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Inside the Queen’s sizable New York real estate portfolio

Inside the Queen’s sizable New York real estate portfolio

by Third Party | Sep 22, 2022 | Current News & Events, Real Estate News

Source: The Real Deal —  Long live the Queen — or at least her real estate holdings. Queen Elizabeth, Britain’s longest-reigning monarch, died Sept. 8 at the age of 96 at Balmoral Castle in Scotland, one of several royal residences spread throughout the United...
How ‘Forever Renters’ Are Changing Real Estate As We Know It

How ‘Forever Renters’ Are Changing Real Estate As We Know It

by Third Party | Sep 22, 2022 | Industry Updates, Real Estate News, U.S. Housing Market

Source: Forbes —  The cost of a home is at an all-time high in the United States. According to the National Association of REALTORS®, the median home price increased by 15% from last year. But how exactly is this housing market impacting millennials and Gen-Z?...
Quantitative Easing’s Positive Legacy for US Mortgage Holders

Quantitative Easing’s Positive Legacy for US Mortgage Holders

by Third Party | Sep 22, 2022 | Mortgage Information, Real Estate Agent Tools

Source: Advisor Perspectives —  As the Federal Reserve raises rates in an effort to stifle inflation, what are the implications for US mortgage holders? Thanks to the quantitative easing (QE) programs employed by the Fed after the global financial crisis (GFC),...
Homebuilder sentiment tumbles in September for ninth straight month

Homebuilder sentiment tumbles in September for ninth straight month

by Third Party | Sep 21, 2022 | Current News & Events, Industry Updates, Real Estate News

Source: Fox Business —  Confidence among builders in the U.S. housing market plunged more than expected in September to the lowest level since the beginning of the COVID-19 pandemic as painfully high inflation and rising borrowing costs forced potential buyers...
Home-Flipper Opendoor Hit With Losses in Echo of Zillow Collapse

Home-Flipper Opendoor Hit With Losses in Echo of Zillow Collapse

by Third Party | Sep 21, 2022 | Current News & Events, Industry Updates, Real Estate News

Source: Bloomberg —  Company lost money on 42% of its August resales after it failed to anticipate slide in housing demand. The US housing market’s sharp downturn has been bad for builders, flippers and almost anyone who had plans to sell a home when rising...
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