Source: Mansion Global — Home sales have plunged. Buyers, facing the fastest-rising mortgage rates in decades, are scrapping their plans. And forecasters have rarely disagreed so much over where the market goes next. By many measures, the housing market entered...
Source: Globest — The share of women in the commercial and residential real estate industries slumped 5% from 2017 to 2021, and women are still making less on average than male counterparts in both sectors. A MyEListing analysis of Bureau of Labor Statistics...
Source: CNBC — Bahamian lawyers say FTX executives Sam Bankman-Fried and Ryan Salame spent $256.3 million to buy and maintain 35 different properties across New Providence, Bahamas. Now, Bahamas regulators are trying to claw back the property from FTX’s U.S....
Source: Business Journals — Howard E. Greenberg is a Westchester real estate professional who not only seems to know what’s going to happen in real estate and development before it happens but has an encyclopedic knowledge of what already has happened as well....
Source: CNBC — The average rate on the 30-year fixed mortgage dropped to 6.28% Tuesday, according to Mortgage News Daily. It is now at the lowest level since mid-September. The decline came after a lower-than-expected reading of the November’s consumer price...
Hits and Misses for the Real Estate Week of March 23-27
