived at a big decision: the software company would restructure itself to free up operating dollars for investment opportunities tied to artificial inte…
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