Crescent Communities recently had the groundbreaking celebration for what will be Charlotte’s newest master-planned development in over 20 years: The River District. The project will include more than 5,000 homes and apartments as well as hotels, retirement units, and...
Berkshire Hathaway HomeServices PenFed Realty, a real estate brokerage with over 2,000 Realtors and over $8 billion in annual sales volume, announced the appointment of Giorgio Danso as the new managing broker for the company’s Reston, Va., office. “It is my pleasure...
Restb.ai is launching its AI-powered Property Descriptions technology for the US and Canadian real estate industry, making it easier for agents to automate the time-consuming task of creating property listing descriptions. The Restb.ai technology uses...
LERETA, a national provider of real estate tax and flood services for mortgage servicers, today announced the LERETA Tax Grants program, which will help pay property taxes for military veterans through Operation Homefront, a national nonprofit whose mission is to...
There’s no doubt that today’s real estate market is…difficult. Homes are spending an outstanding 75 days on the market, up from a low of 31 days set in May 2022. This is the longest time on market since February 2020. Days on market is a metric that...
Mortgage rates continue their upward trajectory as the Federal Reserve continues their pointed and aggressive response to stubborn inflation, with weekly U.S. average at 6.73% as of 3/8/23. This means that would-be homebuyers are continuing to face challenges of...
Hits and Misses for the Real Estate Week of April 6-10
